ENOC to build 45 new service stations in Saudi Arabia

ENOC to build 45 new service stations in Saudi Arabia

Tuesday, 11 December 2018 06:26

The UAE-ba...

Mubadala Petroleum acquires 20 per cent stake in Egypt’s Nour Concession

Mubadala Petroleum acquires 20 per cent stake in Egypt’s Nour Concession

Tuesday, 11 December 2018 06:04

Mubadala Petroleum has completed the acquisition from Italy’s Eni of a 20 per cent participating int...

ADNOC awards China ZhenHua four per cent interest in onshore concession

ADNOC awards China ZhenHua four per cent interest in onshore concession

Monday, 10 December 2018 06:57

The Abu Dhabi National Oil Company (ADNOC) announced that the four per cent stake in its onshore con...

ULO Systems awarded MAX Group nuclear project in Bangladesh

ULO Systems awarded MAX Group nuclear project in Bangladesh

Monday, 10 December 2018 06:09

The UAE division of ULO Systems, a wholly owned private company and a leading provider of services w...

The EIU launches a high-frequency measure of oil market tightness

The EIU launches a high-frequency measure of oil market tightness

Sunday, 09 December 2018 06:59

The global oil market tightened slightly in the week ending 23 November 2018, according to a new mea...

GIQ survey: Oman should prioritise energy transition policies

GIQ survey: Oman should prioritise energy transition policies

Sunday, 09 December 2018 06:17

Oman needs to prioritise strategies for reducing national demand for power rather than investing in ...

Saudi Arabia gets first service station

Saudi Arabia gets first service station

Sunday, 09 December 2018 04:37

ADNOC Distribution, the UAE’s leading fuel and convenience retailer, has announced the start of oper...

Bilfinger and RATE to drive sour gas monetisation in Middle East

Bilfinger and RATE to drive sour gas monetisation in Middle East

Thursday, 06 December 2018 06:57

Bilfinger, engineering and industrial solutions powerhouse, has signed an agreement with RATE, Calif...

Siemens and Aker Solutions collaborate to strengthen digitalisation

Siemens and Aker Solutions collaborate to strengthen digitalisation

Thursday, 06 December 2018 06:55

Siemens and Aker Solutions have signed a strategic collaboration agreement to further develop digita...

AllAssets to digitalise inspection and maintenance for oil and gas: Lloyd’s Register

AllAssets to digitalise inspection and maintenance for oil and gas: Lloyd’s Register

Thursday, 06 December 2018 06:45

Lloyd’s Register (LR), one of the leading global providers of engineering and technology-centric pro...

Industry still awash in rigs and bullishness needs tempering: IHS Markit

Industry still awash in rigs and bullishness needs tempering: IHS Markit

Thursday, 06 December 2018 06:22

Fuelled by increasing day rates and growing global demand growth for harsh environment (HE) semi-sub...

BHGE wins three-year contract with Saudi Aramco

BHGE wins three-year contract with Saudi Aramco

Wednesday, 05 December 2018 11:05

Baker Hughes, a GE company, said it has been awarded a major stimulation and well-testing contract b...

Qatar withdraws from OPEC

Qatar withdraws from OPEC

Tuesday, 04 December 2018 06:54

Qatar has announced to withdraw from OPEC on 1 January 2019, putting an end to its 57-year membershi...

ERGIL to supply 15 high-pressure surge vessels for Jordanian water sector

ERGIL to supply 15 high-pressure surge vessels for Jordanian water sector

Tuesday, 04 December 2018 06:37

ERGIL, global provider in design, engineering and manufacturing of oil, gas and water process equipm...

Moxa helps oil and gas customers to capitalise on the benefits of IIoT

Moxa helps oil and gas customers to capitalise on the benefits of IIoT

Tuesday, 04 December 2018 06:23

Taiwan-based industrial communications solutions provider Moxa is helping oil and gas customers to c...

Bapco automates its VAT in partnership with Innovate Tax Ltd

Bapco automates its VAT in partnership with Innovate Tax Ltd

Monday, 03 December 2018 06:15

Bapco, the national oil company of Bahrain, has appointed Innovate Tax as its preferred partner to p...

Bahrain cancels oil export terminal plans

Bahrain Petroleum and its partners have cancelled plans for a US$150mn, 625,000 cu/m crude oil trading terminal project due to it being economically unviable, according to sources quoted by MEED. Partners included Saudi Arabia's Arab Petroleum Investments Corp (Apicorp), Bahrain's Holding Co for Oil & Gas and Kuwait's Independent Petroleum Group (IPG).

In spite of the decision to scrap the storage and export scheme at Sitra Island, the kingdom is still pressing on with plans for a US$2 billion upgrade to the Sitra refinery.

 

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