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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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King Salman inaugurates $42.7bn projects by Aramco

King Salman inaugurates $42.7bn projects by Aramco

The oil projects were worth around $42.66bn (160bn Saudi riyals) with a total production capacity of about 3mn barrels
 
IOC's flock to Egypt for oil exploration bids

IOC's flock to Egypt for oil exploration bids

Companies involved in the process include Royal Dutch Shell, BP, Apache Corp, and Apex International Energy with exploration contracts signed to date worth around $200mn
 
Saudi Arabia carries on drilling despite oil slump

Saudi Arabia carries on drilling despite oil slump

The number of rigs operating in Saudi Arabia has climbed from 105 to 126 since 2014 at a time when the number of rigs drilling for oil and gas around the world has fallen 1,382 to just 920
 
Shell considering selling its Iraq oil assets

Shell considering selling its Iraq oil assets

Shell is seeking to slim down its vast oil and gas portfolio following the $54bn acquisition of BG Group in February, which transformed it into the world's top liquefied natural gas trader
 

 

Emerson offers KOC reservoir modeling software

Emerson offers KOC reservoir modeling software

Reservoir Modeling Software Selected to Determine Well Placing and Reduce Geosteering Risk
 
Iran awards key oil deal to Schlumberger

Iran awards key oil deal to Schlumberger

According to the MoU, Schlumberger would be required to study the formations of Shadegan, Parsi and Rag-e Sefid oil fields in Khouzestan
 
KSA's maritime complex to cost over $5bn: Minister

KSA's maritime complex to cost over $5bn: Minister

The government will finance the infrastructure of the complex such as dredging and other work as it did with other cities Jubail and Yanbu
 
Heavy rains delay launch of Aramco projects

Heavy rains delay launch of Aramco projects

Saudi Aramco has not determine a new date for the ceremony yet
 
Kuwait oil exports up by 28%, 65% to Japan, Taiwan

Kuwait oil exports up by 28%, 65% to Japan, Taiwan

KPC's solid ties with its clients in Tokyo have led to the surge in Kuwaiti oil exports in the past five years
 
RasGas delivers debut LNG cargo to French terminal

RasGas delivers debut LNG cargo to French terminal

The cargo aboard RasGas' Maran Gas Asclepius was delivered to the EDF Group last week.
 
Saudi Aramco Extends GES Contract with Jacobs

Saudi Aramco Extends GES Contract with Jacobs

While officials did not disclose the contract value, the five-year extension builds on the framework of the original contract signed in 2011
 
Aramco, Shell, ADNOC eye Indian crude storage

Aramco, Shell, ADNOC eye Indian crude storage

According to reports, crude imports from the UAE are expected to rise to 18.5mn tonnes in 2016-17.
 
Restrata, Agility train Iraq's oil and gas workers

Restrata, Agility train Iraq's oil and gas workers

The facility supports major oil fields, including Rumaila North/South, West Qurna, and Zubair, and serves as a secure transit hub to central Iraq.
 
Iran inks oil deals with 3 Russian companies

Iran inks oil deals with 3 Russian companies

NOIC signs oil deals with Lukoil, Tatneft and Zarubezhneft
 
New Boundaries for Block 3 Onshore Oman

New Boundaries for Block 3 Onshore Oman

30% of Block 3 and 4 is owned by Tethys Oil AB, 20% by Mitsui E&P Middle East BV and 50% by CC Energy Development SAL.
 




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