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Sabic signs deal for 38,000 cbm gas carrier Picture for illustrative purpose only.

Sabic signs deal for 38,000 cbm gas carrier

Vessel will be delivered by Ocean Yield ASA to Sabic's Houston base in December

 •   ExxonMobil still evaluating US JV with Sabic
 •   Sabic to sell stake in Ibn Al-Baytar to Safco
 •   SABIC sells polymershapes unit to US firm


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Nogaholding closes Bahrain LNG terminal financing

Nogaholding closes Bahrain LNG terminal financing

For this project, K-SURE will provide commercial and political risk cover for approximately 80% of the financing. Standard Chartered Bank, Arab Petroleum Investments Corporation (APICORP), and the Korea Development Bank acted as lead arrangers.
 
Aramco extends contract for two Noble jackup rigs

Aramco extends contract for two Noble jackup rigs

According to the contract, the charter of platform Noble Roger Lewis was extended to March 2022, while the charter of Noble Scott Marks rig was extended to July 2022
 
ABB delivers E-House to UAE offshore oilfield

ABB delivers E-House to UAE offshore oilfield

ABB has shipped the first batch of nine electrical houses (E-Houses) to enable reliable power supply to offshore oilfield in the UAE
 
Bangladesh set to ink LNG deal with Qatar

Bangladesh set to ink LNG deal with Qatar

The two sides will discuss issues regarding the quantity of liquefied natural gas (LNG) to be imported from Qatar and its pricing
 

 

Inpex, ADNOC to extend joint oilfield development

Inpex, ADNOC to extend joint oilfield development

The development of the Satah and Umma Al Dalkh fields will be extended from March 8, 2018, to the end of 2042
 
Lebanon to restart oil, gas licensing round

Lebanon to restart oil, gas licensing round

In its first sitting since being formed in December, Lebanon's new cabinet passed two decrees on Wednesday defining the blocks and specifying conditions for production and exploration tenders and contracts
 
Bahrain LNG set to start work on giant terminal

Bahrain LNG set to start work on giant terminal

On completion, the terminal will have a capacity of 800mn standard cubic feet per day (mcf/d) and be operated under a 20 year agreement
 
Aramco, McDermott sign offshore EPCI contract

Aramco, McDermott sign offshore EPCI contract

McDermott is currently executing EPCI work for Saudi Aramco on nine jackets offshore Saudi Arabia, which are expected to be delivered in the third quarter of 2017
 
Aramco grants EPC contracts to L&T Hydrocarbon

Aramco grants EPC contracts to L&T Hydrocarbon

The contract is awarded to supply and install four wellhead decks in the Safaniya field and another award to upgrade on 17 platforms in various offshore fields in the Arabian Sea off the coast of Saudi Arabia
 
Siemens ships 1st gas turbine to Zirku Island

Siemens ships 1st gas turbine to Zirku Island

The offshore project is being implemented in seven stages and primarily involves the reclamation and construction of two artificial islands to facilitate drilling works for the extraction of crude oil from the field
 
Aramco extends contract for Seadrill's jack-up rig

Aramco extends contract for Seadrill's jack-up rig

The contract will take in force immediately and will keep in operation the rig until December 2019
 
Cyberhawk wins UAE offshore inspection contract

Cyberhawk wins UAE offshore inspection contract

Dubai Petroleum's agreement, which has the option to renew on a yearly basis for two years, was awarded to Cyberhawk
 
Iraq and Petrofac sign $75mn contract

Iraq and Petrofac sign $75mn contract

Petrofac will continue to facilitate a substantial proportion of Iraq's oil export which is generated from the facility located 60km offshore the Al Fao Peninsula in Southern Iraq
 
Rosneft acquires stake in Eni's Shorouk concession

Rosneft acquires stake in Eni's Shorouk concession

The Russian company will pay Eni $1.13bn for an initial 30% stake in the Shorouk concession, which includes the Zohr find
 
Two Qatari offshore platforms completed

Two Qatari offshore platforms completed

The consignment included a utility platform that weighed 3,500 tonnes and a living quarter platform that weighed 4,000 tonnes
 




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