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 Fri, 13 Dec 2019 03:48:18 +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) Fri, 13 Dec 2019 03:48:18 +0400 20 Schlumberger and Dataiku ink technology partnership for enterprise-scale AI http://www.arabianindustry.com//oil-gas/news/2019/dec/12/schlumberger-and-dataiku-ink-technology-partnership-for-enterprise-scale-ai-6285136/ The partnership will enable the exploration and production segments to build and deploy their own artificial intelligence solutions across their workflows News | Oil & Gas Thu, 12 Dec 2019 03:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/12/schlumberger-and-dataiku-ink-technology-partnership-for-enterprise-scale-ai-6285136/ Saudi Aramco opens second day of trading with valuation over $2trn http://www.arabianindustry.com//oil-gas/news/2019/dec/12/saudi-aramco-opens-second-day-of-trading-with-valuation-over-2trn-6284772/ Saudi Aramco's shares were valued at $10.32 (SAR 38.7) per share when the market opened News | Oil & Gas Thu, 12 Dec 2019 11:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/12/saudi-aramco-opens-second-day-of-trading-with-valuation-over-2trn-6284772/ Saudi Aramco valued at $1.88trn after market debut http://www.arabianindustry.com//oil-gas/news/2019/dec/11/saudi-aramco-valued-at-188trn-after-market-debut-6284096/ The company's shares hit the daily 10% limit of $9.39 (35.20 Saudi riyals) as trading began today News | Oil & Gas Wed, 11 Dec 2019 01:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/11/saudi-aramco-valued-at-188trn-after-market-debut-6284096/ Saudi Arabia's 2020 budget projects $49.87bn deficit http://www.arabianindustry.com//oil-gas/news/2019/dec/11/saudi-arabias-2020-budget-projects-4987bn-deficit-6284343/ Crown Prince Mohammed bin Salman said that economic reform programmes have started to yield results, and emphasised the importance of the private sector in developing the kingdom's economy News | Oil & Gas Wed, 11 Dec 2019 11:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/11/saudi-arabias-2020-budget-projects-4987bn-deficit-6284343/ Libya NOC approves Total's acquisition of Waha concession stake http://www.arabianindustry.com//oil-gas/news/2019/dec/11/libya-noc-approves-totals-acquisition-of-waha-concession-stake-6283953/ Total will invest $650mn to develop the Waha concessions, in which it acquired a 16.33% stake through its acquisition of Marathon Oil Libya Limited News | Oil & Gas Wed, 11 Dec 2019 10:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/11/libya-noc-approves-totals-acquisition-of-waha-concession-stake-6283953/ Saudi Aramco's $25.6bn IPO will be the world's largest http://www.arabianindustry.com//oil-gas/news/2019/dec/8/saudi-aramcos-256bn-ipo-will-be-the-worlds-largest-6281782/ Saudi Aramco has decided on a valuation of $8.53 per share, allowing it to unseat Alibaba's $25bn as the world's largest IPO News | Oil & Gas Sun, 08 Dec 2019 03:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/8/saudi-aramcos-256bn-ipo-will-be-the-worlds-largest-6281782/ Valve closure interrupts production at key Libya oil field http://www.arabianindustry.com//oil-gas/news/2019/dec/8/valve-closure-interrupts-production-at-key-libya-oil-field-6281795/ Production at the El Feel oil field was once again interrupted, and Libya NOC Chairman Mustafa Sanalla called for those responsible to be held accountable. News | Oil & Gas Sun, 08 Dec 2019 03:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/8/valve-closure-interrupts-production-at-key-libya-oil-field-6281795/ Oman Oil Co plans IPO for up to 25% shares in 2020 http://www.arabianindustry.com//oil-gas/news/2019/dec/8/oman-oil-co-plans-ipo-for-up-to-25-shares-in-2020-6281808/ The potential IPO could raise funds to address the nation's debt, with $4bn budget deficit between January and September 2019 News | Oil & Gas Sun, 08 Dec 2019 01:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/8/oman-oil-co-plans-ipo-for-up-to-25-shares-in-2020-6281808/ OPEC+ production cuts deepen to 2.1mn barrels per day http://www.arabianindustry.com//oil-gas/news/2019/dec/8/opec-production-cuts-deepen-to-21mn-barrels-per-day-6281626/ Saudi Arabia will shoulder additional cuts, while complianc among OPEC+ remains a key issue News | Oil & Gas Sun, 08 Dec 2019 09:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/8/opec-production-cuts-deepen-to-21mn-barrels-per-day-6281626/ Open for business: How the Middle East's new approach to partnership could transform the oil and gas sector http://www.arabianindustry.com//oil-gas/news/2019/dec/5/open-for-business-how-the-middle-easts-new-approach-to-partnership-could-transform-the-oil-and-gas-sector-6280378/ The Middle East’s changing approach to foreign partnerships, with an eye on diversification and transformation, is set to reshape the regional oil & gas sector and the IOCs that enter it News | Oil & Gas Thu, 05 Dec 2019 04:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/5/open-for-business-how-the-middle-easts-new-approach-to-partnership-could-transform-the-oil-and-gas-sector-6280378/ IPTC 2020 Saudi Arabia to draw top oil and gas experts http://www.arabianindustry.com//oil-gas/news/2019/dec/5/iptc-2020-saudi-arabia-to-draw-top-oil-and-gas-experts-6280222/ The Society of Petroleum Engineers tells us about the upcoming International Petroleum Technology Conference in Saudi Arabia, which will be held between 13-15 January, 2020 at Dhahran EXPO News | Oil & Gas Thu, 05 Dec 2019 03:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/5/iptc-2020-saudi-arabia-to-draw-top-oil-and-gas-experts-6280222/ Repsol targets net zero emissions by 2050 http://www.arabianindustry.com//oil-gas/news/2019/dec/4/repsol-targets-net-zero-emissions-by-2050-6279247/ The company is setting a decarbonisation path with intermediate targets for 2020 to 2040 News | Oil & Gas Wed, 04 Dec 2019 02:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/4/repsol-targets-net-zero-emissions-by-2050-6279247/ GCC chemical industry reached revenue of $84.1bn in 2018 http://www.arabianindustry.com//oil-gas/news/2019/dec/4/gcc-chemical-industry-reached-revenue-of-841bn-in-2018-6278922/ Oman’s chemical sector has the highest contribution to GDP among the GCC countries, with 5.1% in 2018, which is double that of the region News | Oil & Gas Wed, 04 Dec 2019 09:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/4/gcc-chemical-industry-reached-revenue-of-841bn-in-2018-6278922/ EnerMech appoints Chris Brown as CEO http://www.arabianindustry.com//oil-gas/news/2019/dec/2/enermech-appoints-chris-brown-as-ceo-6279013/ Chris was previously CEO of global engineering and construction company, Kentz, where he successfully led the growth from a small AIM listed business to a $2.5bn revenue FTSE 250 company before its sale and integration into SNC Lavalin in 2014 News | Oil & Gas Mon, 02 Dec 2019 12:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/2/enermech-appoints-chris-brown-as-ceo-6279013/ US set to be energy independent: Rystad Energy http://www.arabianindustry.com//oil-gas/news/2019/dec/1/us-set-to-be-energy-independent-rystad-energy-6278870/ By 2030, total US primary energy production will outpace primary energy demand by about 30%, according to Rystad Energy’s latest forecast News | Oil & Gas Sun, 01 Dec 2019 12:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/dec/1/us-set-to-be-energy-independent-rystad-energy-6278870/ Schneider Electric launches UAE smart distribution facility http://www.arabianindustry.com//oil-gas/news/2019/nov/30/schneider-electric-launches-uae-smart-distribution-facility-6278883/ It is the first Smart Distribution Center in the region and becomes the latest addition to the company’s growing worldwide network of smart operations facilities News | Oil & Gas Sat, 30 Nov 2019 12:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/30/schneider-electric-launches-uae-smart-distribution-facility-6278883/ Coretrax acquires Churchill Drilling Tools with plans to expand in 2020 http://www.arabianindustry.com//oil-gas/news/2019/nov/26/coretrax-acquires-churchill-drilling-tools-with-plans-to-expand-in-2020-6275243/ Coretrax will establish a new group for downhole products, which will accommodate Churchill's employees News | Oil & Gas Tue, 26 Nov 2019 12:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/26/coretrax-acquires-churchill-drilling-tools-with-plans-to-expand-in-2020-6275243/ Global M&A and raising activity in the upstream sector totaled $63.4bn in Q3 2019: GlobalData http://www.arabianindustry.com//oil-gas/news/2019/nov/24/global-ma-and-raising-activity-in-the-upstream-sector-totaled-634bn-in-q3-2019-globaldata-6273475/ Global M&A and raising activity in the upstream sector totaled $63.4bn in Q3 2019: GlobalData News | Oil & Gas Sun, 24 Nov 2019 06:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/24/global-ma-and-raising-activity-in-the-upstream-sector-totaled-634bn-in-q3-2019-globaldata-6273475/ Plexus sealing systems gets extreme temperature verification http://www.arabianindustry.com//oil-gas/news/2019/nov/24/plexus-sealing-systems-gets-extreme-temperature-verification-6273488/ Millions of pounds spent in wellhead intervention could be a thing of the past, extreme tests on Aberdeen-developed technology reveal News | Oil & Gas Sun, 24 Nov 2019 06:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/24/plexus-sealing-systems-gets-extreme-temperature-verification-6273488/ Petrofac unit EPS wins awards worth a combined $120mn http://www.arabianindustry.com//oil-gas/news/2019/nov/21/petrofac-unit-eps-wins-awards-worth-a-combined-120mn-6271759/ The contracts are part of its plan to diversify its markets and geographies News | Oil & Gas Thu, 21 Nov 2019 04:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/21/petrofac-unit-eps-wins-awards-worth-a-combined-120mn-6271759/ Shaleem Petroleum Company reportedly acquires Weatherford's Oman unit http://www.arabianindustry.com//oil-gas/news/2019/nov/21/shaleem-petroleum-company-reportedly-acquires-weatherfords-oman-unit-6271772/ The deal will see Weatherford - Oman relocate all of its business, equipment, and staff News | Oil & Gas Thu, 21 Nov 2019 04:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/21/shaleem-petroleum-company-reportedly-acquires-weatherfords-oman-unit-6271772/ Mubadala Petroleum and Tap Oil start exploration activities in Gulf of Thailand http://www.arabianindustry.com//oil-gas/news/2019/nov/21/mubadala-petroleum-and-tap-oil-start-exploration-activities-in-gulf-of-thailand-6271785/ The companies are exploring for resources in the Manora oil field, in the Northern Gulf of Thailand News | Oil & Gas Thu, 21 Nov 2019 04:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/21/mubadala-petroleum-and-tap-oil-start-exploration-activities-in-gulf-of-thailand-6271785/ ADNOC partners with Honeywell on predictive maintenance platform http://www.arabianindustry.com//oil-gas/news/2019/nov/21/adnoc-partners-with-honeywell-on-predictive-maintenance-platform-6271447/ ADNOC is taking the next step with its Panorama Command Centre, using the data it aggregates from 14 operating companies to enable predictive maintenance News | Oil & Gas Thu, 21 Nov 2019 12:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/21/adnoc-partners-with-honeywell-on-predictive-maintenance-platform-6271447/ Increasing emphasis placed on asset management in oil and gas operations, says GlobalData http://www.arabianindustry.com//oil-gas/news/2019/nov/20/increasing-emphasis-placed-on-asset-management-in-oil-and-gas-operations-says-globaldata-6270862/ It can help enhance operational efficiencies for oil and gas companies, according to the company's report News | Oil & Gas Wed, 20 Nov 2019 05:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/20/increasing-emphasis-placed-on-asset-management-in-oil-and-gas-operations-says-globaldata-6270862/ How a combination of human and artificial intelligence is driving project planning in oil & gas http://www.arabianindustry.com//oil-gas/news/2019/nov/20/how-a-combination-of-human-and-artificial-intelligence-is-driving-project-planning-in-oil-gas-6270875/ InEight chief design officer Daniel Patterson comments on the benefits of collaboration between AI and humans to facilitate project planning News | Oil & Gas Wed, 20 Nov 2019 05:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/20/how-a-combination-of-human-and-artificial-intelligence-is-driving-project-planning-in-oil-gas-6270875/ US signs the highest long-term LNG export contract volumes globally for 2019: GlobalData http://www.arabianindustry.com//oil-gas/news/2019/nov/20/us-signs-the-highest-long-term-lng-export-contract-volumes-globally-for-2019-globaldata-6270888/ US signs the highest long-term LNG export contract volumes globally for 2019: GlobalData News | Oil & Gas Wed, 20 Nov 2019 03:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/20/us-signs-the-highest-long-term-lng-export-contract-volumes-globally-for-2019-globaldata-6270888/ Industry needs enterprise systems to reflect and predict cumulative risks: Sphera survey http://www.arabianindustry.com//oil-gas/news/2019/nov/20/industry-needs-enterprise-systems-to-reflect-and-predict-cumulative-risks-sphera-survey-6270654/ Only 40% agree that organizations proactively manage process safety, while 73% say companies are not actively managing risk or driving PSM through the planning process News | Oil & Gas Wed, 20 Nov 2019 03:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/20/industry-needs-enterprise-systems-to-reflect-and-predict-cumulative-risks-sphera-survey-6270654/ NPCC accelerates five-year digital transformation plan http://www.arabianindustry.com//design/news/2019/nov/20/npcc-accelerates-five-year-digital-transformation-plan-6270394/ NPCC has partnered with AVEVA and Microsoft on strengthening systems and procedures News | Oil & Gas Wed, 20 Nov 2019 12:35:19 +0400 http://www.arabianindustry.com//design/news/2019/nov/20/npcc-accelerates-five-year-digital-transformation-plan-6270394/ Key changes in Algeria's hydrocarbon law: DWF http://www.arabianindustry.com//oil-gas/news/2019/nov/19/key-changes-in-algerias-hydrocarbon-law-dwf-6269549/ DWF details the key facts surrounding Algeria's new hydrocarbon law, and the changes it includes News | Oil & Gas Tue, 19 Nov 2019 04:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/19/key-changes-in-algerias-hydrocarbon-law-dwf-6269549/ Halliburton breakthrough could replicate US shale revolution in the Middle East http://www.arabianindustry.com//oil-gas/news/2019/nov/19/halliburton-breakthrough-could-replicate-us-shale-revolution-in-the-middle-east-6269705/ Ahmed Kenawi, senior vice president of the Middle East and North Africa for Halliburton, said that a recent breakthrough with local sand could reduce costs by 30% for a regional operator, and tests are ongoing for the use of saltwater in unconventional hydrocarbon production. News | Oil & Gas Tue, 19 Nov 2019 04:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/19/halliburton-breakthrough-could-replicate-us-shale-revolution-in-the-middle-east-6269705/ Iran could become a petrol importer by 2021: Rouhani http://www.arabianindustry.com//oil-gas/news/2019/nov/19/iran-could-become-a-petrol-importer-by-2021-rouhani-6269315/ Citizens now have a 60 liter per month quota of petroleum at recently increased prices of Rls. 15,000/l, and will be charged Rls 30,000/l if they exceed their quota News | Oil & Gas Tue, 19 Nov 2019 12:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/19/iran-could-become-a-petrol-importer-by-2021-rouhani-6269315/ Saudi Aramco sets its market valuation at $1.7trn http://www.arabianindustry.com//oil-gas/news/2019/nov/18/saudi-aramco-sets-its-market-valuation-at-17trn-6268561/ Saudi Aramco announced it would offer shares at prices between $8 (SAR 30) and $8.50 (SAR 32) per share News | Oil & Gas Mon, 18 Nov 2019 03:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/18/saudi-aramco-sets-its-market-valuation-at-17trn-6268561/ ADNOC awards $489mn EPC contract to upgrade Bab onshore field http://www.arabianindustry.com//oil-gas/news/2019/nov/18/adnoc-awards-489mn-epc-contract-to-upgrade-bab-onshore-field-6268028/ Archirodon will build the facilities and infrastructure required to sustain long-term crude oil production capacity of the field at 485,000 barrels per day News | Oil & Gas Mon, 18 Nov 2019 11:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/18/adnoc-awards-489mn-epc-contract-to-upgrade-bab-onshore-field-6268028/ Lebanon's offshore blocks likely contain oil, not only gas http://www.arabianindustry.com//oil-gas/news/2019/nov/18/lebanons-offshore-blocks-likely-contain-oil-not-only-gas-6268041/ A recent appraisal of Israel's Karish North Discovery have revealed resources including 34mn barrels of light oil, leading the Lebanese Petroleum Administration to believe oil could lurk under Lebanese waters News | Oil & Gas Mon, 18 Nov 2019 10:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/18/lebanons-offshore-blocks-likely-contain-oil-not-only-gas-6268041/ Deep Casing Tools wins Saudi Aramco contract and announces new Middle East appointment http://www.arabianindustry.com//oil-gas/news/2019/nov/17/deep-casing-tools-wins-saudi-aramco-contract-and-announces-new-middle-east-appointment-6267313/ In a contract spread over a 5 year period, Deep Casing Tools will continue to supply Saudi Aramco with its motorised reaming tools, TurbocaserTM and the TurborunnerTM News | Oil & Gas Sun, 17 Nov 2019 04:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/17/deep-casing-tools-wins-saudi-aramco-contract-and-announces-new-middle-east-appointment-6267313/ Dana Gas reports 246% increase in nine month 2019 net profit http://www.arabianindustry.com//oil-gas/news/2019/nov/17/dana-gas-reports-246-increase-in-nine-month-2019-net-profit-6267339/ The company’s net profit jumped to $142mn in 9M 2019 compared to $41mn for the same period in 2018 News | Oil & Gas Sun, 17 Nov 2019 12:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/17/dana-gas-reports-246-increase-in-nine-month-2019-net-profit-6267339/ In pictures: ADIPEC 2019 http://www.arabianindustry.com//oil-gas/news/2019/nov/17/in-pictures-adipec-2019-6266611/ The landmark conference took place from 11-14 November in Abu Dhabi this year News | Oil & Gas Sun, 17 Nov 2019 10:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/17/in-pictures-adipec-2019-6266611/ Jaheziya partners with ADNOC to provide integrated emergency response services for Fujairah Oil Industry Zone http://www.arabianindustry.com//oil-gas/news/2019/nov/14/jaheziya-partners-with-adnoc-to-provide-integrated-emergency-response-services-for-fujairah-oil-industry-zone-6265883/ The MoA mandates Jaheziya to establish, manage and operate an integrated emergency response and management service centre at FOIZ that will also serve the ADNOC Main Oil Terminal News | Oil & Gas Thu, 14 Nov 2019 06:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/14/jaheziya-partners-with-adnoc-to-provide-integrated-emergency-response-services-for-fujairah-oil-industry-zone-6265883/ OPEC forecasts oil and gas will still supply most of global energy demand in 2040 http://www.arabianindustry.com//oil-gas/news/2019/nov/14/opec-forecasts-oil-and-gas-will-still-supply-most-of-global-energy-demand-in-2040-6265870/ Emerging markets are expected to drive 25% of growth in global energy demand by 2040 News | Oil & Gas Thu, 14 Nov 2019 05:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/14/opec-forecasts-oil-and-gas-will-still-supply-most-of-global-energy-demand-in-2040-6265870/ ADNOC partners with Total to use drones in search for oil and gas resources http://www.arabianindustry.com//oil-gas/news/2019/nov/14/adnoc-partners-with-total-to-use-drones-in-search-for-oil-and-gas-resources-6266767/ The pilot project uses Total’s Multiphysics Exploration Technologies Integrated System (METIS®), the world’s first automated seismic acquisition system News | Oil & Gas Thu, 14 Nov 2019 12:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/14/adnoc-partners-with-total-to-use-drones-in-search-for-oil-and-gas-resources-6266767/ ADNOC forms joint venture to commercialise AI products http://www.arabianindustry.com//oil-gas/news/2019/nov/14/adnoc-forms-joint-venture-to-commercialise-ai-products-6266572/ ADNOC will leverage G42’s CPU and GPU-based computing clusters, world-class data scientists, software engineers, and domain experts, and G42 will have access to ADNOC’s petabytes of archival data as it develops new AI solutions for the oil and gas industry News | Oil & Gas Thu, 14 Nov 2019 12:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/14/adnoc-forms-joint-venture-to-commercialise-ai-products-6266572/ Averda starts delivering on five-year offshore services contract with ADNOC http://www.arabianindustry.com//oil-gas/news/2019/nov/13/averda-starts-delivering-on-five-year-offshore-services-contract-with-adnoc-6263920/ This latest contract scope of work comprises manual and mechanical sweeping services and general and hazardous waste collection, transportation and disposal from all five of ADNOC’s major offshore oil and gas developments News | Oil & Gas Wed, 13 Nov 2019 01:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/13/averda-starts-delivering-on-five-year-offshore-services-contract-with-adnoc-6263920/ APICORP invests in Al Khorayef United Holding http://www.arabianindustry.com//oil-gas/news/2019/nov/13/apicorp-invests-in-al-khorayef-united-holding-6263933/ APICORP has made its first equity investment in Kuwait News | Oil & Gas Wed, 13 Nov 2019 01:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/13/apicorp-invests-in-al-khorayef-united-holding-6263933/ Goldman Sachs top M&A financial advisor for oil & gas: GlobalData http://www.arabianindustry.com//oil-gas/news/2019/nov/13/goldman-sachs-top-ma-financial-advisor-for-oil-gas-globaldata-6263946/ The firm was an advisor on 17 deals worth a total $214.4bn in the oil and gas sector News | Oil & Gas Wed, 13 Nov 2019 01:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/13/goldman-sachs-top-ma-financial-advisor-for-oil-gas-globaldata-6263946/ ADNOC forms joint venture to commercialise AI products http://www.arabianindustry.com//oil-gas/news/2019/nov/13/adnoc-forms-joint-venture-to-commercialise-ai-products-6266585/ ADNOC forms joint venture to commercialise AI products News | Oil & Gas Wed, 13 Nov 2019 12:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/13/adnoc-forms-joint-venture-to-commercialise-ai-products-6266585/ Eni deploys advanced dynamic reservoir simulation http://www.arabianindustry.com//oil-gas/news/2019/nov/12/eni-deploys-advanced-dynamic-reservoir-simulation-6263478/ ECHELON software was developed to improve early understanding of field behavior and to manage uncertainty News | Oil & Gas Tue, 12 Nov 2019 05:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/12/eni-deploys-advanced-dynamic-reservoir-simulation-6263478/ Dolphin Energy reveals ASSIST pipeline repair system http://www.arabianindustry.com//oil-gas/news/2019/nov/12/dolphin-energy-reveals-assist-pipeline-repair-system-6263465/ ASSIST was developed for deployment on Dolphin Energy’s subsea pipelines, the 36 inch twin sealines and the 48 inch export pipeline News | Oil & Gas Tue, 12 Nov 2019 05:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/12/dolphin-energy-reveals-assist-pipeline-repair-system-6263465/ ADNOC CEO says industry must modernise to adapt to shifting energy landscape http://www.arabianindustry.com//oil-gas/news/2019/nov/12/adnoc-ceo-says-industry-must-modernise-to-adapt-to-shifting-energy-landscape-6266598/ He noted creative partnerships as a key enabler of responsible economic growth News | Oil & Gas Tue, 12 Nov 2019 11:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/12/adnoc-ceo-says-industry-must-modernise-to-adapt-to-shifting-energy-landscape-6266598/ NPCC invests $89.8mn on vessel for global deepwater projects http://www.arabianindustry.com//oil-gas/news/2019/nov/12/npcc-invests-898mn-on-vessel-for-global-deepwater-projects-6263192/ NPCC now has a vessel and barge fleet of 23 that enables it to undertake complex EPC projects News | Oil & Gas Tue, 12 Nov 2019 10:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/12/npcc-invests-898mn-on-vessel-for-global-deepwater-projects-6263192/ TARGET releases the MEERA simulation package http://www.arabianindustry.com//oil-gas/news/2019/nov/11/target-releases-the-meera-simulation-package-6262425/ MEERA Simulator is a conventional 3D, 3-phase numerical reservoir simulator News | Oil & Gas Mon, 11 Nov 2019 08:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/11/target-releases-the-meera-simulation-package-6262425/ STATS Group partners with Safari Oil & Gas to targets KSA growth http://www.arabianindustry.com//oil-gas/news/2019/nov/11/stats-group-partners-with-safari-oil-gas-to-targets-ksa-growth-6262438/ STATS Group partners with Safari Oil & Gas to targets KSA growth News | Oil & Gas Mon, 11 Nov 2019 07:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/11/stats-group-partners-with-safari-oil-gas-to-targets-ksa-growth-6262438/ ADNOC Distribution launches flexible 'on the go' neighborhood station, rewards programme, and digital wallet http://www.arabianindustry.com//oil-gas/news/2019/nov/11/adnoc-distribution-launches-flexible-on-the-go-neighborhood-station-rewards-programme-and-digital-wallet-6262451/ The station concept utilises digital technologies to improve customer experience, and stations will have stand-alone or drive-through Oasis stores News | Oil & Gas Mon, 11 Nov 2019 07:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/11/adnoc-distribution-launches-flexible-on-the-go-neighborhood-station-rewards-programme-and-digital-wallet-6262451/ NPCC breaks Guinness World Records title for the ‘Heaviest Single-Module Topside on a Fixed Steel Jacket’ http://www.arabianindustry.com//oil-gas/news/2019/nov/11/npcc-breaks-guinness-world-records-title-for-the-heaviest-single-module-topside-on-a-fixed-steel-jacket-6262386/ NPCC breaks Guinness World Records title for the ‘Heaviest Single-Module Topside on a Fixed Steel Jacket’ News | Oil & Gas Mon, 11 Nov 2019 05:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/11/npcc-breaks-guinness-world-records-title-for-the-heaviest-single-module-topside-on-a-fixed-steel-jacket-6262386/ Saudi Aramco IPO should be judged on its impact not its valuation, says GlobalData http://www.arabianindustry.com//oil-gas/news/2019/nov/10/saudi-aramco-ipo-should-be-judged-on-its-impact-not-its-valuation-says-globaldata-6260787/ GlobalData says the long-term value of the IPO, and its impact on Saudi Arabia's economic diversification, outweighs potential concerns about its valuation News | Oil & Gas Sun, 10 Nov 2019 11:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/10/saudi-aramco-ipo-should-be-judged-on-its-impact-not-its-valuation-says-globaldata-6260787/ Dana Gas collections increase 16.7% to $230mn in first nine months of 2019 http://www.arabianindustry.com//oil-gas/news/2019/nov/10/dana-gas-collections-increase-167-to-230mn-in-first-nine-months-of-2019-6260241/ Its collections came from Egypt, the UAE, and its share of Pearl Petroleum Company in the Kurdistan Region of Iraq News | Oil & Gas Sun, 10 Nov 2019 10:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/10/dana-gas-collections-increase-167-to-230mn-in-first-nine-months-of-2019-6260241/ Saudi Aramco signs 2020 crude oil supply deals at China’s largest trade fair http://www.arabianindustry.com//oil-gas/news/2019/nov/7/saudi-aramco-signs-2020-crude-oil-supply-deals-at-chinas-largest-trade-fair-6259357/ The crude oil sales agreements signed at the 2019 CIIE further solidify Aramco’s position as China’s top crude supplier News | Oil & Gas Thu, 07 Nov 2019 03:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/7/saudi-aramco-signs-2020-crude-oil-supply-deals-at-chinas-largest-trade-fair-6259357/ In pictures: ADNOC's artificial islands http://www.arabianindustry.com//oil-gas/news/2019/nov/7/in-pictures-adnocs-artificial-islands-6259188/ ADNOC has spearheaded the use of artificial islands, reducing the cost of upstream operations by using land drilling rigs, take a look at some of these feats of engineering News | Oil & Gas Thu, 07 Nov 2019 01:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/7/in-pictures-adnocs-artificial-islands-6259188/ In pictures: ADNOC's artificial islands http://www.arabianindustry.com//oil-gas/news/2019/nov/7/in-pictures-adnocs-artificial-islands-6259201/ ADNOC has spearheaded the use of artificial islands, reducing the cost of upstream operations by using land drilling rigs, take a look at some of these feats of engineering News | Oil & Gas Thu, 07 Nov 2019 01:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/7/in-pictures-adnocs-artificial-islands-6259201/ Banks offer Saudi Aramco valuations between $1.1trn and $2.5trn http://www.arabianindustry.com//oil-gas/news/2019/nov/7/banks-offer-saudi-aramco-valuations-between-11trn-and-25trn-6258694/ 16 banks each gave an Aramco valuation, and few seem to agree, with a $1.4trn spread from lowest to highest News | Oil & Gas Thu, 07 Nov 2019 10:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/7/banks-offer-saudi-aramco-valuations-between-11trn-and-25trn-6258694/ China reportedly considering investing up to $10bn in Aramco IPO http://www.arabianindustry.com//oil-gas/news/2019/nov/7/china-reportedly-considering-investing-up-to-10bn-in-aramco-ipo-6258707/ Wealth funds as well as the state-owned oil producer Sinopec are reportedly in talks to participate in the Saudi Aramco IPO News | Oil & Gas Thu, 07 Nov 2019 09:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/7/china-reportedly-considering-investing-up-to-10bn-in-aramco-ipo-6258707/ Saudi Aramco joins World Bank's zero flaring initiative http://www.arabianindustry.com//oil-gas/news/2019/nov/6/saudi-aramco-joins-world-banks-zero-flaring-initiative-6258213/ The company flared less than 1% of its total raw gas production in the first half of 2019 News | Oil & Gas Wed, 06 Nov 2019 04:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/6/saudi-aramco-joins-world-banks-zero-flaring-initiative-6258213/ Saudi Aramco and ADNOC boost global oil and gas contracts activity in Q3 http://www.arabianindustry.com//oil-gas/news/2019/nov/6/saudi-aramco-and-adnoc-boost-global-oil-and-gas-contracts-activity-in-q3-6258135/ Contracts worth $44.4bn were awarded in the Middle East during Q3 2019 News | Oil & Gas Wed, 06 Nov 2019 03:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/6/saudi-aramco-and-adnoc-boost-global-oil-and-gas-contracts-activity-in-q3-6258135/ Exclusive: Ghasha offshore operations to be "digitalised and 100% unmanned" http://www.arabianindustry.com//oil-gas/news/2019/nov/6/exclusive-ghasha-offshore-operations-to-be-digitalised-and-100-unmanned-6257563/ Abdulmunim Al Kindy, ADNOC's upstream executive director, revealed that a central control room will operate all of Ghasha's remote facilities News | Oil & Gas Wed, 06 Nov 2019 10:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/6/exclusive-ghasha-offshore-operations-to-be-digitalised-and-100-unmanned-6257563/ Global energy demand to hit 357mboed in 2040: OPEC World Oil Outlook http://www.arabianindustry.com//oil-gas/news/2019/nov/6/global-energy-demand-to-hit-357mboed-in-2040-opec-world-oil-outlook-6257472/ Natural gas will not overtake oil, but will become the second-largest energy source globally News | Oil & Gas Wed, 06 Nov 2019 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/6/global-energy-demand-to-hit-357mboed-in-2040-opec-world-oil-outlook-6257472/ Abu Dhabi approves ADNOC's new pricing structure for Murban crude http://www.arabianindustry.com//oil-gas/news/2019/nov/5/abu-dhabi-approves-adnocs-new-pricing-structure-for-murban-crude-6256965/ It will move from a retroactive to a forward pricing model, which is says would make it more appealing News | Oil & Gas Tue, 05 Nov 2019 04:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/5/abu-dhabi-approves-adnocs-new-pricing-structure-for-murban-crude-6256965/ Saudi Aramco to delay Sabic acquisition payment by four years http://www.arabianindustry.com//oil-gas/news/2019/nov/5/saudi-aramco-to-delay-sabic-acquisition-payment-by-four-years-6256978/ Aramco will only pay one third of the $69.1bn in cash, its IPO documents revealed News | Oil & Gas Tue, 05 Nov 2019 04:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/5/saudi-aramco-to-delay-sabic-acquisition-payment-by-four-years-6256978/ The UAE now has sixth largest oil and gas reserves in the world http://www.arabianindustry.com//oil-gas/news/2019/nov/5/the-uae-now-has-sixth-largest-oil-and-gas-reserves-in-the-world-6256900/ The Supreme Petroleum Council of Abu Dhabi announced significant growth in oil reserves, and new unconventional gas discoveries News | Oil & Gas Tue, 05 Nov 2019 03:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/5/the-uae-now-has-sixth-largest-oil-and-gas-reserves-in-the-world-6256900/ French oil and gas industry represented by 44 companies at ADIPEC http://www.arabianindustry.com//oil-gas/news/2019/nov/5/french-oil-and-gas-industry-represented-by-44-companies-at-adipec-6256536/ French oil and gas industry represented by 44 companies at ADIPEC News | Oil & Gas Tue, 05 Nov 2019 11:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/5/french-oil-and-gas-industry-represented-by-44-companies-at-adipec-6256536/ Bilfinger appoints Jon Rokk as Middle East president and CEO http://www.arabianindustry.com//oil-gas/news/2019/nov/5/bilfinger-appoints-jon-rokk-as-middle-east-president-and-ceo-6256549/ Rokk has six years of experience in the region, and will oversee all of Bilfinger's operating entities in the Middle East News | Oil & Gas Tue, 05 Nov 2019 11:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/5/bilfinger-appoints-jon-rokk-as-middle-east-president-and-ceo-6256549/ World Energy Council appoints first female secretary general and CEO http://www.arabianindustry.com//oil-gas/news/2019/nov/5/world-energy-council-appoints-first-female-secretary-general-and-ceo-6256445/ Dr. Angela Wilkinson is the new secretary general and CEO of the WEC, as of 1 November News | Oil & Gas Tue, 05 Nov 2019 11:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/5/world-energy-council-appoints-first-female-secretary-general-and-ceo-6256445/ MOL Group agrees to purchase a 9.57% stake in Azerbaijan’s ACG field and 8.9% in the BTC pipeline http://www.arabianindustry.com//oil-gas/news/2019/nov/4/mol-group-agrees-to-purchase-a-957-stake-in-azerbaijans-acg-field-and-89-in-the-btc-pipeline-6255873/ The ACG oil field is Azerbaijan’s largest strategic oil asset, while the BTC pipeline is a crucial export route for the Azeri crude; post-completion MOL will be the third largest field partner in ACG News | Oil & Gas Mon, 04 Nov 2019 03:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/4/mol-group-agrees-to-purchase-a-957-stake-in-azerbaijans-acg-field-and-89-in-the-btc-pipeline-6255873/ Tristar Group inaugural Safety at Sea Conference to focus on physical and mental wellbeing at sea http://www.arabianindustry.com//oil-gas/news/2019/nov/4/tristar-group-inaugural-safety-at-sea-conference-to-focus-on-physical-and-mental-wellbeing-at-sea-6255886/ The Safety at Sea Conference seeks to openly address these issues and demonstrate the need to support the health and wellbeing of all workers at sea News | Oil & Gas Mon, 04 Nov 2019 03:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/4/tristar-group-inaugural-safety-at-sea-conference-to-focus-on-physical-and-mental-wellbeing-at-sea-6255886/ Paradigm Group recruits to expand in the Middle East http://www.arabianindustry.com//oil-gas/news/2019/nov/4/paradigm-group-recruits-to-expand-in-the-middle-east-6255899/ Two local recruits have joined the PDS team in the Middle East, based in Saudi Arabia to cope with increased demand News | Oil & Gas Mon, 04 Nov 2019 03:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/4/paradigm-group-recruits-to-expand-in-the-middle-east-6255899/ Fluor wins engineering services agreement from KPO in Kazakhstan http://www.arabianindustry.com//oil-gas/news/2019/nov/3/fluor-wins-engineering-services-agreement-from-kpo-in-kazakhstan-6254794/ Fluor plans to leverage local engineering talent to execute its scope of work and will provide training and knowledge transfer to increase local talent News | Oil & Gas Sun, 03 Nov 2019 03:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/3/fluor-wins-engineering-services-agreement-from-kpo-in-kazakhstan-6254794/ VR technology supports oil and gas plant simulation and skill development: GlobalData http://www.arabianindustry.com//oil-gas/news/2019/nov/3/vr-technology-supports-oil-and-gas-plant-simulation-and-skill-development-globaldata-6254781/ VR has the potential to create virtual rigs using 3D simulation techniques to expose the workforce to the hazards of field operations in a cost-effective, yet risk-free way for the company News | Oil & Gas Sun, 03 Nov 2019 03:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/3/vr-technology-supports-oil-and-gas-plant-simulation-and-skill-development-globaldata-6254781/ Saudi Aramco announces intention to float on Tadawul http://www.arabianindustry.com//oil-gas/news/2019/nov/3/saudi-aramco-announces-intention-to-float-on-tadawul-6254495/ The Capital Market Authority approved Saudi Aramco's application for an initial public offering News | Oil & Gas Sun, 03 Nov 2019 11:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/3/saudi-aramco-announces-intention-to-float-on-tadawul-6254495/ Tethys Oil farms into Block 56 exploration and production license onshore Oman http://www.arabianindustry.com//oil-gas/news/2019/nov/2/tethys-oil-farms-into-block-56-exploration-and-production-license-onshore-oman-6254027/ In consideration for the 20% interest acquired, Tethys Oil will pay to Biyaq a sum of up to $9.5mn News | Oil & Gas Sat, 02 Nov 2019 11:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/2/tethys-oil-farms-into-block-56-exploration-and-production-license-onshore-oman-6254027/ Churchill Drilling Tools completes for drill-string severs in Middle East http://www.arabianindustry.com//oil-gas/news/2019/nov/2/churchill-drilling-tools-completes-for-drill-string-severs-in-middle-east-6253975/ Over the last six months four drilling teams from three major Middle East operators deployed the HyPR stuck pipe solution News | Oil & Gas Sat, 02 Nov 2019 10:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/2/churchill-drilling-tools-completes-for-drill-string-severs-in-middle-east-6253975/ DWF's appoints banking and finance partner in Dubai http://www.arabianindustry.com//oil-gas/news/2019/nov/1/dwfs-appoints-banking-and-finance-partner-in-dubai-6253806/ DWF, the global legal business, has appointed Majed A. Almarshad, as a Partner in the Banking & Finance practice of its Dubai office. News | Oil & Gas Fri, 01 Nov 2019 11:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/nov/1/dwfs-appoints-banking-and-finance-partner-in-dubai-6253806/ Aramco gas joint venture to reportedly seek $6bn loan http://www.arabianindustry.com//oil-gas/news/2019/oct/31/aramco-gas-joint-venture-to-reportedly-seek-6bn-loan-6253377/ The proposed joint venture will own and operate the Jazan Integrated Gasification Combined Cycle and Power Plant and Jazan Air Separation Unit, valued at approximately USD $11.5bn News | Oil & Gas Thu, 31 Oct 2019 03:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/31/aramco-gas-joint-venture-to-reportedly-seek-6bn-loan-6253377/ Abu Dhabi Ports’ Maqta Gateway and Etisalat partner to deliver digital services http://www.arabianindustry.com//oil-gas/news/2019/oct/31/abu-dhabi-ports-maqta-gateway-and-etisalat-partner-to-deliver-digital-services-6252779/ Both entities sign MoU to bring digital transformation News | Oil & Gas Thu, 31 Oct 2019 10:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/31/abu-dhabi-ports-maqta-gateway-and-etisalat-partner-to-deliver-digital-services-6252779/ AMETEK SMP appoints Jatin Kumar Tanwar as national sales manager for India and Middle East http://www.arabianindustry.com//oil-gas/news/2019/oct/31/ametek-smp-appoints-jatin-kumar-tanwar-as-national-sales-manager-for-india-and-middle-east-6252792/ Jatin joins the company from his previous role as senior business development manager with AMETEK India Corporate Bangalore News | Oil & Gas Thu, 31 Oct 2019 10:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/31/ametek-smp-appoints-jatin-kumar-tanwar-as-national-sales-manager-for-india-and-middle-east-6252792/ GCC chemical investment exceeds $140bn in 2019 http://www.arabianindustry.com//oil-gas/news/2019/oct/31/gcc-chemical-investment-exceeds-140bn-in-2019-6252805/ GPCA said that investments were led by consolidation, joint venture agreements, and mergers & acquisitions News | Oil & Gas Thu, 31 Oct 2019 10:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/31/gcc-chemical-investment-exceeds-140bn-in-2019-6252805/ Middle East fire safety systems & equipment market will be worth $2.9bn in five years http://www.arabianindustry.com//oil-gas/news/2019/oct/31/middle-east-fire-safety-systems-equipment-market-will-be-worth-29bn-in-five-years-6252727/ The sector is expected to grow 2.6% annually to 2025, according to a report by 6Wresearch News | Oil & Gas Thu, 31 Oct 2019 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/31/middle-east-fire-safety-systems-equipment-market-will-be-worth-29bn-in-five-years-6252727/ Saudi Aramco announces its intention to establish JV with Air Products and ACWA Power http://www.arabianindustry.com//oil-gas/news/2019/oct/30/saudi-aramco-announces-its-intention-to-establish-jv-with-air-products-and-acwa-power-6251596/ The proposed joint venture with Air Products and ACWA Power will own and operate the Jazan Integrated Gasification Combined Cycle and Power Plant and Jazan Air Separation Unit, valued at approximately USD $11.5bn. News | Oil & Gas Wed, 30 Oct 2019 09:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/30/saudi-aramco-announces-its-intention-to-establish-jv-with-air-products-and-acwa-power-6251596/ Oilfield service companies are going beyond oil: Rystad Energy http://www.arabianindustry.com//oil-gas/news/2019/oct/30/oilfield-service-companies-are-going-beyond-oil-rystad-energy-6251570/ Rystad Energy reveals that oilfield services companies are breaking into the renewables sector News | Oil & Gas Wed, 30 Oct 2019 09:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/30/oilfield-service-companies-are-going-beyond-oil-rystad-energy-6251570/ Saudi Aramco signs seven MoUs at Future Investment Initiative http://www.arabianindustry.com//oil-gas/news/2019/oct/30/saudi-aramco-signs-seven-mous-at-future-investment-initiative-6251583/ The agreements are meant to promote business investment opportunities through technology across the Kingdom’s energy services sector ecosystem. News | Oil & Gas Wed, 30 Oct 2019 09:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/30/saudi-aramco-signs-seven-mous-at-future-investment-initiative-6251583/ BP's Orca-1 is 2019’s largest gas discovery: Rystad Energy http://www.arabianindustry.com//oil-gas/news/2019/oct/30/bps-orca-1-is-2019s-largest-gas-discovery-rystad-energy-6251661/ The discovery offshore Mauritania holds around 1.3bn barrels of oil equivalent News | Oil & Gas Wed, 30 Oct 2019 09:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/30/bps-orca-1-is-2019s-largest-gas-discovery-rystad-energy-6251661/ DoE chairman highlights Abu Dhabi’s capabilities in accelerating energy transition http://www.arabianindustry.com//oil-gas/news/2019/oct/29/doe-chairman-highlights-abu-dhabis-capabilities-in-accelerating-energy-transition-6251622/ Awaidha Murshed Al Marar, chairman of the Abu Dhabi Department of Energy, gave the keynote address at the Singapore Energy Summit News | Oil & Gas Tue, 29 Oct 2019 09:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/29/doe-chairman-highlights-abu-dhabis-capabilities-in-accelerating-energy-transition-6251622/ DEWA to organise 22nd WETEX and 4th Dubai Solar Show at Expo 2020 Dubai site http://www.arabianindustry.com//oil-gas/news/2019/oct/29/dewa-to-organise-22nd-wetex-and-4th-dubai-solar-show-at-expo-2020-dubai-site-6251609/ DEWA to organise 22nd WETEX and 4th Dubai Solar Show at Expo 2020 Dubai site News | Oil & Gas Tue, 29 Oct 2019 09:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/29/dewa-to-organise-22nd-wetex-and-4th-dubai-solar-show-at-expo-2020-dubai-site-6251609/ New CFO appointed at 3T Energy Group http://www.arabianindustry.com//oil-gas/news/2019/oct/29/new-cfo-appointed-at-3t-energy-group-6251635/ Patrick Sinclair will take on the role of CFO News | Oil & Gas Tue, 29 Oct 2019 09:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/29/new-cfo-appointed-at-3t-energy-group-6251635/ Narrowing gender gap in STEM can contribute to economic growth in the Middle East http://www.arabianindustry.com//oil-gas/news/2019/oct/29/narrowing-gender-gap-in-stem-can-contribute-to-economic-growth-in-the-middle-east-6251648/ Some of the leading regional and international companies shared insights on how they are unlocking female potential in STEM roles at the Women in Leadership Economic Forum News | Oil & Gas Tue, 29 Oct 2019 09:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/29/narrowing-gender-gap-in-stem-can-contribute-to-economic-growth-in-the-middle-east-6251648/ Norway has highest number of oil and gas discoveries in Q3 2019, says GlobalData http://www.arabianindustry.com//oil-gas/news/2019/oct/28/norway-has-highest-number-of-oil-and-gas-discoveries-in-q3-2019-says-globaldata-6249672/ By region, South America and Europe led Q3 with eight discoveries each, followed by Asia and Africa with five each News | Oil & Gas Mon, 28 Oct 2019 05:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/28/norway-has-highest-number-of-oil-and-gas-discoveries-in-q3-2019-says-globaldata-6249672/ N-Sea marks $15mn contract awards in 2019 http://www.arabianindustry.com//oil-gas/news/2019/oct/28/n-sea-marks-15mn-contract-awards-in-2019-6249685/ To support the extensive project work, N-Sea has increased its Dubai-based personnel from two employees to ten since April 2019 News | Oil & Gas Mon, 28 Oct 2019 04:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/28/n-sea-marks-15mn-contract-awards-in-2019-6249685/ McDermott awarded fabrication subcontract for Greater Tortue Ahmeyim Natural Gas Project http://www.arabianindustry.com//oil-gas/news/2019/oct/28/mcdermott-awarded-fabrication-subcontract-for-greater-tortue-ahmeyim-natural-gas-project-6249152/ McDermott defines the contract as 'sizeable,' meaning it is worth between $1mn and $50mn News | Oil & Gas Mon, 28 Oct 2019 11:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/28/mcdermott-awarded-fabrication-subcontract-for-greater-tortue-ahmeyim-natural-gas-project-6249152/ SDX Energy begins 12-well drilling campaign targeting 15bcf gas in Morocco http://www.arabianindustry.com//oil-gas/news/2019/oct/28/sdx-energy-begins-12-well-drilling-campaign-targeting-15bcf-gas-in-morocco-6248944/ Seven of the wells are low-risk and close to existing infrastructure, while the five remaining carry a higher risk News | Oil & Gas Mon, 28 Oct 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/28/sdx-energy-begins-12-well-drilling-campaign-targeting-15bcf-gas-in-morocco-6248944/ Libya NOC eyes partnership with Algeria's Sonatrach to boost production http://www.arabianindustry.com//oil-gas/news/2019/oct/27/libya-noc-eyes-partnership-with-algerias-sonatrach-to-boost-production-6248372/ Both parties agreed to form a joint working group to study common points of interest and opportunities for collaboration News | Oil & Gas Sun, 27 Oct 2019 03:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/27/libya-noc-eyes-partnership-with-algerias-sonatrach-to-boost-production-6248372/ Eni discovers new resources in the Gulf of Suez offshore Egypt http://www.arabianindustry.com//oil-gas/news/2019/oct/27/eni-discovers-new-resources-in-the-gulf-of-suez-offshore-egypt-6248385/ A rapid development plan is underway for the discovery with a "fast-track" approach, leveraging on existing infrastructures in the vicinity of the well and maximizing facilities News | Oil & Gas Sun, 27 Oct 2019 03:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/27/eni-discovers-new-resources-in-the-gulf-of-suez-offshore-egypt-6248385/ Petrofac wins three engineering contracts in Oman and Libya http://www.arabianindustry.com//oil-gas/news/2019/oct/27/petrofac-wins-three-engineering-contracts-in-oman-and-libya-6248398/ The contracts cover FEED and conceptualisation studies in both countries News | Oil & Gas Sun, 27 Oct 2019 03:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/27/petrofac-wins-three-engineering-contracts-in-oman-and-libya-6248398/ The World Bank recognises Bahrain among the 10 most improved economies in the world http://www.arabianindustry.com//oil-gas/news/2019/oct/27/the-world-bank-recognises-bahrain-among-the-10-most-improved-economies-in-the-world-6247982/ The nation's foreign direct investment grew from $65mn in 2015 to $1.5bn in 2018 News | Oil & Gas Sun, 27 Oct 2019 10:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/oct/27/the-world-bank-recognises-bahrain-among-the-10-most-improved-economies-in-the-world-6247982/