Home / NEWS / Offshore / Market Watch

ADNOC, OMV sign MoU on downstream businesses opportunities HE Dr Sultan Ahmed Al Jaber (right), the UAE minister of state and group CEO, ADNOC, and Dr Rainer Seele, CEO, OMV, sign the MoU on ADNOC’s downstream businesses.

ADNOC, OMV sign MoU on downstream businesses opportunities

The agreement supports the evaluation of opportunities in downstream projects, the exchange of knowledge and experience in refining operations and refinery-petrochemical integration and optimisation, and downstream technical and maintenance support.

 •   ADNOC, Penthol sign agreement for selling Group III base oil in the US
 •   OMV plans to increase its Abu Dhabi investments
 •   ADNOC, Masdar sign MoUs with Saudi Aramco


 RSS Feed  more

Iran bars IOOC from working on gas field shared with Saudi and Kuwait

Iran bars IOOC from working on gas field shared with Saudi and Kuwait

The work stoppage has been called amid a dispute over geographical borders that still needs to be settled, with Iran banning all activity on Iran's side of the field
 
Qatar seeks coordination with Iran on shared field

Qatar seeks coordination with Iran on shared field

Qatari officials have called for establishing a joint technical committee to coordinate on the volume of gas production from the South Pars gas field: Iran's Oil Minister
 
Iran launches projects in Gulf to raise gas output

Iran launches projects in Gulf to raise gas output

President Hassan Rouhani has recently inaugurated five new projects, which officials said would put Iran on an equal footing with Qatar in exploiting the shared offshore gas field
 
South Pars deal with Total to be signed soon: NIOC

South Pars deal with Total to be signed soon: NIOC

In November, Total signed a preliminary agreement, worth $4.8bn, as the head of an energy consortium to develop Phase 11 of the giant South Pars field in the Gulf's waters that Iran shares with Qatar
 

 

Lebanon on track with first licensing round: Chbat

Lebanon on track with first licensing round: Chbat

Wisam Chbat, chairman of the Lebanese Petroleum Administration, has provided details of the government's efforts to structure and develop the nascent oil and gas industry, in an interview to the organisers of the Lebanon International Oil and Gas Summit
 
Lebanon to lure oil & gas investments in May event

Lebanon to lure oil & gas investments in May event

The challenges and the road ahead for companies investing in Lebanon's oil and gas industry will also be deliberated upon during the 3rd edition of the Lebanon International Oil & Gas (LIOG) Summit on the 9th and 10th of May in Beirut
 
Nakilat, Shell LNG tanker damaged off UAE

Nakilat, Shell LNG tanker damaged off UAE

Sitting empty off the UAE port of Fujairah, a busy anchorage point on the Gulf of Oman, the tanker was struck by the Jag Laadki operated by India's Great Eastern Shipping Company
 
Total in talks to buy Iranian LNG project: Sources

Total in talks to buy Iranian LNG project: Sources

Total was in the running for a stake in Iran's LNG, alongside several other oil majors, but any deal was still some way off, Reuters’ sources confirmed
 
Algeria, Exxon discuss joint offshore oil drilling

Algeria, Exxon discuss joint offshore oil drilling

With lower oil prices forcing the company to focus on developing mature wells in the Sahara Desert, offshore rigs could open up new growth opportunities
 
Lebanon to begin offshore gas licensing round

Lebanon to begin offshore gas licensing round

After Israel expressed concern over three of the five maritime blocks 8, 9 and 10 due to their proximity to its maritime borders, Lebanon's Army asked UNIFIL to demarcate the two countries' maritime borders as they did with the Blue Line.
 
Qatari al-Shaheen crude loading delays: Sources

Qatari al-Shaheen crude loading delays: Sources

QP announced that Total will soon take over operations of Al-Shaheen, whose supplies have become erratic since late last year with exports falling in September-October and January due to maintenance work
 
PetroSaudi, PDVSA arbitration decision in Q4

PetroSaudi, PDVSA arbitration decision in Q4

PetroSaudi International, the parent company of PetroSaudi Oil Services Ltd, did not immediately respond to a request for comment, according to Reuters
 
Iran to sue Total if information leak confirmed

Iran to sue Total if information leak confirmed

The French oil major has allegedly passed on vital information to Qatar about Iran's South Pars gas field, an enormous offshore natural gas reserve, which the two countries share
 
Dana Gas reports net profit of $33mn for 2016

Dana Gas reports net profit of $33mn for 2016

The company continued to remain profitable in 2016 despite taking a charge on the currency devaluation in Egypt and a lower share of production
 
Egypt pays Eni for the

Egypt pays Eni for the "Zohr" development deal

Egypt's foreign reserves rose to $26.363bn at the end of January, but were still about $10bn less than the reserves before an uprising in 2011 ushered in a period of political turmoil
 




NEWSLETTER SUBSCRIPTION
Email:
ArabianOilandGas Awards
LinkedIn
Utilities middle east
Construction Week Online Middle East
Hotelier Middle East
Arabian Supply Chain Middle East



Digital Editions
Articles
Companies