Oil Review Middle East weekly digest - 3rd - 7th December

public domain commons for ORME 307(Image source: Public domain/Commons)Here is a brief overview of the week’s news on Oil Review Middle East, from 3rd - 7th December 2017

Bridging the Knowledge Gap between Newcomers and industry Veterans

NACE works to inspire new generations of corrosion professionals. Click here to read the full story.

OPEC extends oil production cut to end of 2018

OPEC and non-OPEC oil giant Russia have agreed to extend oil production cuts until the end of 2018, after hours of discussions in Vienna on 30 November 2017. Click here to read the full story.

Abu Dhabi Ship Building receives awards

Abu Dhabi Ship Building (ADSB) recently received two prestigious awards reflecting the high quality of its business operations and commitment to corporate social responsibility. Click here to read the full story.

Emerson donates oil and gas reservoir characterisation software licenses to AUC

Emerson has donated licenses for Roxar RMS, Roxar Tempest Suite and Roxar METTE, the company’s oil and gas reservoir characterisation and engineering software, to The American University in Cairo (AUC). Click here to read the full story.

Global oil market to reach full stability in 2018: the UAE energy minister

The world oil market is expected to reach full stability in 2018, following the anticipated reduction of the level of inventories to a comfortable level, according to Suhail bin Mohammed Faraj Faris Al Mazrouei, minister of energy and industry in the UAE. Click here to read the full story.

TechnipFMC awarded Bapco Sitra refinery expansion in Bahrain

The UK-based TechnipFMC, jointly with Samsung Engineering and Tecnicas Reunidas, has been awarded a US$4.2bn contract from Bahrain Petroleum Company (Bapco) for the Bapco modernisation programme (BMP). Click here to read the full story.

The first energy digitalisation summit to take place in Dubai

The Energy Digitalisation Summit Middle East (EDs ME), first digital transformation, IoT and big data conference for the oil and gas industry, will take place from 12-13 December 2017, at Fairmont the Palm in Dubai. Click here to read the full story.

Trelleborg and Landing String sign deal to improve riser safety with composite buoyancy

Trelleborg has signed agreement with Landing String Solutions LLC to manufacture its landing string buoyancy system featuring 100 per cent composite materials, a move that aims to market the solution to a wider customer base globally. Click here to read the full story.

Saudi Aramco awards contracts for Haradh and Hawiyah gas projects

Saudi Aramco has awarded three site development contracts to Mofarreh Alharbi & Partners in Haradh and Hawiyah, a move that comes in line with expanding the company’s gas compression programme in the region. Click here to read the full story.

Emerson completes acquisition of Paradigm

Emerson has acquired Paradigm, a global provider of software solutions to the oil and gas industry, aiming to create a comprehensive exploration and production (E&P) software portfolio offering. Click here to read the full story.

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