Arabian Industry - Oil & Gas Guide to Middle East industry news and tenders. Includes Construction, Hospitality, Aviation, Technology, Oil, Gas, Travel, Supply Chain, Utilities, Comms, and Petrochemicals information as well as live market data. Gulf business events, information, photos and data for Saudi, UAE, Qatar, Kuwait, Bahrain and more. http://www.arabianindustry.com/oil-gas/?service=rss Sat, 23 Feb 2019 12:55:40 +0400 www.arabianindustry.com https://www.arabianindustry.com Arabian Industry - Oil & Gas http://www.arabianindustry.com/oil-gas/?service=rss 144 16 en ITP Digital Ltd. 2019 webmaster@www.arabianindustry.com (webmaster) Sat, 23 Feb 2019 12:55:40 +0400 20 Saudi oil minister confident in reaching Neutral Zone agreement with Kuwait in 2019 http://www.arabianindustry.com//oil-gas/news/2019/feb/21/saudi-oil-minister-confident-in-reaching-neutral-zone-agreement-with-kuwait-in-2019-6043102/ Khalid Al-Falih, Saudi Arabia's energy minister, is hopeful that an agreement can be reached with Kuwait to restart production in the Neutral Zone News | Oil & Gas Thu, 21 Feb 2019 01:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/21/saudi-oil-minister-confident-in-reaching-neutral-zone-agreement-with-kuwait-in-2019-6043102/ Global decommissioning to hit record $36bn in the next three years http://www.arabianindustry.com//oil-gas/news/2019/feb/21/global-decommissioning-to-hit-record-36bn-in-the-next-three-years-6043050/ Decommissioning obligations in the global oil and gas industry rose to $11.7bn last year and are projected to hold steady at an average of about $12bn per year from 2019 through 2021, according to Rystad Energy. News | Oil & Gas Thu, 21 Feb 2019 12:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/21/global-decommissioning-to-hit-record-36bn-in-the-next-three-years-6043050/ Rockwell Automation and Schlumberger enter $250mn joint venture agreement to create a new automation solutions provider http://www.arabianindustry.com//oil-gas/news/2019/feb/20/rockwell-automation-and-schlumberger-enter-250mn-joint-venture-agreement-to-create-a-new-automation-solutions-provider-6042413/ The joint venture entity, Sensia, will combine Rockwell Automation&rsquo;s integrated control and information solutions with Schlumberger&rsquo;s oil and gas expertise to help customers maximize the value of their investments. News | Oil & Gas Wed, 20 Feb 2019 02:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/20/rockwell-automation-and-schlumberger-enter-250mn-joint-venture-agreement-to-create-a-new-automation-solutions-provider-6042413/ Shell and Oman oil & gas ministry sign funding agreement for 2019 gas development http://www.arabianindustry.com//oil-gas/news/2019/feb/20/shell-and-oman-oil-gas-ministry-sign-funding-agreement-for-2019-gas-development-6042426/ The project aims to integrate the Shell and OOC share of the upstream project with the development of a gas-to-liquids plant currently under discussion News | Oil & Gas Wed, 20 Feb 2019 02:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/20/shell-and-oman-oil-gas-ministry-sign-funding-agreement-for-2019-gas-development-6042426/ ADNOC gets AA+ standalone credit rating by Fitch http://www.arabianindustry.com//oil-gas/news/2019/feb/19/adnoc-gets-aa-standalone-credit-rating-by-fitch-6041763/ ADNOC undertook this ratings exercise as part of its new approach to expand its partner and investor universe, as well as more actively manage its assets and capital. News | Oil & Gas Tue, 19 Feb 2019 11:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/19/adnoc-gets-aa-standalone-credit-rating-by-fitch-6041763/ ADES secures $150mn onshore drilling contracts in Saudi Arabia http://www.arabianindustry.com//oil-gas/news/2019/feb/19/ades-secures-150mn-onshore-drilling-contracts-in-saudi-arabia-6041542/ Operations are slated to begin in the second half of 2019 News | Oil & Gas Tue, 19 Feb 2019 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/19/ades-secures-150mn-onshore-drilling-contracts-in-saudi-arabia-6041542/ Saudi Aramco makes short-term output cuts, plans long-term global growth http://www.arabianindustry.com//oil-gas/news/2019/feb/18/saudi-aramco-makes-short-term-output-cuts-plans-long-term-global-growth-6040996/ Even as it reins in its production following the December 2018 OPEC+ decision to cut output, Saudi Arabia is looking to expand its exploration and production globally News | Oil & Gas Mon, 18 Feb 2019 10:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/18/saudi-aramco-makes-short-term-output-cuts-plans-long-term-global-growth-6040996/ Eni granted two exploration blocks onshore Egypt http://www.arabianindustry.com//oil-gas/news/2019/feb/16/eni-granted-two-exploration-blocks-onshore-egypt-6040203/ Existing infrastructure is expected to help speed up production if exploration is successful News | Oil & Gas Sat, 16 Feb 2019 12:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/16/eni-granted-two-exploration-blocks-onshore-egypt-6040203/ BP will reportedly invest $1.8bn in Egypt in 2019 http://www.arabianindustry.com//oil-gas/news/2019/feb/14/bp-will-reportedly-invest-18bn-in-egypt-in-2019-6039631/ BP CEO Bob Dudley noted that since 2017, BP has invested more in Egypt than any other country News | Oil & Gas Thu, 14 Feb 2019 09:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/14/bp-will-reportedly-invest-18bn-in-egypt-in-2019-6039631/ Basrah Gas Company to increase capacity by 40% by reducing gas flaring http://www.arabianindustry.com//oil-gas/news/2019/feb/12/basrah-gas-company-to-increase-capacity-by-40-by-reducing-gas-flaring-6038422/ The programme will capture flared gas from the three major oilfields Rumaila, West Qurna 1 and Zubair and convert it into dry gas for power generation and liquids for the domestic market and for exports. News | Oil & Gas Tue, 12 Feb 2019 12:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/12/basrah-gas-company-to-increase-capacity-by-40-by-reducing-gas-flaring-6038422/ OPEC Secretary-General Barkindo responds to US "NOPEC" antitrust bill http://www.arabianindustry.com//oil-gas/news/2019/feb/12/opec-secretary-general-barkindo-responds-to-us-nopec-antitrust-bill-6038435/ Barkindo told Reuters that "OPEC is neither a cartel nor involved in the business of fixing oil prices." News | Oil & Gas Tue, 12 Feb 2019 11:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/12/opec-secretary-general-barkindo-responds-to-us-nopec-antitrust-bill-6038435/ Indian PM Narendra Modi gives ADNOC CEO the "International Lifetime Achievement Award" at Petrotech 2019 http://www.arabianindustry.com//oil-gas/news/2019/feb/11/indian-pm-narendra-modi-gives-adnoc-ceo-the-international-lifetime-achievement-award-at-petrotech-2019-6037954/ ADNOC Group CEO Dr. Sultan Ahmed Al Jaber received the award due to his 'contribution to global and regional energy security, building bridges to the emerging economies of Asia and reshaping traditional business models to adapt to a fast-evolving energy landscape' News | Oil & Gas Mon, 11 Feb 2019 04:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/11/indian-pm-narendra-modi-gives-adnoc-ceo-the-international-lifetime-achievement-award-at-petrotech-2019-6037954/ Positive outlook for offshore upstream supply chain: Wood Mackenzie http://www.arabianindustry.com//oil-gas/news/2019/feb/7/positive-outlook-for-offshore-upstream-supply-chain-wood-mackenzie-6036446/ The consultancy noted that challenges remain as the deepwater sector recovers from the downturn News | Oil & Gas Thu, 07 Feb 2019 10:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/7/positive-outlook-for-offshore-upstream-supply-chain-wood-mackenzie-6036446/ Proserv sells precision engineering company KRG Industries to GIL Investments http://www.arabianindustry.com//oil-gas/news/2019/feb/7/proserv-sells-precision-engineering-company-krg-industries-to-gil-investments-6036355/ The company says this will allow it to focus on its core controls technology News | Oil & Gas Thu, 07 Feb 2019 10:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/7/proserv-sells-precision-engineering-company-krg-industries-to-gil-investments-6036355/ ADNOC awards $1.36bn Ghasha construction contract to UAE’s National Marine Dredging Company http://www.arabianindustry.com//oil-gas/news/2019/feb/6/adnoc-awards-136bn-ghasha-construction-contract-to-uaes-national-marine-dredging-company-6035861/ The Abu Dhabi National Oil Company (ADNOC) awarded a dredging, land reclamation and marine construction contract to build multiple artificial islands in the first phase of development of the Ghasha Concession News | Oil & Gas Wed, 06 Feb 2019 12:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/6/adnoc-awards-136bn-ghasha-construction-contract-to-uaes-national-marine-dredging-company-6035861/ Eni eyeing new opportunities in Iraq http://www.arabianindustry.com//oil-gas/news/2019/feb/5/eni-eyeing-new-opportunities-in-iraq-6035055/ The deputy prime minister of energy affairs for Iraq, Thamir A. Al Ghadhban, and the Chief Executive Officer of Eni, Claudio Descalzi met in Baghdad this week News | Oil & Gas Tue, 05 Feb 2019 10:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/5/eni-eyeing-new-opportunities-in-iraq-6035055/ Saudi Aramco and Bahrain to jointly study carbon capture and oil output boosts http://www.arabianindustry.com//oil-gas/news/2019/feb/5/saudi-aramco-and-bahrain-to-jointly-study-carbon-capture-and-oil-output-boosts-6035016/ Bahrain's oil minister, Shaikh Mohammed bin Khalifa Al-Khalifa, met with Saudi Aramco's chief technology officer (CTO) to discuss potential partnerships News | Oil & Gas Tue, 05 Feb 2019 08:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/5/saudi-aramco-and-bahrain-to-jointly-study-carbon-capture-and-oil-output-boosts-6035016/ ADNOC awards first onshore exploration concession to Occidental http://www.arabianindustry.com//oil-gas/news/2019/feb/2/adnoc-awards-first-onshore-exploration-concession-to-occidental-6033651/ USA&rsquo;s Occidental will receive 35-year concession and invest $244 mn during the exploration phase of Onshore Block 3 News | Oil & Gas Sat, 02 Feb 2019 11:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/2/adnoc-awards-first-onshore-exploration-concession-to-occidental-6033651/ Iraq to drill 40 new wells in Majnoon field: Oil ministry http://www.arabianindustry.com//oil-gas/news/2019/feb/1/iraq-to-drill-40-new-wells-in-majnoon-field-oil-ministry-6033586/ This is expected to boost production at the giant field to 450,000 barrels per day (bpd) by 2021, up from current output of 240,000 bpd. News | Oil & Gas Fri, 01 Feb 2019 02:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/1/iraq-to-drill-40-new-wells-in-majnoon-field-oil-ministry-6033586/ Petrofac launches 2019 global graduate programme http://www.arabianindustry.com//oil-gas/news/2019/jan/30/petrofac-launches-2019-global-graduate-programme-6032819/ The global graduate programme focuses on training and coaching Emirati graduates, some of whom will be offered full time roles at the company News | Oil & Gas Wed, 30 Jan 2019 11:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/30/petrofac-launches-2019-global-graduate-programme-6032819/ Senior oil and gas professionals confident about regional industry growth in 2019 http://www.arabianindustry.com//oil-gas/news/2019/jan/30/senior-oil-and-gas-professionals-confident-about-regional-industry-growth-in-2019-6032806/ 83% of MENA senior oil and gas professionals predict their companies will either increase or maintain capital expenditure in 2019, the highest such percentage globally News | Oil & Gas Wed, 30 Jan 2019 11:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/30/senior-oil-and-gas-professionals-confident-about-regional-industry-growth-in-2019-6032806/ EnerQuip inks $850,000 Middle East contract http://www.arabianindustry.com//oil-gas/news/2019/jan/29/enerquip-inks-850000-middle-east-contract-6032442/ The deal will see an oilfield services company supply a set of self-sufficient, containerised workshops for Kuwait News | Oil & Gas Tue, 29 Jan 2019 04:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/29/enerquip-inks-850000-middle-east-contract-6032442/ Saudi Aramco close to finalising Sabic deal, could stagger payments http://www.arabianindustry.com//oil-gas/news/2019/jan/29/saudi-aramco-close-to-finalising-sabic-deal-could-stagger-payments-6032299/ Saudi Energy Minister Khalid Al-Falih reportedly said that Aramco could "pay for a lot of it with self-generated cash" News | Oil & Gas Tue, 29 Jan 2019 01:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/29/saudi-aramco-close-to-finalising-sabic-deal-could-stagger-payments-6032299/ Total makes 250mn boe discovery in North Sea http://www.arabianindustry.com//oil-gas/news/2019/jan/29/total-makes-250mn-boe-discovery-in-north-sea-6032260/ This follows the Glendronach discovery made in September 2018 News | Oil & Gas Tue, 29 Jan 2019 11:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/29/total-makes-250mn-boe-discovery-in-north-sea-6032260/ KSA's $427bn industrial development plan to be launched today http://www.arabianindustry.com//oil-gas/news/2019/jan/28/ksas-427bn-industrial-development-plan-to-be-launched-today-6031753/ The energy industry is one of four key segments that will attract investments aiming to push private sector engagement in the economy News | Oil & Gas Mon, 28 Jan 2019 11:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/28/ksas-427bn-industrial-development-plan-to-be-launched-today-6031753/ US oil production will outpace Russia and KSA combined by 2025: Rystad Energy http://www.arabianindustry.com//oil-gas/news/2019/jan/27/us-oil-production-will-outpace-russia-and-ksa-combined-by-2025-rystad-energy-6031181/ US liquids production is forecast to surpass 24mn barrels per day over the next six years, thereby outpacing the combined output from Russia and Saudi Arabia. News | Oil & Gas Sun, 27 Jan 2019 10:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/27/us-oil-production-will-outpace-russia-and-ksa-combined-by-2025-rystad-energy-6031181/ Using cloud computing in automation http://www.arabianindustry.com//oil-gas/news/2019/jan/24/using-cloud-computing-in-automation-6030804/ Benefit from a huge range of advantages News | Oil & Gas Thu, 24 Jan 2019 04:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/24/using-cloud-computing-in-automation-6030804/ SNOC CEO says company plans to open other exploration bid rounds http://www.arabianindustry.com//oil-gas/news/2019/jan/23/snoc-ceo-says-company-plans-to-open-other-exploration-bid-rounds-6029959/ Sharjah National Oil Corporation CEO Hatem Al Mosa talks about the firm&rsquo;s first international exploration licensing round, what it is doing differently and its plans for the future News | Oil & Gas Wed, 23 Jan 2019 10:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/23/snoc-ceo-says-company-plans-to-open-other-exploration-bid-rounds-6029959/ Saudi Aramco reportedly considering multi-billion dollar US gas acquisitions http://www.arabianindustry.com//oil-gas/news/2019/jan/23/saudi-aramco-reportedly-considering-multi-billion-dollar-us-gas-acquisitions-6029803/ Saudi Aramco CEO Amin Nasser told Reuters the company was willing to spend "billions of dollars" to acquire natural gas assets in the US News | Oil & Gas Wed, 23 Jan 2019 09:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/23/saudi-aramco-reportedly-considering-multi-billion-dollar-us-gas-acquisitions-6029803/ ADNOC is the Middle East's most valuable brand: Brand Finance http://www.arabianindustry.com//oil-gas/news/2019/jan/22/adnoc-is-the-middle-easts-most-valuable-brand-brand-finance-6029478/ From the UAE, Emirates and Etisalat also made the list, which was led by Amazon News | Oil & Gas Tue, 22 Jan 2019 02:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/22/adnoc-is-the-middle-easts-most-valuable-brand-brand-finance-6029478/ Dr Leila Benali appointed chief economist at APICORP http://www.arabianindustry.com//oil-gas/news/2019/jan/22/dr-leila-benali-appointed-chief-economist-at-apicorp-6029465/ The engineer-turned-economist and Saudi Aramco alumna will lead APICORP's Energy Economics and Sustainability Department News | Oil & Gas Tue, 22 Jan 2019 02:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/22/dr-leila-benali-appointed-chief-economist-at-apicorp-6029465/ OPEC oil production dropped by 751,000 bpd in December 2018 http://www.arabianindustry.com//oil-gas/news/2019/jan/21/opec-oil-production-dropped-by-751000-bpd-in-december-2018-6028594/ Non-OPEC supply increased by 40,000 bpd in December 2018, mostly led by the Americas News | Oil & Gas Mon, 21 Jan 2019 09:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/21/opec-oil-production-dropped-by-751000-bpd-in-december-2018-6028594/ Global gas production hit highest growth in a decade in 2018 http://www.arabianindustry.com//oil-gas/news/2019/jan/20/global-gas-production-hit-highest-growth-in-a-decade-in-2018-6027879/ North America drove growth, followed by the Middle East News | Oil & Gas Sun, 20 Jan 2019 09:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/20/global-gas-production-hit-highest-growth-in-a-decade-in-2018-6027879/ Eni will start drilling for oil in Bahrain in 2019: Bahrain oil minister http://www.arabianindustry.com//oil-gas/news/2019/jan/16/eni-will-start-drilling-for-oil-in-bahrain-in-2019-bahrain-oil-minister-6026774/ Mohammed bin Khalifa Al Khalifa, Bahrain's oil minister, said that the first exploratory well will be drilled this year News | Oil & Gas Wed, 16 Jan 2019 11:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/16/eni-will-start-drilling-for-oil-in-bahrain-in-2019-bahrain-oil-minister-6026774/ Saudi Aramco awards Zuluf and Berri EPC contracts to L&T consortium http://www.arabianindustry.com//oil-gas/news/2019/jan/16/saudi-aramco-awards-zuluf-and-berri-epc-contracts-to-lt-consortium-6026761/ The consortium will perform the engineering, procurement, construction and installation of subsea pipelines and three oil production deck manifolds for Aramco's Berri and Zuluf fields News | Oil & Gas Wed, 16 Jan 2019 11:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/16/saudi-aramco-awards-zuluf-and-berri-epc-contracts-to-lt-consortium-6026761/ Eni signs exploration and production sharing agreement for Oman's onshore Block 47 http://www.arabianindustry.com//oil-gas/news/2019/jan/14/eni-signs-exploration-and-production-sharing-agreement-for-omans-onshore-block-47-6025669/ Eni is heavily expanding its Middle East presence with several exploration deals News | Oil & Gas Mon, 14 Jan 2019 01:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/14/eni-signs-exploration-and-production-sharing-agreement-for-omans-onshore-block-47-6025669/ Eni awarded three of Sharjah's onshore exploration concession areas http://www.arabianindustry.com//oil-gas/news/2019/jan/13/eni-awarded-three-of-sharjahs-onshore-exploration-concession-areas-6025162/ The UAE emirate Sharjah launched its first international competitive exploration licensing round in 2018 to explore and develop new hydrocarbon resources News | Oil & Gas Sun, 13 Jan 2019 01:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/13/eni-awarded-three-of-sharjahs-onshore-exploration-concession-areas-6025162/ Eni, PTTEP wins ADNOC’s first-ever competitive open block licensing round; awarded two offshore exploration blocks http://www.arabianindustry.com//petrochemicals/news/2019/jan/13/eni-pttep-wins-adnocs-first-ever-competitive-open-block-licensing-round-awarded-two-offshore-exploration-blocks-6024850/ The two blocks in the northwest of Abu Dhabi are the first blocks to be awarded among the geographical areas that were offered for commercial bidding by ADNOC, in April 2018, as part of Abu Dhabi&rsquo;s first competitive open block licensing strategy News | Oil & Gas Sun, 13 Jan 2019 09:00:05 +0400 http://www.arabianindustry.com//petrochemicals/news/2019/jan/13/eni-pttep-wins-adnocs-first-ever-competitive-open-block-licensing-round-awarded-two-offshore-exploration-blocks-6024850/ ADNOC pursues tech-focused, digital-first mindset http://www.arabianindustry.com//petrochemicals/news/2019/jan/13/abu-dhabi-fund-for-development-allocates-us10mn-for-solar-pv-project-in-mauritius-6024941/ ADNOC is continuing to optimise its resources and engage with strategic partners, who bring new technology and open up growth markets, says official News | Oil & Gas Sun, 13 Jan 2019 09:00:00 +0400 http://www.arabianindustry.com//petrochemicals/news/2019/jan/13/abu-dhabi-fund-for-development-allocates-us10mn-for-solar-pv-project-in-mauritius-6024941/ $835bn in active oil and gas projects across GCC: ProTenders http://www.arabianindustry.com//oil-gas/news/2019/jan/9/835bn-in-active-oil-and-gas-projects-across-gcc-protenders-6023849/ Oil and gas accounted for 27% of main contract awards across the GCC in Q4 2018 and Q1 2019 News | Oil & Gas Wed, 09 Jan 2019 02:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/9/835bn-in-active-oil-and-gas-projects-across-gcc-protenders-6023849/ Risk management software company Sphera acquires Petrotechnics http://www.arabianindustry.com//oil-gas/news/2019/jan/9/risk-management-software-company-sphera-acquires-petrotechnics-6023589/ Sphera says the acquisition will expand its base of operational risk solutions through applications digitising and visualising risks at the operational level with real-time data News | Oil & Gas Wed, 09 Jan 2019 11:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/9/risk-management-software-company-sphera-acquires-petrotechnics-6023589/ Oman Gas leverages digital DNA to increase reliability performance by 9% with AssetWise Asset Reliability http://www.arabianindustry.com//technology/news/2019/jan/9/oman-gas-leverages-digital-dna-to-increase-reliability-performance-by-9-with-assetwise-asset-reliability-6023446/ The organisation has digitized its reliability and maintenance program by implementing Bentley&rsquo;s AssetWise Asset Reliability solution News | Oil & Gas Wed, 09 Jan 2019 09:00:00 +0400 http://www.arabianindustry.com//technology/news/2019/jan/9/oman-gas-leverages-digital-dna-to-increase-reliability-performance-by-9-with-assetwise-asset-reliability-6023446/ Deep Casing Tools expands Middle East presence with $1.5mn contract, new appointments http://www.arabianindustry.com//oil-gas/news/2019/jan/8/deep-casing-tools-expands-middle-east-presence-with-15mn-contract-with-regional-noc-new-appointments-6023290/ Following the appointment of Deep Casing Tools' Saudi-based regional manager, the company has made moves to expand its presence in the Middle East News | Oil & Gas Tue, 08 Jan 2019 05:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/8/deep-casing-tools-expands-middle-east-presence-with-15mn-contract-with-regional-noc-new-appointments-6023290/ PSG releases S1 safety harness in new series for fall protection http://www.arabianindustry.com//oil-gas/news/2019/jan/8/psg-releases-s1-safety-harness-in-new-series-for-fall-protection-6023147/ The S3 and S5 harnesses are in the same series and will launch in the first quarter of 2019 News | Oil & Gas Tue, 08 Jan 2019 04:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/8/psg-releases-s1-safety-harness-in-new-series-for-fall-protection-6023147/ Oil prices to reach $60 to $70 per barrel by mid-year: APICORP http://www.arabianindustry.com//oil-gas/news/2019/jan/8/oil-prices-to-reach-60-to-70-per-barrel-by-mid-year-apicorp-6021327/ APICORP says cuts by OPEC+ might not be enough to stabilise oil prices News | Oil & Gas Tue, 08 Jan 2019 11:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/8/oil-prices-to-reach-60-to-70-per-barrel-by-mid-year-apicorp-6021327/ Atlantic Council global energy event in Abu Dhabi to look at market challenges from geopolitical, technological change http://www.arabianindustry.com//utilities/news/2019/jan/8/atlantic-council-global-energy-event-in-abu-dhabi-to-look-at-market-challenges-from-geopolitical-technological-change-6021132/ The 2019 Forum will focus on four key themes: the future of oil, the digitization of energy, diversification within energy companies and countries, and will have a regional focus on East and Southeast Asia energy demand and energy innovation News | Oil & Gas Tue, 08 Jan 2019 09:00:00 +0400 http://www.arabianindustry.com//utilities/news/2019/jan/8/atlantic-council-global-energy-event-in-abu-dhabi-to-look-at-market-challenges-from-geopolitical-technological-change-6021132/ Saudi Arabia reportedly cut output by more than 400,000 bpd in December 2018 http://www.arabianindustry.com//oil-gas/news/2019/jan/7/saudi-arabia-reportedly-cut-output-by-more-than-400000-bpd-in-december-2018-6020794/ The OPEC nation cut production ahead of the start of agreed upon production cuts which were slated for January 2019 News | Oil & Gas Mon, 07 Jan 2019 09:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/7/saudi-arabia-reportedly-cut-output-by-more-than-400000-bpd-in-december-2018-6020794/ PDO and Oman LNG partner to fund employment training programmes for locals http://www.arabianindustry.com//oil-gas/news/2019/jan/6/pdo-and-oman-lng-partner-to-fund-employment-training-programmes-for-locals-6020313/ The pair signed two MoUs to boost in country value initiatives in the oil and gas sector as well as other sectors News | Oil & Gas Sun, 06 Jan 2019 04:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/6/pdo-and-oman-lng-partner-to-fund-employment-training-programmes-for-locals-6020313/ DNO relinquishes operatorship of Oman Block 8 http://www.arabianindustry.com//oil-gas/news/2019/jan/6/dno-relinquishes-operatorship-of-oman-block-8-6019845/ Oman's Ministry of Oil and Gas and state-owned Oman Oil Company Exploration and Production took operatorship from DNO after its license expired News | Oil & Gas Sun, 06 Jan 2019 08:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/6/dno-relinquishes-operatorship-of-oman-block-8-6019845/ Iraq oil exports reportedly rose 9.5% in December http://www.arabianindustry.com//oil-gas/news/2019/jan/3/iraq-oil-exports-reportedly-rose-95-in-december-6019520/ Reuters reports that Iraq's oil exports averaged 3.726mn barrels per day (bpd) in December, up from 3.372mn bpd in November News | Oil & Gas Thu, 03 Jan 2019 12:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/3/iraq-oil-exports-reportedly-rose-95-in-december-6019520/ 2018: The year the oil industry saw its first annual price decrease since 2015 http://www.arabianindustry.com//oil-gas/news/2019/jan/2/oil-industry-sees-first-annual-price-decrease-since-2015-in-2018-6019013/ The price of Brent crude dropped by almost 20%, from $67 per barrel to $53 per barrel News | Oil & Gas Wed, 02 Jan 2019 11:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/2/oil-industry-sees-first-annual-price-decrease-since-2015-in-2018-6019013/ Weir Oil and Gas Dubai signs multi-year JV contract with Iraq worth over $5mn http://www.arabianindustry.com//oil-gas/news/2019/jan/2/weir-oil-and-gas-dubai-signs-multi-year-jv-contract-with-iraq-worth-over-5mn-6018844/ <p>The contract secures the provision of rotating equipment overhaul services to support the client's operations</p> News | Oil & Gas Wed, 02 Jan 2019 10:29:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/2/weir-oil-and-gas-dubai-signs-multi-year-jv-contract-with-iraq-worth-over-5mn-6018844/ ADNOC Distribution launches ‘Premium Vehicle Inspection’ service http://www.arabianindustry.com//oil-gas/news/2019/jan/2/adnoc-distribution-launches-premium-vehicle-inspection-service-6018753/ <p>ADNOC Distribution recently launched a 'Premium Vehicle Inspection' service at the Abu Dhabi Muroor Vehicle Inspection Center</p> News | Oil & Gas Wed, 02 Jan 2019 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/2/adnoc-distribution-launches-premium-vehicle-inspection-service-6018753/ Saudi Aramco and the push towards downstream dominance http://www.arabianindustry.com//oil-gas/news/2019/jan/2/saudi-aramco-and-the-push-towards-downstream-dominance-6018935/ Saudi Aramco has recently made several key moves to develop its downstream portfolio News | Oil & Gas Wed, 02 Jan 2019 09:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/2/saudi-aramco-and-the-push-towards-downstream-dominance-6018935/ Iraq’s policies to support oil and gas development appear stalled, says GlobalData http://www.arabianindustry.com//oil-gas/news/2018/dec/27/iraqs-policies-to-support-oil-and-gas-development-appear-stalled-says-globaldata-6017778/ Iraq's oil production is growing, but existing contracts are not reaching their full potential News | Oil & Gas Thu, 27 Dec 2018 10:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/27/iraqs-policies-to-support-oil-and-gas-development-appear-stalled-says-globaldata-6017778/ IEA: US oil production will equal Saudi Arabia and Russia's combined output by 2025 http://www.arabianindustry.com//oil-gas/news/2018/dec/26/iea-us-oil-production-will-equal-saudi-arabia-and-russias-combined-output-by-2025-6017544/ IEA Head Fatih Birol said that US production would "completely change the balance of oil markets" News | Oil & Gas Wed, 26 Dec 2018 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/26/iea-us-oil-production-will-equal-saudi-arabia-and-russias-combined-output-by-2025-6017544/ $210bn to be spent on offshore oilfield services in 2019 http://www.arabianindustry.com//oil-gas/news/2018/dec/25/210bn-to-be-spent-on-offshore-oilfield-services-in-2019-6017466/ Rystad Energy found that there will be an uptick in offshore projects in the coming year, with increasing offshore capex. Approximately 30% of 2019 project value sits in Middle East. News | Oil & Gas Tue, 25 Dec 2018 09:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/25/210bn-to-be-spent-on-offshore-oilfield-services-in-2019-6017466/ MENA companies will spend $1.9bn on cybersecurity in 2019 http://www.arabianindustry.com//oil-gas/news/2018/dec/24/mena-companies-will-spend-19bn-on-cybersecurity-in-2019-6017232/ Attivo Networks shares its predictions for MENA cybersecurity in 2019 News | Oil & Gas Mon, 24 Dec 2018 10:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/24/mena-companies-will-spend-19bn-on-cybersecurity-in-2019-6017232/ Two Saudi Aramco engineers are the KSA's first certified female firefighters http://www.arabianindustry.com//oil-gas/news/2018/dec/23/two-saudi-aramco-engineers-are-the-ksas-first-certified-female-firefighters-6016920/ The pair trained among others to became Saudi Aramco firefighters News | Oil & Gas Sun, 23 Dec 2018 10:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/23/two-saudi-aramco-engineers-are-the-ksas-first-certified-female-firefighters-6016920/ ADNOC awards Austria’s OMV 5% stake in Ghasha Offshore Ultra-Sour Gas Concession http://www.arabianindustry.com//oil-gas/news/2018/dec/20/adnoc-awards-austrias-omv-5-stake-in-ghasha-offshore-ultra-sour-gas-concession-6016374/ OMV joins Italy&rsquo;s Eni and Germany&rsquo;s Wintershall as ADNOC&rsquo;s partners in project expected to produce over 1.5 bn cubic feet of gas per day News | Oil & Gas Thu, 20 Dec 2018 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/20/adnoc-awards-austrias-omv-5-stake-in-ghasha-offshore-ultra-sour-gas-concession-6016374/ KSA announces largest annual budget in Kingdom's history http://www.arabianindustry.com//oil-gas/news/2018/dec/19/ksa-announces-largest-annual-budget-in-kingdoms-history-6015815/ Financial reforms in the past two years may be beginning to bear fruit, with growing oil revenue and non-oil revenue News | Oil & Gas Wed, 19 Dec 2018 11:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/19/ksa-announces-largest-annual-budget-in-kingdoms-history-6015815/ Petrofac wins $115mn Qarn Alam contract from PDO http://www.arabianindustry.com//oil-gas/news/2018/dec/19/petrofac-wins-115mn-qarn-alam-contract-from-pdo-6015828/ This is the latest in a series of awards for Petrofac in Oman and the second to be secured under a 10-year framework agreement with Petroleum Development Oman News | Oil & Gas Wed, 19 Dec 2018 11:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/19/petrofac-wins-115mn-qarn-alam-contract-from-pdo-6015828/ Oman oil minister inks $65mn exploration deals with Occidental Oman and Oman Oil Company http://www.arabianindustry.com//oil-gas/news/2018/dec/17/oman-oil-minister-inks-65mn-exploration-deals-with-occidental-oman-and-oman-oil-company-6014801/ Occidental Petroleum has obtained exploration rights in concession areas 51 and 65 News | Oil & Gas Mon, 17 Dec 2018 09:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/17/oman-oil-minister-inks-65mn-exploration-deals-with-occidental-oman-and-oman-oil-company-6014801/ Ghalia Group to become patron of UAE T10 cricket league http://www.arabianindustry.com//oil-gas/news/2018/dec/16/ghalia-group-to-become-patron-of-uae-t10-cricket-league-6014593/ The business conglomerate, which has $2bn in annual turnover and interests in oil and gas, aims to reposition the world's first ten-over format cricket league. News | Oil & Gas Sun, 16 Dec 2018 01:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/16/ghalia-group-to-become-patron-of-uae-t10-cricket-league-6014593/ Saudi Aramco and Raytheon sign MOU to establish cybersecurity joint venture http://www.arabianindustry.com//oil-gas/news/2018/dec/16/saudi-aramco-and-raytheon-sign-mou-to-establish-cybersecurity-joint-venture-6014450/ The joint venture company will market and provide integrated defensive cybersecurity software and hardware capabilities, and perform research and development activities. News | Oil & Gas Sun, 16 Dec 2018 10:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/16/saudi-aramco-and-raytheon-sign-mou-to-establish-cybersecurity-joint-venture-6014450/ Dana Gas hits production landmark of 70,000 boed http://www.arabianindustry.com//oil-gas/news/2018/dec/13/dana-gas-hits-production-landmark-of-70000-boed-6013813/ This comes as a result of a debottlenecking project in Kurdistan News | Oil & Gas Thu, 13 Dec 2018 10:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/13/dana-gas-hits-production-landmark-of-70000-boed-6013813/ BHGE to open oilfield services facility in King Salman Energy Park http://www.arabianindustry.com//oil-gas/news/2018/dec/12/bhge-to-open-oilfield-services-facility-in-king-salman-energy-park-6013397/ The first phase of the facility will open at the end of 2019 News | Oil & Gas Wed, 12 Dec 2018 11:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/12/bhge-to-open-oilfield-services-facility-in-king-salman-energy-park-6013397/ King Salman Energy Park will create 100,000 jobs and contribute $6bn to economy http://www.arabianindustry.com//oil-gas/news/2018/dec/12/king-salman-energy-park-will-create-100000-jobs-and-contribute-6bn-to-economy-6013306/ It has already attracted investments from local and international companies News | Oil & Gas Wed, 12 Dec 2018 10:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/12/king-salman-energy-park-will-create-100000-jobs-and-contribute-6bn-to-economy-6013306/ No data stolen after Saudi, UAE servers of Saipem hacked http://www.arabianindustry.com//oil-gas/news/2018/dec/12/no-data-stolen-after-saudi-uae-servers-of-saipem-hacked-6013189/ Saudi Aramco and Duqm Refinery contractor Saipem was hit with a cyberattack on 10 December News | Oil & Gas Wed, 12 Dec 2018 10:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/12/no-data-stolen-after-saudi-uae-servers-of-saipem-hacked-6013189/ Analysts: OPEC production cuts "unlikely to spark major turnaround in prices" http://www.arabianindustry.com//oil-gas/news/2018/dec/11/analysts-opec-production-cuts-unlikely-to-spark-major-turnaround-in-prices-6012682/ OPEC and its allies will cut production in 2019 by 1.2mn barrels per day News | Oil & Gas Tue, 11 Dec 2018 11:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/11/analysts-opec-production-cuts-unlikely-to-spark-major-turnaround-in-prices-6012682/ UAE energy minister announces ADNOC's January crude oil allocation reductions http://www.arabianindustry.com//oil-gas/news/2018/dec/11/uae-energy-minister-announces-adnocs-january-crude-oil-allocation-reductions-6012695/ Suhail Mohamed AlMazrouei tweeted out the reductions on Monday, with a positive outlook for 2019 News | Oil & Gas Tue, 11 Dec 2018 11:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/11/uae-energy-minister-announces-adnocs-january-crude-oil-allocation-reductions-6012695/ Mubadala Petroleum and BP to join Eni as partners in Nour concession in Egypt http://www.arabianindustry.com//oil-gas/news/2018/dec/9/mubadala-petroleum-and-bp-to-join-eni-as-partners-in-nour-concession-in-egypt-6011798/ Egyptian Government approved the sale of a 20% interest to Mubadala Petroleum and a 25% interest to BP out of Eni&rsquo;s share in the Nour North Sinai Offshore exploratory concession News | Oil & Gas Sun, 09 Dec 2018 04:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/9/mubadala-petroleum-and-bp-to-join-eni-as-partners-in-nour-concession-in-egypt-6011798/ ADNOC awards China ZhenHua Oil a 4% interest in its onshore concession http://www.arabianindustry.com//oil-gas/news/2018/dec/9/adnoc-awards-china-zhenhua-oil-a-4-interest-in-its-onshore-concession-6011746/ China ZhenHua Oil acquires share previously held by CEFC China News | Oil & Gas Sun, 09 Dec 2018 02:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/9/adnoc-awards-china-zhenhua-oil-a-4-interest-in-its-onshore-concession-6011746/ ADNOC announces blockchain platform for its full value chain http://www.arabianindustry.com//oil-gas/news/2018/dec/9/adnoc-announces-blockchain-platform-for-its-full-value-chain-6011512/ The platform is expected to provide a faster and more reliable system to replace lengthy manual processes News | Oil & Gas Sun, 09 Dec 2018 10:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/9/adnoc-announces-blockchain-platform-for-its-full-value-chain-6011512/ Russia key to OPEC 2019 production cut decision http://www.arabianindustry.com//oil-gas/news/2018/dec/6/russia-key-to-opec-2019-production-cut-decision-6010927/ Cut will be between 1mn and 1.3mn bpd, depending on Russia's contribution News | Oil & Gas Thu, 06 Dec 2018 03:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/6/russia-key-to-opec-2019-production-cut-decision-6010927/ Weatherford completes $92.5mn sale of Saudi Arabia land drilling rigs http://www.arabianindustry.com//oil-gas/news/2018/dec/6/weatherford-completes-925mn-sale-of-saudi-arabia-land-drilling-rigs-6010680/ The sale is part of a larger, $287.5mn sell-off of land drilling rig operations in Algeria, Kuwait, Saudi Arabia and Iraq News | Oil & Gas Thu, 06 Dec 2018 11:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/6/weatherford-completes-925mn-sale-of-saudi-arabia-land-drilling-rigs-6010680/ Trump urges OPEC not to cut production ahead of Vienna talks http://www.arabianindustry.com//oil-gas/news/2018/dec/6/trump-urges-opec-not-to-cut-production-ahead-of-vienna-talks-6010628/ Trump has repeatedly tweeted OPEC, and Saudi Arabia, not to cut production in a bid to keep oil prices low News | Oil & Gas Thu, 06 Dec 2018 09:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/6/trump-urges-opec-not-to-cut-production-ahead-of-vienna-talks-6010628/ Oil price climbs almost 5% after Saudi-Russia agreement http://www.arabianindustry.com//oil-gas/news/2018/dec/4/oil-price-climbs-almost-5-after-saudi-russia-agreement-us-china-truce-6009770/ The price of Brent crude started recovering from a sharp drop in November, jumping 4.7% in the past week News | Oil & Gas Tue, 04 Dec 2018 10:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/4/oil-price-climbs-almost-5-after-saudi-russia-agreement-us-china-truce-6009770/ Blockchain oil trading platform Vakt starts operating http://www.arabianindustry.com//oil-gas/news/2018/dec/2/blockchain-oil-trading-platform-vakt-starts-operating-6009380/ It was created by a consortium of founders including oil majors Shell and BP News | Oil & Gas Sun, 02 Dec 2018 06:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/dec/2/blockchain-oil-trading-platform-vakt-starts-operating-6009380/ Honeywell study: USBs pose a significant threat to industrial facilities http://www.arabianindustry.com//oil-gas/news/2018/nov/30/honeywell-study-usbs-pose-a-significant-threat-to-industrial-facilities-6008834/ Of 50 industrial locations studied, nearly half faced threats from removable USB media devices News | Oil & Gas Fri, 30 Nov 2018 12:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/30/honeywell-study-usbs-pose-a-significant-threat-to-industrial-facilities-6008834/ PEFTEC 2019 moves to Rotterdam http://www.arabianindustry.com//oil-gas/news/2018/nov/29/peftec-2019-moves-to-rotterdam-6008236/ PEFTEC 2019, the 3rd International Conference and Exhibition on Petroleum, Refining and Environmental Technologies, will take place on 22nd &amp; 23rd May at the Rotterdam Ahoy exhibition centre in the Netherlands News | Oil & Gas Thu, 29 Nov 2018 10:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/29/peftec-2019-moves-to-rotterdam-6008236/ Boskalis gets EPC contract for Saudi Aramco offshore expansions http://www.arabianindustry.com//oil-gas/news/2018/nov/29/boskalis-gets-epc-contract-for-saudi-aramco-offshore-expansions-6008249/ This is part of Saudi Aramco's Long Term Agreement for Offshore Facilities (LTA) program News | Oil & Gas Thu, 29 Nov 2018 10:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/29/boskalis-gets-epc-contract-for-saudi-aramco-offshore-expansions-6008249/ ADNOC to expand capture and storage of carbon dioxide http://www.arabianindustry.com//oil-gas/news/2018/nov/28/adnoc-to-expand-capture-and-storage-of-carbon-dioxide-6007807/ The additional CO2 capture is expected to reduce ADNOC&rsquo;s carbon footprint News | Oil & Gas Wed, 28 Nov 2018 03:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/28/adnoc-to-expand-capture-and-storage-of-carbon-dioxide-6007807/ Saudi Aramco to invest $150bn in gas programme http://www.arabianindustry.com//oil-gas/news/2018/nov/28/saudi-aramco-to-invest-150bn-in-gas-programme-6007638/ Unconventional gas development is a key focus for the company News | Oil & Gas Wed, 28 Nov 2018 10:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/28/saudi-aramco-to-invest-150bn-in-gas-programme-6007638/ Weir Oil and Gas signs multi-year contract in Iraq worth $4mn http://www.arabianindustry.com//oil-gas/news/2018/nov/28/weir-signs-4mn-deal-with-major-international-oil-company-in-iraq-6007651/ It will provide workshop services, machine shop services, emergency manufacturing and engineering support for a major international oil company News | Oil & Gas Wed, 28 Nov 2018 10:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/28/weir-signs-4mn-deal-with-major-international-oil-company-in-iraq-6007651/ Saudi Aramco CEO: Company's strategy will include more downstream acquisitions http://www.arabianindustry.com//oil-gas/news/2018/nov/27/saudi-aramco-ceo-companys-strategy-will-include-more-downstream-acquisitions-6007300/ Amin Nasser said in his keynote at the GPCA Forum that Aramco would invest more than $100bn in chemicals over the next 10 years News | Oil & Gas Tue, 27 Nov 2018 01:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/27/saudi-aramco-ceo-companys-strategy-will-include-more-downstream-acquisitions-6007300/ Saudi Aramco signs deals worth $27.5bn with suppliers at annual IKTVA localisation forum http://www.arabianindustry.com//oil-gas/news/2018/nov/26/saudi-aramco-signs-deals-worth-275bn-with-suppliers-at-annual-iktva-localisation-forum-6006871/ The company signed $27.5 billion in 31 commercial collaboration signings News | Oil & Gas Mon, 26 Nov 2018 02:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/26/saudi-aramco-signs-deals-worth-275bn-with-suppliers-at-annual-iktva-localisation-forum-6006871/ Saudi Aramco signs deals worth $27.5bn with suppliers at annual IKTVA localisation forum http://www.arabianindustry.com//oil-gas/news/2018/nov/26/saudi-aramco-signs-deals-worth-275bn-with-suppliers-at-annual-iktva-localisation-forum-6006884/ The company signed $27.5 billion in 31 commercial collaboration signings News | Oil & Gas Mon, 26 Nov 2018 02:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/26/saudi-aramco-signs-deals-worth-275bn-with-suppliers-at-annual-iktva-localisation-forum-6006884/ ADNOC adds Germany’s Wintershall to the Ghasha Ultra-Sour Gas Concession http://www.arabianindustry.com//oil-gas/news/2018/nov/26/adnoc-adds-germanys-wintershall-to-the-ghasha-ultra-sour-gas-concession-6006728/ Wintershall awarded 10 percent concession share in the Ghasha offshore sour gas mega-project News | Oil & Gas Mon, 26 Nov 2018 12:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/26/adnoc-adds-germanys-wintershall-to-the-ghasha-ultra-sour-gas-concession-6006728/ Saudi Aramco CEO: Sabic deal vital, company still committed to IPO http://www.arabianindustry.com//oil-gas/news/2018/nov/26/saudi-aramco-ceo-sabic-deal-vital-company-still-committed-to-ipo-6006819/ The oil and gas giant expects negotiations with the Saudi Public Investment Fund to conclude soon, according to Bloomberg News | Oil & Gas Mon, 26 Nov 2018 10:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/26/saudi-aramco-ceo-sabic-deal-vital-company-still-committed-to-ipo-6006819/ Saudi Aramco will ramp up unconventional gas production by end 2018 http://www.arabianindustry.com//oil-gas/news/2018/nov/25/saudi-aramco-will-ramp-up-unconventional-gas-production-by-end-2018-6006494/ Saudi Aramco supplied around 55mn standard cubic feet per day of gas (mmscfd) to a local power plant. Gas production is expected to grow to 190mmscfd by the end of 2018 to meet demand. News | Oil & Gas Sun, 25 Nov 2018 02:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/25/saudi-aramco-will-ramp-up-unconventional-gas-production-by-end-2018-6006494/ MMEC Mannesmann opens regional headquarters in Abu Dhabi http://www.arabianindustry.com//oil-gas/news/2018/nov/21/mmec-mannesmann-opens-regional-headquarters-in-abu-dhabi-6005415/ The German engineering contractor aims to expand its presence in the region News | Oil & Gas Wed, 21 Nov 2018 03:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/21/mmec-mannesmann-opens-regional-headquarters-in-abu-dhabi-6005415/ APICORP: Libya could be key to stabilising oil price http://www.arabianindustry.com//oil-gas/news/2018/nov/21/apicorp-libya-could-be-key-to-stabilising-oil-price-6005220/ Libyan oil output doubled between June and October 2018 News | Oil & Gas Wed, 21 Nov 2018 11:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/21/apicorp-libya-could-be-key-to-stabilising-oil-price-6005220/ Arabtec unit wins $141mn contract from Tecnicas Reunidas http://www.arabianindustry.com//oil-gas/news/2018/nov/20/arabtec-unit-wins-141mn-contract-from-tecnicas-reunidas-6004648/ It will provide mechanical and electrical construction works for ADNOC Onshore's Bu Hasa Integrated Field Development project News | Oil & Gas Tue, 20 Nov 2018 10:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/20/arabtec-unit-wins-141mn-contract-from-tecnicas-reunidas-6004648/ Kuwait Oil Company reportedly awards $1.3bn rig contract http://www.arabianindustry.com//oil-gas/news/2018/nov/19/kuwait-oil-company-reportedly-awards-13bn-rig-contract-6004297/ A local newspaper reported that the company awarded contracts for the construction of 86 oil rigs News | Oil & Gas Mon, 19 Nov 2018 03:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/19/kuwait-oil-company-reportedly-awards-13bn-rig-contract-6004297/ ADNOC will announce new deals to spur gas strategy http://www.arabianindustry.com//oil-gas/news/2018/nov/19/adnoc-will-announce-new-deals-to-spur-gas-strategy-6004310/ ADNOC will announce new partnerships for its sour gas concession and oil and gas blocks News | Oil & Gas Mon, 19 Nov 2018 02:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/19/adnoc-will-announce-new-deals-to-spur-gas-strategy-6004310/ Bentley Systems to acquire machine learning and IOT technology specialist AIworx http://www.arabianindustry.com//oil-gas/news/2018/nov/19/bentley-systems-to-acquire-machine-learning-and-iot-technology-specialist-aiworx-6004219/ Bentley Systems will incorporate AIworx's machine learning and IOT tools into digital twin technology News | Oil & Gas Mon, 19 Nov 2018 02:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/19/bentley-systems-to-acquire-machine-learning-and-iot-technology-specialist-aiworx-6004219/ ADNOC reveals new integrated gas strategy http://www.arabianindustry.com//oil-gas/news/2018/nov/14/adnoc-details-new-integrated-gas-strategy-6002737/ ADNOC is investing in commercial gas resources to leverage offshore ultra-sour gas, gas cap and unconventionals development News | Oil & Gas Wed, 14 Nov 2018 07:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/14/adnoc-details-new-integrated-gas-strategy-6002737/ ADNOC to invest $1.4bn to expand its giant Bu Hasa field http://www.arabianindustry.com//oil-gas/news/2018/nov/14/adnoc-to-invest-14bn-to-expand-its-giant-bu-hasa-field-6002581/ Crude oil production capacity from Bu Hasa Field will increase from 550,000 to 650,000 barrels per day in line with ADNOC&rsquo;s plan to increase its oil production capacity to 4mbpd by 2020 News | Oil & Gas Wed, 14 Nov 2018 02:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/14/adnoc-to-invest-14bn-to-expand-its-giant-bu-hasa-field-6002581/ Ducab signs three contracts for ADNOC projects http://www.arabianindustry.com//oil-gas/news/2018/nov/14/ducab-signs-three-contracts-for-adnoc-projects-6002295/ The company will supply over 5,000km of vables and AAAC overhead conductors for ADNOC-related projects in Abu Dhabi News | Oil & Gas Wed, 14 Nov 2018 09:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2018/nov/14/ducab-signs-three-contracts-for-adnoc-projects-6002295/