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Sadara signs supply deal with Saudi-Korean JV Sadara chemical facility in Jubail Industrial City II.

Sadara signs supply deal with Saudi-Korean JV

Joint venture firm plans to build a chemical production facility in PlasChem Park in Jubail Industrial City 2

 •   Aramco and Dow tour almost-complete Sadara complex
 •   Sadara highlights environmental efforts
 •   Sadara chemical complex 98% complete


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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
 
Wintershall eyeing opportunities in Iran

Wintershall eyeing opportunities in Iran

German E&P recently signed an MoU with Iranian authorities for the development of energy and infrastructure projects
 
Saudi, Kuwait struggle to restart Khafji oilfield

Saudi, Kuwait struggle to restart Khafji oilfield

Kuwait's acting oil minister said on March 29 that Kuwait had agreed with neighbouring Saudi Arabia to resume production at the field
 
Oman's crude oil production falls in March

Oman's crude oil production falls in March

The average daily crude oil production stood at 976,253 barrels
 
Will keep raising production: Iran oil minister

Will keep raising production: Iran oil minister

OPEC secondary sources put Iran's current output at 2.93mn bpd
 
Aramco says Jafurah unconventional gas promising

Aramco says Jafurah unconventional gas promising

Saudi Aramco is assessing the unconventional Jafurah gas basin which it says is promising; CEO says Aramco it plans to boost gas production for power and chemical industries
 
Wintershall talking to ADNOC over Shuwaihat field

Wintershall talking to ADNOC over Shuwaihat field

German E&P firm hoping to secure long-term production agreement with ADNOC
 
Dana Gas and Crescent contributing to KRI

Dana Gas and Crescent contributing to KRI

Consortium has invested more than $1.2bn to region
 
Production at UAE's Shah gas field to be ramped up

Production at UAE's Shah gas field to be ramped up

CEO of operator Al Hosn Gas says output to be increased by 50% to 1.5bcf per day by 2021
 
Kuwait agrees to restart joint oilfield with Saudi

Kuwait agrees to restart joint oilfield with Saudi

The Khafji oilfield was shut in October 2014 for environmental reasons
 




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