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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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Japan extends UAE crude storage deal through 2019

Japan extends UAE crude storage deal through 2019

Tokyo has given UAE free crude storage since 2009, an arrangement that had been due to expire at the end of this year and was extended to the end of 2019
 
Aramco launches Saudi Arabia's first wind turbine

Aramco launches Saudi Arabia's first wind turbine

The project will power Saudi Aramco's facility in Turaif in northwestern Saudi Arabia, providing electricity directly to the bulk plant
 
Dana Gas to raise Wastani gas production in Egypt

Dana Gas to raise Wastani gas production in Egypt

The current production of WASCO is estimated at 195mn cubic feet of natural gas and 6,200 barrels of condensates per day
 
Oman Shipping signs 3-year deal with Shell

Oman Shipping signs 3-year deal with Shell

The contract grants Shell access to the Very Large Crude Carriers (VLCC) operated by OCC for Crude oil cargo transportation requirements and provides OCC with the cargo base it needs to support its commercial operations
 

 

Nogaholding approaches banks for bond programme

Nogaholding approaches banks for bond programme

Since Nogaholding's latest US dollar fund-raising exercise was an Islamic loan, a sukuk programme seemed more likely
 
Wintershall explores tie-ups in Middle East

Wintershall explores tie-ups in Middle East

Wintershall Middle East general manager Uwe Salge said the company has the right strategies to grow in the region
 
Aramco extends GES+ contract with SNC-Lavalin

Aramco extends GES+ contract with SNC-Lavalin

Under the contract, SNC-Lavalin will be invited to bid on front-end engineering, detailed engineering and project management services to support the implementation of Saudi Aramco's capital and sustaining capital programmes in the Kingdom of Saudi Arabia
 
Scottish Plexus wins tech order for Oman oil well

Scottish Plexus wins tech order for Oman oil well

The new well, Karamah-1, will be drilled from the Aban VII jackup rig over 30 days
 
Wood Group wins multi-million dollar Aramco deal

Wood Group wins multi-million dollar Aramco deal

The Aberdeen-based company has secured a five year framework agreement to continue to provide engineering and project management services to Aramco's onshore capital programmes in Saudi Arabia
 
Iran eyes to increase gas export by over 7 times

Iran eyes to increase gas export by over 7 times

The gas demand for power sector is expected to increase by only 15 bcm/y to around 70 bcm/y, while the industrial sector would double the gas consumption to above 80 bcm/y by 2020
 
China's Iranian crude oil imports to hit record

China's Iranian crude oil imports to hit record

Chinese firms were expected to lift between 3mn to 4mn barrels more Iranian oil each quarter in 2017 than last year
 
QP obtains license to prospect in Morocco

QP obtains license to prospect in Morocco

Qatar Petroleum has obtained the licensing to prospect for oil and gas in Morocco's southern costs, according to Moroccan news outlet Hespress.
 
Schlumberger acquires Peak Well Systems

Schlumberger acquires Peak Well Systems

The addition of Peak's mechanical and remedial solutions for cased-hole well intervention strengthens the Schlumberger Production Services portfolio
 
Saudi Aramco renews deal with WorleyParsons

Saudi Aramco renews deal with WorleyParsons

The contract involves project management and design engineering services across a variety of onshore, green and brownfield projects
 
Qatar, Glencore finalise deal with Rosneft

Qatar, Glencore finalise deal with Rosneft

The deal's success suggests the lure of taking a share in one of the world's biggest oil companies outweighs the risks associated with Western sanctions imposed on Russia
 




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