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Borouge signs deal for ethylene expansion project Construction began at the Borouge 3 ethylene expansion project.

Borouge signs deal for ethylene expansion project

Wison Engineering, a Chinese chemical engineering, procurement and construction (EPC) firm, has been awarded the contract

 •   Borouge unveils 2021 Sustainability Goals
 •   Borouge reaffirms commitment to Chinese market
 •   Borouge honours employees in field of innovation


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Iran gives Total 6 months for making oilfield bid

Iran gives Total 6 months for making oilfield bid

Deputy Oil Minister says several European and Asian firms have expressed willingness to develop the South Azadegan oilfield, and that the Islamic Republic's MoU with Total is not binding
 
BP Oman completes 70% work in Khazzan gas field

BP Oman completes 70% work in Khazzan gas field

BP Oman plans to start the drilling of the first exploratory well of gas before the end of 2016
 
Oman plans to tender five oil blocks in October

Oman plans to tender five oil blocks in October

These oil and gas blocks spread in different parts of the country will be awarded, after a tending process, on production sharing basis, according to the Sultanate's Ministry of Oil & Gas
 
India, Qatar to jointly explore energy assets

India, Qatar to jointly explore energy assets

India has also invited Qatar to invest in the Asian giant's exploration and production sector by bidding for blocks under the new Hydrocarbon Exploration and Licensing Policy    1 Comments
 

 

Saudi looks to import gas to boost energy mix

Saudi looks to import gas to boost energy mix

Khalid Al-Falih however stresses that the priority would be on finding new sources of gas domestically through exploration
 
Iran oil output currently at 3.82mn bpd: Zanganeh

Iran oil output currently at 3.82mn bpd: Zanganeh

Oil Minister Bijan Zanganeh predicts Iran will have around 5-6% spare production capacity after reaching 4mn bpd by the end of the year
 
Kuwait Oil Company looks to solar oil extraction

Kuwait Oil Company looks to solar oil extraction

Kuwait is exploring renewable energy-enhanced oil recovery techniques, mainly from concentrated solar power, to slash import bills
 
Aramco finds new fields, to continue investments

Aramco finds new fields, to continue investments

Aramco's chairman and new Saudi Energy Minister Khalid al-Falih has said in the company's 2015 annual report that despite low oil prices the oil giant has reached record levels of oil production and gas processing
 
DNO fails to find oil in Oman Block 36, finds gas

DNO fails to find oil in Oman Block 36, finds gas

The well, drilled in the Rub al-Khali basin in the southwestern part of the Sultanate, reached a total depth of 3,010m
 
Aramco awards $1bn Hasbah gas expansion contract

Aramco awards $1bn Hasbah gas expansion contract

India's Larsen & Toubro and Singapore-based Emas AMC bag contract worth over $1bn for the expansion of the offshore Hasbah sour gas field
 
Oil output in Oman surges to 30mn barrels in April

Oil output in Oman surges to 30mn barrels in April

The Sultanate's crude oil exports touched 26.99mn in April; an average of 899,637bpd
 
Maersk risks losing Qatar field, its largest asset

Maersk risks losing Qatar field, its largest asset

Qatar surprised the company last year by putting out a tender for Al Shaheen field, which Maersk Oil has been operating since 1992
 
Austria's OMV signs MoU to revive activity in Iran

Austria's OMV signs MoU to revive activity in Iran

The deal signed earlier this month in Tehran covers several areas from oil and gas field evaluation to crude oil and petroleum product swaps
 
Iran oil & gas condensate exports reach 2.45m bpd

Iran oil & gas condensate exports reach 2.45m bpd

Iran welcomes presence of foreign and domestic investors in the upstream and downstream sectors, a senior official says
 
Gas production in Oman grows by 8% to 10.2bcm

Gas production in Oman grows by 8% to 10.2bcm

A sizeable portion of the natural gas in Oman is used by various mega industrial projects, which stood at 6.16bcm in Q1 2016
 




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