Vallourec signs OCTG supply contract with Shell JV in Egypt

Vallourec signs OCTG supply contract with Shell JV in Egypt

Tuesday, 26 September 2017 06:37

Vallourec,...

Trescorp to launch oil storage and bunker services in Sohar

Trescorp to launch oil storage and bunker services in Sohar

Tuesday, 26 September 2017 06:04

Singapore-based Trescorp has announced that it will launch a new 45 ha terminal in Sohar port, worth...

BP starts production from Khazzan gas field in Oman

BP starts production from Khazzan gas field in Oman

Monday, 25 September 2017 06:51

The production has begun from the giant Khazzan gas field, which is operated by BP in partnership wi...

Mann Tek introduces LNG transfer solution for safer operation

Mann Tek introduces LNG transfer solution for safer operation

Monday, 25 September 2017 06:21

The Swedish coupling manufacturer and supplier MannTek has launched a liquefied natural gas small-sc...

Chevron selects Dassault Systèmes to accelerate new lubricant product development

Chevron selects Dassault Systèmes to accelerate new lubricant product development

Sunday, 24 September 2017 06:19

Worldwide Collaboration and Innovation Aimed Dassault Systèmes have announced that Chevron Products ...

Oil Review Middle East weekly digest - 24th - 28th September

Oil Review Middle East weekly digest - 24th - 28th September

Sunday, 24 September 2017 04:00

Here is a brief overview of the week’s news on Oil Review Middle East, from 24th - 28th September

Weatherford introduces V0-qualified retrievable barrier for high-Pressure, high-temperature wellbores 

Weatherford introduces V0-qualified retrievable barrier for high-Pressure, high-temperature wellbores 

Thursday, 21 September 2017 06:29

Weatherford International has launched ISO extreme retrievable well barrier, which is qualified to I...

DME auctions 21.6mn crude oil barrels

DME auctions 21.6mn crude oil barrels

Thursday, 21 September 2017 06:26

Dubai Mercantile Exchange (DME), the international energy futures and commodities exchange in the Mi...

Oil to average in the US$50s a barrel in 2018

Oil to average in the US$50s a barrel in 2018

Wednesday, 20 September 2017 06:44

The average price for Brent crude oil in 2018 will remain in the range of US$50s per barrel, accordi...

Synectics wins multiple surveillance contracts in the Middle East

Synectics wins multiple surveillance contracts in the Middle East

Wednesday, 20 September 2017 06:29

Surveillance solutions business Synectics has received multiple contracts for onshore and offshore o...

Sonatrach chief speaks for oil industry reforms in Algeria

Sonatrach chief speaks for oil industry reforms in Algeria

Tuesday, 19 September 2017 06:11

Abdelmoumen Ould Kaddour, CEO of Sonatrach, has stated that the country is required to upgrade its o...

Honeywell to host technology summit to support Kuwait 2030 oil and gas strategy

Honeywell to host technology summit to support Kuwait 2030 oil and gas strategy

Tuesday, 19 September 2017 06:06

Under the patronage of KNPC, Honeywell Technology Summit to bring together public and private sector...

KROHNE introduces new large line size coriolis mass flow meters for oil and gas industry

KROHNE introduces new large line size coriolis mass flow meters for oil and gas industry

Monday, 18 September 2017 06:56

The process measuring technology provider KROHNE has introduced new large line sizes for its OPTIMAS...

Sadara starts full commercial operations of its chemical complex in Jubail

Sadara starts full commercial operations of its chemical complex in Jubail

Monday, 18 September 2017 06:26

Saudi Arabia-based Sadara Chemical Company has announced the commercial start-up of its toluene di i...

Weatherford introduces AutoTong system for increased operational efficiency

Weatherford introduces AutoTong system for increased operational efficiency

Sunday, 17 September 2017 06:10

Weatherford International plc has introduced the AutoTong system, an automated pipe makeup and conne...

Oil Review Middle East weekly digest - 10th - 14th September

Oil Review Middle East weekly digest - 10th - 14th September

Sunday, 17 September 2017 04:00

Here is a brief overview of the week’s news on Oil Review Middle East, from 10th - 14th September 20...

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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