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Oman Oil weighs up selling Khazzan stake Photo for illustrative purposes only.

Oman Oil weighs up selling Khazzan stake

The shareholding potentially available for sale could be worth around $1bn.

 •   BP to develop second phase of Oman’s giant Khazzan gas field
 •   Jacobs lands Khazzan EPCM deal
 •   Petrofac wins $800mn contract from BP for Khazzan phase 2 in Oman


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Total expands partnership with Novatek through Arctic LNG 2 project in Russia

Total expands partnership with Novatek through Arctic LNG 2 project in Russia

French supermajor signs deal to take a minority interest in new venture as it continues collaboration with Russian natural gas producer.
 
Shell, Total sign gas development deals in Oman

Shell, Total sign gas development deals in Oman

Deals should help Oman increase its energy provision and its economic growth targets.    1 Comments
 
Emerson study: $7bn profit potential for unconventional oil & gas operators reaching top quartile

Emerson study: $7bn profit potential for unconventional oil & gas operators reaching top quartile

In a 'lower-for-longer' oil price environment, many companies are turning to IIoT technologies and the promise of digital transformation to help embed expertise in work processes, improve production and begin the path to operational excellence.
 
KCA Deutag completes acquisition of the Omani and Saudi Arabian businesses of Dalma Energy

KCA Deutag completes acquisition of the Omani and Saudi Arabian businesses of Dalma Energy

Scottish firm makes major acquisition to strengthen its presence in the region's rig sector.
 

 

UAE’s Crescent leads Iraqi oil and gas auction success

UAE’s Crescent leads Iraqi oil and gas auction success

Iraqi bidding round concludes with UAE based private operator doing the most business alongside interest from China.
 
Kuwait Energy begins extracting gas in southern Iraq

Kuwait Energy begins extracting gas in southern Iraq

Iraq is hoping to spike its output of both oil and natural gas via JVs with other nations in the region.
 
Eisenbau Kramer wins clad pipe deal for key Middle East gas project

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SNC-Lavalin wins Wasit gas plant installation contract from Aramco

SNC-Lavalin wins Wasit gas plant installation contract from Aramco

Under the scope of work for the multi-million dollar contract, SNC-Lavalin will construct the Arabiah Condensate Handling Facility and Sour Water Disposal Unit Project at the Wasit Gas Plant in Saudi Arabia.    1 Comments
 
ADNOC launches six historic oil and gas licencing opportunities

ADNOC launches six historic oil and gas licencing opportunities

Major onshore and offshore blocks across the emirate opened for new competitive bidding round.
 
BP to develop second phase of Oman’s giant Khazzan gas field

BP to develop second phase of Oman’s giant Khazzan gas field

Ghazeer development to bring Khazzan production to an estimated 1.5 billion cubic feet per day of gas.
 
Shell announces sale of interest in Mukhaizna field in Oman to Indian Oil Corporation for $329mn

Shell announces sale of interest in Mukhaizna field in Oman to Indian Oil Corporation for $329mn

Shell continues its global $30bn divestment strategy by offloading stake in Omani heavy oil asset.
 
Iraq to speed up oil contract bidding process

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Jacobs lands Saudi Aramco's Zuluf field development programme contract

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The project will provide facilities to process 600,000 barrels of oil per day of Arabian heavy crude oil from the Zuluf offshore field in the Arabian Gulf.
 
Renish Group unveils higher storage capacity at Alaska International facility

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Facility addresses rising local and regional demand for base oil, bitumen, fuel oil, and gas oil.
 
Korea's Samsung Engineering wins $3.57bn ADNOC Refining contracts

Korea's Samsung Engineering wins $3.57bn ADNOC Refining contracts

Two contracts – the award of a $$3.1bn project to introduce crude oil processing flexibility and the award of a $473mn project to recover power and water, both at the ADNOC-owned Ruwais oil refinery – were signed.
 




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