Picture for illustrative purpose only.
Vessel will be delivered by Ocean Yield ASA to Sabic's Houston base in December
Sonatrach plans to invest over $50bn in operations from 2017 to 2021 with the aim to increase production by 14%
The fighters loyal to former vice president Riek Machar said they had seized the four working for DAR Petroleum Operating Company from Upper Nile State last week - the second group of oil workers abducted this month.
Aramco's oil pipeline leak causes one death and three injuries
While the November figures record an overall decline in year-on-year momentum in Saudi Arabia, the oil and gas industry continues to lead growth in online recruitment in the Kingdom
Standard Chartered, APICORP, and Korea Development Bank were the institutions leading the limited recourse project financing, which was provided by nine international and regional lenders
Saudi Aramco has not determine a new date for the ceremony yet
The savings are being accrued as a result of, among other initiatives, a programme of Contract Optimisation Reviews that PDO has undertaken in collaboration with its sizable contracting and vendor community.
Company aims to extend its job creation efforts beyond the oil and gas industry to other sectors of the economy
The transaction will go into effect as of January 2017
Facility represents the first dual tranche Sukuk issuance in the Sultaanate
The integration will involve transitioning Tasweeq's employees, assets and customer relationships into the QP organisation before the end of the year
The employees have been formally accredited as 'Lean' practitioners for implementing projects which have eradicated waste and unnecessary or uneconomic work practices
Ahmed Saeed Al Calily to replace acting CEO Homaid Al Shimmari
Money will be used to top government financing for the company's oil & gas activities over the next year
Company says move is part of its effort to broaden scope in the Middle East