The US$1.5bn engineering, procurement and construction (EPC) contract for expansion of Oman’s Sohar Refinery will be awarded within a few months, industry sources have announced
Industry
Qatar's condensate production hit 900,000 bpd in 2012
Qatar’s condensate production reached up to 900,000 bpd in 2012 due to the increased extraction of gas through various projects at the North Field, a Qatar National Bank (QNB) report has announced
Horizon Terminals to open Fujairah oil facility by end of May
Horizon Terminals Limited (HTL), a subsidiary of Emirates National Oil Company (ENOC), is set to commission a new oil terminal in Fujairah by end of this month
Qatar Petroleum invests in Total E&P Congo
Qatar Petroleum International (QPI) has signed an agreement to acquire a 15 per cent stake in Total E&P Congo
BP to invest US$2.85 billion in Iraq’s Rumaila oilfield
BP has said it will invest US$2.85bn in the development of Iraq’s Rumaila oilfield in 2013, up from US$2.2bn in 2012, a joint management committee for the field announced