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Oil Review Middle East weekly digest - 8th - 12th October

Event News

Here is a brief overview of the week’s news on Oil Review Middle East, from 8th - 12th October 2017

MEPEC promote women within process engineering in the Middle East 

The Middle East Process Engineering Conference (MEPEC) is taking the lead to promote women in the region’s energy engineering sectors, through its LEWAS initiative. Click here to read the full story.  

Synetics wins Multiple Middle East contracts for on and offshore oil and gas developments 

Surveillance solutions business Synectics has secured multiple contracts for onshore and offshore oil and gas developments, spanning Egypt, Saudi Arabia, the UAE, and Iran. Click here to read the full story.  

Tendeka wins contract to supply Kuwait Oil Company with Inflow Control Device technology 

Tendeka becomes first independent service company to win multi-million-dollar lower completion contract in the Middle East. Click here to read the full story.  

Eni sells 30 per cent stake in the Shorouk concession, offshore Egypt, to Rosneft 

Eni has finalised the sale of a 30 per cent stake in the Shorouk concession, where the Zohr gas field is located, to Rosneft. Click here to read the full story.  

BP strengthens LNG shipping capacity 

BP is taking delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers to support its expanding global LNG portfolio, and to respond to growing demand for lower-carbon energy sources around the world. Click here to read the full story.  

Petrofac signs three-year master services agreement with Gazprom Neft Middle East 

Petrofac has secured a three-year master services agreement (MSA) to support Gazprom Neft Middle East B.V. (Gazprom Neft) with the provision of engineering services on a call-off basis for the Garmian field in the Kurdistan region of Iraq. Click here to read the full story.  

VEB and AHQ group of companies will jointly develop Gulf projects 

Russian state-owned bank, Vnesheconombank and Abdel Hadi A. Al-Qahtani & Sons Group of Companies (AHQ, Saudi Arabia) signed MoU in Moscow on 4 October 2017. Click here to read the full story.  

Simba Essel Energy and Essel Group Middle East sign contract to commence FTG survey In Liberia 

Simba Essel Energy Inc has advised that its partner Essel Group Middle East has signed an agreement with Bell Geospace to conduct a comprehensive airborne FTG (Full Tensor Gravity Gradiometry) survey across Simba’s exploration block in Liberia. Click here to read the full story.  

Add Energy expands into Saudi Arabia for a strengthen Middle East presence 

Add Energy and DC Gruppe have combined their industry expertise to provide innovative engineering and asset support services to some of the most challenging industrial problems in Saudi Arabia. Click here to read the full story.  

The oil and gas industry has been increasingly adopting AI technology in recent years, and this trend is expected to continue in the coming years. (Image source: Adobe Stock)

SmartMaster can be used with a range of ABB and third-party instruments. (Image source: ABB)

Comparison of conventional workflow with DUG MP-FWI imaging. (Image source: DUG)

The expansion is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd). (Image source: Aramco)

ARO Drilling and IMI announce first Kingdom jack up rig (Image source: ARO)

Oman LNG signed various agreements with Shell Gas to secure its gas supply until 2034. (Image source: Adobe Stock)

GAC Saudi Arabia has extensive operations at major ports in Saudi Arabia. (Image source: GAC Saudi Arabia)

Michael Monica, director sales, marketing and customer care at GPT Industries signs the agreement with Mohamed Altaf, sale manager, Abdulla Fouad Energy Services. (Image source: Alain Charles Publishing)

Amin H. Nasser, CEO of Aramco. (Image source: Aramco)

The system can activate notification and hazard mitigation equipment to notify workers and safeguard facilities. (Image source: MSA Safety)

The use of blockchain in the oil and gas sector is set to increase substantially. (Image source: Adobe Stock)

The new discoveries will bolster Aramco’s strategy to increase gas production by more than half over 2021 levels, through 2030. (Image source: Adobe Stock)

Tethys Oil is currently conducting final preparations ahead of the rig mobilisation for the drilling of the first exploration well on Block 58, Kunooz-1 in Fahd.

The new technology is designed to address the challenging conditions in unconventional wells. (Image source: Adobe Stock)

Source: SafeStart

The Ampelmann A-type enabling safe offshore access in the Middle East. (Image source: Ampelmann)

Aramco has produced the first unconventional tight gas from its South Ghawar operational area ahead of schedule. (Image source: Adobe Stock)

Tethys Oil is currently conducting final preparations ahead of the rig mobilisation for the drilling of the first exploration well on Block 58, Kunooz-1 in Fahd.

TotalEnergies and SONATRACH will develop gas resources in Algeria's north-east Timimoun region, (Image source: Adobe Stock).

By using analytics to augment and empower the workforce, pipeline operators can optimise operations and improve asset availability. (Image source: Adobe Stock)

The oil price is hovering around the US$90/bbl mark. (Image source: Adobe Stock)

The Craig International Qatar team. (Image source: Craig International)

The SuperFill II diverter reduces induced surge pressure. (Image source: Halliburton)

Among other services, KBR will offer proprietary equipment for NCIC's 1,200 metric tonnes per day ammonia plant. (Image source: Adobe Stock)

The expansion is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd). (Image source: Aramco)

Comparison of conventional workflow with DUG MP-FWI imaging. (Image source: DUG)

ADNOC Gas recorded robust financial and operational results in 2023. (Image source: Adobe Stock)

Over 4,000 km of SoluForce pipe has been installed around the world. (Image source: SoluForce)

Block 56 is targeted for commercialisation in 2024. (Image source: Canva)

The programme will optimise asset lifecycle, enhance machinery performance and improve overall reliability. (Image source: Adobe Stock)

The use of blockchain in the oil and gas sector is set to increase substantially. (Image source: Adobe Stock)

Source: SafeStart

GAC Saudi Arabia has extensive operations at major ports in Saudi Arabia. (Image source: GAC Saudi Arabia)

The company is well positioned in 2024, with a reshaped and resilient business and a strong balance sheet. (Image source: Adobe Stock)

The vessel addresses the growing demand for accurate hydrographic data. (Image source: Fugro)

The virtual inhouse seismic processing centre will allow each of the decentralised business units of Wintershall Dea globally to collaborate efficiently and directly with DUG. (Image source: Adobe Stock)