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, 24 Aug 2019 01:40:09 +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, 24 Aug 2019 01:40:09 +0400 20 Topaz Energy and Marine climbs to Q2 2019 profit http://www.arabianindustry.com//oil-gas/news/2019/aug/22/topaz-energy-and-marine-climbs-to-q2-2019-profit-6185088/ The company's profit rose on increased revenue, compared to a net loss of $1mn in Q2 2018 News | Oil & Gas Thu, 22 Aug 2019 01:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/22/topaz-energy-and-marine-climbs-to-q2-2019-profit-6185088/ BP awards FMS eight-figure North Sea contract http://www.arabianindustry.com//oil-gas/news/2019/aug/22/bp-awards-fms-eight-figure-north-sea-contract-6185101/ The Aberdeen-based company will provide mooring equipment for BP's North Sea operations News | Oil & Gas Thu, 22 Aug 2019 01:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/22/bp-awards-fms-eight-figure-north-sea-contract-6185101/ US has removed 2.7mn barrels per day of Iranian oil from global market, Pompeo says http://www.arabianindustry.com//oil-gas/news/2019/aug/22/us-has-removed-27mn-barrels-per-day-of-iranian-oil-from-global-market-pompeo-says-6184776/ US sanctions against Iran were reimposed in November 2018, and Pompeo says he is confident that the US can continue using this strategy News | Oil & Gas Thu, 22 Aug 2019 10:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/22/us-has-removed-27mn-barrels-per-day-of-iranian-oil-from-global-market-pompeo-says-6184776/ ADNOC awards $78mn Dalma umbilicals contract to Aker Solutions http://www.arabianindustry.com//oil-gas/news/2019/aug/22/adnoc-awards-78mn-dalma-umbilicals-contract-to-aker-solutions-6184620/ Hail, Ghasha and Dalma are fields within ADNOC's sour gas offshore mega-project News | Oil & Gas Thu, 22 Aug 2019 10:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/22/adnoc-awards-78mn-dalma-umbilicals-contract-to-aker-solutions-6184620/ Saudi Aramco awards L&T EPCI project for 28 jackets worth up to $697mn http://www.arabianindustry.com//oil-gas/news/2019/aug/22/saudi-aramco-awards-lt-epci-project-for-28-jackets-worth-up-to-697mn-6184633/ The jackets are for Zuluf, Marjan, Safaniyah and Ribyan offshore fields in Saudi Arabia News | Oil & Gas Thu, 22 Aug 2019 10:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/22/saudi-aramco-awards-lt-epci-project-for-28-jackets-worth-up-to-697mn-6184633/ TAQA produced more than 1mn barrels of oil from Atrush in July 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/22/taqa-produced-more-than-1mn-barrels-of-oil-from-atrush-in-july-2019-6184490/ The current rate of gross production at the Atrush block is approximately 34,000 barrels of oil per day News | Oil & Gas Thu, 22 Aug 2019 09:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/22/taqa-produced-more-than-1mn-barrels-of-oil-from-atrush-in-july-2019-6184490/ Zohr gas production reaches 2.7 bcfd as Eni starts up new pipeline http://www.arabianindustry.com//oil-gas/news/2019/aug/22/zohr-gas-production-reaches-27-bcfd-as-eni-starts-up-new-pipeline-6184503/ The start-up of the 2nd 30” pipeline has enabled the production to reach 2.7 bcfd and paves the way for a potential increase to plateau rate of 3.2 bcfd by the year end News | Oil & Gas Thu, 22 Aug 2019 09:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/22/zohr-gas-production-reaches-27-bcfd-as-eni-starts-up-new-pipeline-6184503/ ADNOC awards $3.6bn procurement contracts for tubing and casing http://www.arabianindustry.com//oil-gas/news/2019/aug/21/adnoc-awards-36bn-procurement-contracts-for-tubing-and-casing-6183983/ The contracts will also see companies commit more than $100mn in foreign direct investment to establish an oil country tubular goods threading plant and repair centre, and a training academy in Abu Dhabi News | Oil & Gas Wed, 21 Aug 2019 05:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/21/adnoc-awards-36bn-procurement-contracts-for-tubing-and-casing-6183983/ New GCC energy construction projects worth $9.2bn in July 2019: BNC http://www.arabianindustry.com//oil-gas/news/2019/aug/21/new-gcc-energy-construction-projects-worth-92bn-in-july-2019-bnc-6183762/ Energy projects made up two-thirds of new projects announced in July 2019 for GCC nations News | Oil & Gas Wed, 21 Aug 2019 02:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/21/new-gcc-energy-construction-projects-worth-92bn-in-july-2019-bnc-6183762/ BP deck operations contract a first for Sparrows Group in UKCS http://www.arabianindustry.com//oil-gas/news/2019/aug/21/bp-deck-operations-contract-a-first-for-sparrows-group-in-ukcs-6183515/ The contract builds on the Aberdeen headquartered company’s existing long-term relationship with the E&P organisation to become a single point of contact for all lifting and handling operations across its Andrew, Clair Ridge, ETAP and Glen Lyon platforms in the region News | Oil & Gas Wed, 21 Aug 2019 02:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/21/bp-deck-operations-contract-a-first-for-sparrows-group-in-ukcs-6183515/ Oxford Flow launches gas regulator valve to increase reliability http://www.arabianindustry.com//oil-gas/news/2019/aug/21/oxford-flow-launches-gas-regulator-valve-to-increase-reliability-6183528/ IM valve to maximise efficiency and reduce maintenance costs News | Oil & Gas Wed, 21 Aug 2019 02:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/21/oxford-flow-launches-gas-regulator-valve-to-increase-reliability-6183528/ Q&A: Churchill Drilling Tools on the greatest opportunities for growth in the oilfield services segment http://www.arabianindustry.com//oil-gas/news/2019/aug/21/qa-churchill-drilling-tools-on-the-greatest-opportunities-for-growth-in-the-oilfield-services-segment-6183541/ Nicholas Kjaer, general manager of Churchill Drilling Tools' operations in the Middle East and Asia, answers our questions about the oilfield services market, and how the company is moving forward in the region News | Oil & Gas Wed, 21 Aug 2019 01:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/21/qa-churchill-drilling-tools-on-the-greatest-opportunities-for-growth-in-the-oilfield-services-segment-6183541/ Iran oil tanker impaired but in stable condition in Red Sea: NITC http://www.arabianindustry.com//oil-gas/news/2019/aug/21/iran-oil-tanker-impaired-but-in-stable-condition-in-red-sea-nitc-6183554/ The National Iranian Tanker Company has reported a technical defect with one of its vessels currently in the Red Sea, but noted that it was in stable condition News | Oil & Gas Wed, 21 Aug 2019 01:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/21/iran-oil-tanker-impaired-but-in-stable-condition-in-red-sea-nitc-6183554/ Galfar wins $16mn subcontract for Ras Markaz Crude Oil Park http://www.arabianindustry.com//oil-gas/news/2019/aug/21/galfar-wins-16mn-subcontract-for-ras-markaz-crude-oil-park-6183359/ The Oman construction builder won the subcontract from China Petroleum Engineering and Construction Corp News | Oil & Gas Wed, 21 Aug 2019 11:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/21/galfar-wins-16mn-subcontract-for-ras-markaz-crude-oil-park-6183359/ Damaged Iraq pipeline in Basra repaired http://www.arabianindustry.com//oil-gas/news/2019/aug/21/damaged-iraq-pipeline-in-basra-repaired-6183372/ The pipeline was damaged when a nearby dry gas pipeline caught fire News | Oil & Gas Wed, 21 Aug 2019 09:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/21/damaged-iraq-pipeline-in-basra-repaired-6183372/ Saudi Aramco asks banks to submit proposals for IPO roles http://www.arabianindustry.com//oil-gas/news/2019/aug/20/saudi-aramco-asks-banks-to-submit-proposals-for-ipo-roles-6182865/ The initial public offering has been delayed multiple times, but appears to be back on track News | Oil & Gas Tue, 20 Aug 2019 05:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/20/saudi-aramco-asks-banks-to-submit-proposals-for-ipo-roles-6182865/ Asia leads global LNG regasification industry with 63% capacity growth from new-build projects by 2023: GlobalData http://www.arabianindustry.com//oil-gas/news/2019/aug/20/asia-leads-global-lng-regasification-industry-with-63-capacity-growth-from-new-build-projects-by-2023-globaldata-6182735/ The Middle East is expected to have the second highest regasification capacity growth globally News | Oil & Gas Tue, 20 Aug 2019 04:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/20/asia-leads-global-lng-regasification-industry-with-63-capacity-growth-from-new-build-projects-by-2023-globaldata-6182735/ PDO launches Green Week initiative in Salalah http://www.arabianindustry.com//oil-gas/news/2019/aug/20/pdo-launches-green-week-initiative-in-salalah-6182423/ PDO is hosting a series of environmental events during the Salalah Festival celebrations News | Oil & Gas Tue, 20 Aug 2019 02:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/20/pdo-launches-green-week-initiative-in-salalah-6182423/ Trump: US doesn't need Middle East oil, calls for "American energy dominance" http://www.arabianindustry.com//oil-gas/news/2019/aug/20/trump-us-doesnt-need-middle-east-oil-calls-for-american-energy-dominance-6181747/ The president of the United States claimed that the US has already achieved energy independence and is seeking dominance in the market News | Oil & Gas Tue, 20 Aug 2019 09:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/20/trump-us-doesnt-need-middle-east-oil-calls-for-american-energy-dominance-6181747/ Gazprom Neft produces its 100-millionth barrel of oil at Iraq's Badra field http://www.arabianindustry.com//oil-gas/news/2019/aug/20/gazprom-neft-produces-its-100-millionth-barrel-of-oil-at-iraqs-badra-field-6181760/ Gazprom Neft subsidiary Gazpromneft-Badra has now produced 13.5mn tonnes, or 100mn barrels, of oil News | Oil & Gas Tue, 20 Aug 2019 09:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/20/gazprom-neft-produces-its-100-millionth-barrel-of-oil-at-iraqs-badra-field-6181760/ Engineering firm Alderley appoints Colin Elcoate as CEO http://www.arabianindustry.com//oil-gas/news/2019/aug/19/engineering-firm-alderley-appoints-colin-elcoate-as-ceo-6181240/ Elcoate has over 25 years of experience in the international energy industry News | Oil & Gas Mon, 19 Aug 2019 04:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/19/engineering-firm-alderley-appoints-colin-elcoate-as-ceo-6181240/ Iran warns against seizure of Adrian Darya 1 supertanker http://www.arabianindustry.com//oil-gas/news/2019/aug/19/iran-warns-against-seizure-of-adrian-darya-1-supertanker-6181253/ Gibraltar refused to hold the tanker for the US, which issued a seizure warrant for the vessel News | Oil & Gas Mon, 19 Aug 2019 02:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/19/iran-warns-against-seizure-of-adrian-darya-1-supertanker-6181253/ UAE condemns Houthi attack on KSA, says security of both nations "indivisible" http://www.arabianindustry.com//oil-gas/news/2019/aug/19/uae-condemns-houthi-attack-on-ksa-says-security-of-both-nations-indivisible-6180733/ The UAE stated full support for any measures taken by Saudi Arabia to ensure the nation's security and to respond to terrorism News | Oil & Gas Mon, 19 Aug 2019 12:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/19/uae-condemns-houthi-attack-on-ksa-says-security-of-both-nations-indivisible-6180733/ DMCA opens maritime registration and licensing centre in Umm Suqeim, Dubai http://www.arabianindustry.com//oil-gas/news/2019/aug/19/dmca-opens-maritime-registration-and-licensing-centre-in-umm-suqeim-dubai-6180460/ The centre is a step towards providing a faster and more simplified approach in applying for marine transport licensing News | Oil & Gas Mon, 19 Aug 2019 11:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/19/dmca-opens-maritime-registration-and-licensing-centre-in-umm-suqeim-dubai-6180460/ Gibraltar will not hand over Iranian oil supertanker to US http://www.arabianindustry.com//oil-gas/news/2019/aug/19/gibraltar-will-not-hand-over-iranian-oil-supertanker-to-us-6180473/ The British-controlled nation says that while the tanker may have violated US sanctions, it has not violated those set by the European Union News | Oil & Gas Mon, 19 Aug 2019 10:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/19/gibraltar-will-not-hand-over-iranian-oil-supertanker-to-us-6180473/ OPEC cuts forecast for oil demand growth in 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/18/opec-cuts-forecast-for-oil-demand-growth-in-2019-6180135/ The change comes as the US-China trade war continues and economies slow News | Oil & Gas Sun, 18 Aug 2019 05:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/18/opec-cuts-forecast-for-oil-demand-growth-in-2019-6180135/ Emarat appoints Ali Khalifa Al Shamsi as new director-general http://www.arabianindustry.com//oil-gas/news/2019/aug/18/emarat-appoints-ali-khalifa-al-shamsi-as-new-director-general-6180148/ Al Shamsi previously led ADNOC Group's Al Yasat Petroleum and served as the chairman of ADIPEC News | Oil & Gas Sun, 18 Aug 2019 04:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/18/emarat-appoints-ali-khalifa-al-shamsi-as-new-director-general-6180148/ Upwing Energy awarded 10 patents for downhole rotating device technologies http://www.arabianindustry.com//oil-gas/news/2019/aug/18/upwing-energy-awarded-10-patents-for-downhole-rotating-device-technologies-6179914/ Upwing Energy currently holds 13 U.S. patents and has filed 43 U.S. and 16 foreign patent applications to date News | Oil & Gas Sun, 18 Aug 2019 04:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/18/upwing-energy-awarded-10-patents-for-downhole-rotating-device-technologies-6179914/ Saudi Aramco Shaybah gas plant hit in Houthi drone attack http://www.arabianindustry.com//oil-gas/news/2019/aug/18/saudi-aramco-shaybah-gas-plant-hit-in-houthi-drone-attack-6179095/ The company said it quickly contained a small fire, and that the attack did not cause significant damage or injuries News | Oil & Gas Sun, 18 Aug 2019 10:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/18/saudi-aramco-shaybah-gas-plant-hit-in-houthi-drone-attack-6179095/ Weatherford's automated connection integrity tool Vero completes 50 runs http://www.arabianindustry.com//oil-gas/news/2019/aug/18/weatherfords-automated-connection-integrity-tool-vero-completes-50-runs-6179108/ The technology has completed 15,000 tubular connections in 50 operations since its launch News | Oil & Gas Sun, 18 Aug 2019 10:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/18/weatherfords-automated-connection-integrity-tool-vero-completes-50-runs-6179108/ Middle East gas production to surpass Russia in 2019: Rystad Energy http://www.arabianindustry.com//oil-gas/news/2019/aug/18/middle-east-gas-production-to-surpass-russia-in-2019-rystad-energy-6178978/ Production in the region is expected to hit 920bn cubic metres by 2030 News | Oil & Gas Sun, 18 Aug 2019 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/18/middle-east-gas-production-to-surpass-russia-in-2019-rystad-energy-6178978/ Biral launches new capabilities for SWS visibility and weather sensors http://www.arabianindustry.com//oil-gas/news/2019/aug/18/biral-launches-new-capabilities-for-sws-visibility-and-weather-sensors-6178991/ The product is primarily used in offshore applications, and now features hard anodising as an option News | Oil & Gas Sun, 18 Aug 2019 09:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/18/biral-launches-new-capabilities-for-sws-visibility-and-weather-sensors-6178991/ Well-Safe Solutions awards two multimillion dollar contracts to transform the well-safe guardian http://www.arabianindustry.com//oil-gas/news/2019/aug/15/well-safe-solutions-awards-two-multimillion-dollar-contracts-to-transform-the-well-safe-guardian-6178185/ The Well-Safe Guardian was the decommissioning company’s first asset News | Oil & Gas Thu, 15 Aug 2019 01:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/15/well-safe-solutions-awards-two-multimillion-dollar-contracts-to-transform-the-well-safe-guardian-6178185/ Revealed: Shortlists for all 16 categories at the 2019 Middle East Energy Awards http://www.arabianindustry.com//oil-gas/news/2019/aug/15/revealed-shortlists-for-all-16-categories-at-the-2019-middle-east-energy-awards-6177795/ This year, nominations surged by 70%, representing a wider range of companies and countries than ever before News | Oil & Gas Thu, 15 Aug 2019 10:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/15/revealed-shortlists-for-all-16-categories-at-the-2019-middle-east-energy-awards-6177795/ Morocco-focused Sound Energy makes board changes amid restructuring http://www.arabianindustry.com//oil-gas/news/2019/aug/15/morocco-focused-sound-energy-makes-board-changes-amid-restructuring-6177639/ The company failed to achieve a commercial flow rate in its Eastern Morocco site, and expects to reduce its expenses by more than 50% News | Oil & Gas Thu, 15 Aug 2019 10:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/15/morocco-focused-sound-energy-makes-board-changes-amid-restructuring-6177639/ Tube Tech International launches next generation cleaning robot http://www.arabianindustry.com//oil-gas/news/2019/aug/15/tube-tech-international-launches-next-generation-cleaning-robot-6177652/ A defining feature is the system’s ability to record videos and images of blockages, concerns and the cleaning taking place whilst automatically adjusting to warped tubes News | Oil & Gas Thu, 15 Aug 2019 09:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/15/tube-tech-international-launches-next-generation-cleaning-robot-6177652/ Output from Egypt's giant Zohr gas field more than tripled in H1 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/15/output-from-egypts-giant-zohr-gas-field-more-than-tripled-in-h1-2019-6177665/ Zohr, the largest gas field in the Mediterranean, is a concession between Italian Eni S.p.A. (50%), Rosneft (30%), British BP (10%), and Mubadala Petroleum (10%) News | Oil & Gas Thu, 15 Aug 2019 09:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/15/output-from-egypts-giant-zohr-gas-field-more-than-tripled-in-h1-2019-6177665/ Reliance stake sale to Saudi Aramco and BP will reduce leverage, a credit positive: Moody's http://www.arabianindustry.com//oil-gas/news/2019/aug/15/reliance-stake-sale-to-saudi-aramco-and-bp-will-reduce-leverage-a-credit-positive-moodys-6177678/ Stake sales are in line with the company's plan to reduce net debt to zero by March 2021 News | Oil & Gas Thu, 15 Aug 2019 09:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/15/reliance-stake-sale-to-saudi-aramco-and-bp-will-reduce-leverage-a-credit-positive-moodys-6177678/ Shortlist revealed: Young Energy Professional of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/shortlist-revealed-young-energy-professional-of-the-year-at-the-middle-east-energy-awards-2019-6177262/ These young professionals have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Wed, 14 Aug 2019 04:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/shortlist-revealed-young-energy-professional-of-the-year-at-the-middle-east-energy-awards-2019-6177262/ Shortlist revealed: Utilities Project of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/shortlist-revealed-utilities-project-of-the-year-at-the-middle-east-energy-awards-2019-6177275/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Wed, 14 Aug 2019 04:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/shortlist-revealed-utilities-project-of-the-year-at-the-middle-east-energy-awards-2019-6177275/ Shortlist revealed: Upstream Project of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/shortlist-revealed-upstream-project-of-the-year-at-the-middle-east-energy-awards-2019-6177288/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Wed, 14 Aug 2019 04:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/shortlist-revealed-upstream-project-of-the-year-at-the-middle-east-energy-awards-2019-6177288/ Shortlist revealed: Talent Development Initiative of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/shortlist-revealed-talent-development-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6177301/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Wed, 14 Aug 2019 04:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/shortlist-revealed-talent-development-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6177301/ TAQA H1 2019 revenue up 5%, led by oil and gas business http://www.arabianindustry.com//oil-gas/news/2019/aug/14/taqa-h1-2019-revenue-up-5-led-by-oil-and-gas-business-6176625/ The oil and gas unit of TAQA saw an 11% increase in revenue, due to increased production volumes out of Europe and Iraq News | Oil & Gas Wed, 14 Aug 2019 11:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/taqa-h1-2019-revenue-up-5-led-by-oil-and-gas-business-6176625/ Oil market outlook "gloomy": Rystad Energy http://www.arabianindustry.com//oil-gas/news/2019/aug/14/oil-market-outlook-gloomy-rystad-energy-6176404/ Geopolitical issues, economic recession risk and OPEC+ are adding uncertainty to the market, Rystad Energy says News | Oil & Gas Wed, 14 Aug 2019 10:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/oil-market-outlook-gloomy-rystad-energy-6176404/ Oil prices stumble on geopolitical tensions, international trade disputes: IEA http://www.arabianindustry.com//oil-gas/news/2019/aug/14/oil-prices-stumble-on-geopolitical-tensions-international-trade-disputes-iea-6176417/ The International Energy Agency says the future is uncertain as geopolitical tensions loom and oil demand growth estimates are cut back News | Oil & Gas Wed, 14 Aug 2019 10:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/14/oil-prices-stumble-on-geopolitical-tensions-international-trade-disputes-iea-6176417/ Shortlist revealed: Digital Enabler of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/13/shortlist-revealed-digital-enabler-of-the-year-at-the-middle-east-energy-awards-2019-6176196/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Tue, 13 Aug 2019 03:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/13/shortlist-revealed-digital-enabler-of-the-year-at-the-middle-east-energy-awards-2019-6176196/ Saudi Aramco net income drops to $46.9bn in H1 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/13/saudi-aramco-net-income-drops-to-469bn-in-h1-2019-6176352/ The oil giant for the first time held an earnings call to reveal its financial results for the first half of 2019 News | Oil & Gas Tue, 13 Aug 2019 09:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/13/saudi-aramco-net-income-drops-to-469bn-in-h1-2019-6176352/ Dana Gas reports 483% increase in H1 2019 net profit to $140mn http://www.arabianindustry.com//oil-gas/news/2019/aug/12/dana-gas-reports-483-increase-in-h1-2019-net-profit-to-140mn-6176430/ The company has seen growing production and revenue out of the Kurdistan Region of Iraq, and independent certification raised its share of hydrocarbon reserves in KRI by 10% to over 1bn barrels of oil equivalent News | Oil & Gas Mon, 12 Aug 2019 10:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/12/dana-gas-reports-483-increase-in-h1-2019-net-profit-to-140mn-6176430/ Saudi Aramco to buy 20% stake in Reliance refining arm for $15bn http://www.arabianindustry.com//oil-gas/news/2019/aug/12/saudi-aramco-to-buy-20-stake-in-reliance-refining-arm-for-15bn-6176339/ The deal would be among the largest foreign investments made in India, and would support Saudi Aramco's push to expand into the Asian downstream market News | Oil & Gas Mon, 12 Aug 2019 09:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/12/saudi-aramco-to-buy-20-stake-in-reliance-refining-arm-for-15bn-6176339/ ADNOC to acquire 10% stake in storage terminal company VTTI http://www.arabianindustry.com//oil-gas/news/2019/aug/11/adnoc-to-acquire-10-stake-in-storage-terminal-company-vtti-6175637/ The company has made a concerted effort to grow its downstream portfolio and to foster cooperation with international partners News | Oil & Gas Sun, 11 Aug 2019 11:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/11/adnoc-to-acquire-10-stake-in-storage-terminal-company-vtti-6175637/ $859bn ongoing and planned energy projects in the MENA region to meet rising demand http://www.arabianindustry.com//oil-gas/news/2019/aug/11/859bn-ongoing-and-planned-energy-projects-in-the-mena-region-to-meet-rising-demand-6176326/ Saudi Arabia, Kuwait and UAE lead the way with strategic investments designed to maximise value and open up new revenue streams News | Oil & Gas Sun, 11 Aug 2019 10:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/11/859bn-ongoing-and-planned-energy-projects-in-the-mena-region-to-meet-rising-demand-6176326/ Shortlist revealed: Technical Innovation of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/8/shortlist-revealed-technical-innovation-of-the-year-at-the-middle-east-energy-awards-2019-6174350/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Thu, 08 Aug 2019 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/8/shortlist-revealed-technical-innovation-of-the-year-at-the-middle-east-energy-awards-2019-6174350/ Shortlist revealed: Talent Development Initiative of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/8/shortlist-revealed-talent-development-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6174246/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Thu, 08 Aug 2019 09:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/8/shortlist-revealed-talent-development-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6174246/ Shortlist revealed: Operational Excellence Strategy of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/8/shortlist-revealed-operational-excellence-strategy-of-the-year-at-the-middle-east-energy-awards-2019-6174259/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Thu, 08 Aug 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/8/shortlist-revealed-operational-excellence-strategy-of-the-year-at-the-middle-east-energy-awards-2019-6174259/ Shortlist revealed: Oilfield Services Company of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/shortlist-revealed-oilfield-services-company-of-the-year-at-the-middle-east-energy-awards-2019-6173609/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Wed, 07 Aug 2019 02:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/shortlist-revealed-oilfield-services-company-of-the-year-at-the-middle-east-energy-awards-2019-6173609/ Shortlist revealed: Logistics Service Provider of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/shortlist-revealed-logistics-service-provider-of-the-year-at-the-middle-east-energy-awards-2019-6173622/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Wed, 07 Aug 2019 02:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/shortlist-revealed-logistics-service-provider-of-the-year-at-the-middle-east-energy-awards-2019-6173622/ Shortlist revealed: HSE Initiative of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/shortlist-revealed-hse-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6173466/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Wed, 07 Aug 2019 02:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/shortlist-revealed-hse-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6173466/ Shortlist revealed: CSR Initiative of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/shortlist-revealed-csr-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6173479/ These women have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Wed, 07 Aug 2019 01:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/shortlist-revealed-csr-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6173479/ ENOC becomes first energy company to win the SPLC award for sustainable business practices http://www.arabianindustry.com//oil-gas/news/2019/aug/7/enoc-becomes-first-energy-company-to-win-the-splc-award-for-sustainable-business-practices-6173349/ The group's energy & resource management (E&RM) policy introduced in 2008 generated savings of $3.05mn in 2018 News | Oil & Gas Wed, 07 Aug 2019 11:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/enoc-becomes-first-energy-company-to-win-the-splc-award-for-sustainable-business-practices-6173349/ Ruler of Fujairah emphasises emirate's role in attracting oil investors http://www.arabianindustry.com//oil-gas/news/2019/aug/7/ruler-of-fujairah-emphasises-emirates-role-in-attracting-oil-investors-6173362/ The emirate's strategic location and well developed infrastructure has seen energy companies invest in this storage hub News | Oil & Gas Wed, 07 Aug 2019 10:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/ruler-of-fujairah-emphasises-emirates-role-in-attracting-oil-investors-6173362/ National Iranian Gas Company to start up 40 major projects by March 2020 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/national-iranian-gas-company-to-start-up-40-major-projects-by-march-2020-6173115/ The projects include 830km of pipelines and 25 gas compressors News | Oil & Gas Wed, 07 Aug 2019 10:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/7/national-iranian-gas-company-to-start-up-40-major-projects-by-march-2020-6173115/ Shortlist: Downstream Project of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/shortlist-downstream-project-of-the-year-at-the-middle-east-energy-awards-2019-6172764/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Tue, 06 Aug 2019 04:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/shortlist-downstream-project-of-the-year-at-the-middle-east-energy-awards-2019-6172764/ Shortlist: CSR Initiative of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/shortlist-csr-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6172660/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Tue, 06 Aug 2019 03:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/shortlist-csr-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6172660/ Shortlist: Clean Energy Initiative of the Year at the Middle East Energy Awards 2019 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/shortlist-clean-energy-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6172673/ These companies have made it through the first hurdle on the way to the Middle East Energy Awards News | Oil & Gas Tue, 06 Aug 2019 02:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/shortlist-clean-energy-initiative-of-the-year-at-the-middle-east-energy-awards-2019-6172673/ AVEVA launches unified operations centre http://www.arabianindustry.com//oil-gas/news/2019/aug/6/aveva-launches-unified-operations-centre-6171984/ The technology is already in use by companies including ADNOC, which uses it to unify data from its group companies in one central location News | Oil & Gas Tue, 06 Aug 2019 11:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/aveva-launches-unified-operations-centre-6171984/ Iraq and Kuwait sign agreement to explore border oil field opportunities http://www.arabianindustry.com//oil-gas/news/2019/aug/6/iraq-and-kuwait-sign-agreement-to-explore-border-oil-field-opportunities-6171750/ The pair signed an agreement with ERC Equipoise to prepare studies for two shared oil fields, Rumaila South Rataqa and Safwan Al Abdali News | Oil & Gas Tue, 06 Aug 2019 10:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/iraq-and-kuwait-sign-agreement-to-explore-border-oil-field-opportunities-6171750/ Khalifa Industrial Zone Abu Dhabi cuts fees for 75% of its services http://www.arabianindustry.com//oil-gas/news/2019/aug/6/khalifa-industrial-zone-abu-dhabi-cuts-fees-for-75-of-its-services-6171763/ The Abu Dhabi Ports subsidiary is attempting to encourage further investment into the emirate by waiving fees for most of its services News | Oil & Gas Tue, 06 Aug 2019 10:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/khalifa-industrial-zone-abu-dhabi-cuts-fees-for-75-of-its-services-6171763/ Motive Offshore launches new division to address industry talent gap http://www.arabianindustry.com//oil-gas/news/2019/aug/6/motive-offshore-launches-new-division-to-address-industry-talent-gap-6171776/ Motive Personnel will provide offshore technicians to the company's global customer base News | Oil & Gas Tue, 06 Aug 2019 10:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/motive-offshore-launches-new-division-to-address-industry-talent-gap-6171776/ Intelligent workflow company FNVi secures major Middle East contract http://www.arabianindustry.com//oil-gas/news/2019/aug/6/intelligent-workflow-company-fnvi-secures-major-middle-east-contract-6171672/ The ACCORD system will be used on a 'major project' in the region to manage, sort and share project data News | Oil & Gas Tue, 06 Aug 2019 09:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/6/intelligent-workflow-company-fnvi-secures-major-middle-east-contract-6171672/ Iran's NIOC signs $5bn research deals to start 'new generation of exploration' http://www.arabianindustry.com//oil-gas/news/2019/aug/5/irans-nioc-signs-5bn-research-deals-to-start-new-generation-of-exploration-6170905/ The director of NIOC's exploration department called it a new generation of exploration activities in Iran's northeast region News | Oil & Gas Mon, 05 Aug 2019 12:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/5/irans-nioc-signs-5bn-research-deals-to-start-new-generation-of-exploration-6170905/ National Energy Services Reunited wins $600mn contracts in Saudi Arabia http://www.arabianindustry.com//oil-gas/news/2019/aug/4/national-energy-services-reunited-wins-600mn-contracts-in-saudi-arabia-6169670/ The contracts include coiled tubing & N2, stimulation services and cementing services for five years News | Oil & Gas Sun, 04 Aug 2019 09:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/4/national-energy-services-reunited-wins-600mn-contracts-in-saudi-arabia-6169670/ Churchill darts save major operator a wellhead jetting trip http://www.arabianindustry.com//oil-gas/news/2019/aug/1/churchill-darts-save-major-operator-a-wellhead-jetting-trip-6168383/ • North Sea operator cleans wellhead base debris in one hour and avoids a dedicated clean out run News | Oil & Gas Thu, 01 Aug 2019 02:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/1/churchill-darts-save-major-operator-a-wellhead-jetting-trip-6168383/ Terra Drone Europe conducts oil rig platform survey and 3D modeling for Shell http://www.arabianindustry.com//oil-gas/news/2019/aug/1/terra-drone-europe-conducts-oil-rig-platform-survey-and-3d-modeling-for-shell-6168396/ Using modern GNSS techniques, the location of each and every asset on the rig platform was determined to facilitate accurate drill rig positioning News | Oil & Gas Thu, 01 Aug 2019 02:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/1/terra-drone-europe-conducts-oil-rig-platform-survey-and-3d-modeling-for-shell-6168396/ OPEC oil output hit eight-year low in July: Reuters survey http://www.arabianindustry.com//oil-gas/news/2019/aug/1/opec-oil-output-hit-eight-year-low-in-july-reuters-survey-6168227/ Saudi Arabia was responsible for the bulk of the drop, with production from the nation sitting approximately 660,000bpd lower than the quota agreed upon by OPEC News | Oil & Gas Thu, 01 Aug 2019 12:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/1/opec-oil-output-hit-eight-year-low-in-july-reuters-survey-6168227/ Sabotage at Sharara halts production from Libya's largest oil field http://www.arabianindustry.com//oil-gas/news/2019/aug/1/sabotage-at-sharara-halts-production-from-libyas-largest-oil-field-6168188/ Libya NOC has reinstated force majeure on crude oil loadings at Zawiya port following the illegal closure of a pipeline valve blocking crude oil supply from Sharara News | Oil & Gas Thu, 01 Aug 2019 11:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/aug/1/sabotage-at-sharara-halts-production-from-libyas-largest-oil-field-6168188/ Sphera to acquire sustainability software company thinkstep http://www.arabianindustry.com//oil-gas/news/2019/jul/31/sphera-to-acquire-sustainability-software-company-thinkstep-6167408/ The acquisition will allow users to mix and match different sustainability and product stewardship tools to meet their individual needs News | Oil & Gas Wed, 31 Jul 2019 03:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/31/sphera-to-acquire-sustainability-software-company-thinkstep-6167408/ Eni and BP sign exploration and production sharing agreement onshore Oman http://www.arabianindustry.com//oil-gas/news/2019/jul/31/eni-and-bp-sign-exploration-and-production-sharing-agreement-onshore-oman-6167096/ During the exploration phase, Eni and BP will each hold a 50% interest in the agreement for Block 77, with Eni acting as the operator News | Oil & Gas Wed, 31 Jul 2019 01:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/31/eni-and-bp-sign-exploration-and-production-sharing-agreement-onshore-oman-6167096/ Eni closes $3.24bn acquisition of 20% equity interest in ADNOC Refining http://www.arabianindustry.com//oil-gas/news/2019/jul/31/eni-closes-324bn-acquisition-of-20-equity-interest-in-adnoc-refining-6167109/ The operation, which will cost the company approximately $3.24bn, represents a 35% increase in Eni's refining capacity News | Oil & Gas Wed, 31 Jul 2019 01:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/31/eni-closes-324bn-acquisition-of-20-equity-interest-in-adnoc-refining-6167109/ WFS appoints new chief technology officer http://www.arabianindustry.com//oil-gas/news/2019/jul/31/wfs-appoints-new-chief-technology-officer-6167070/ Jim Darroch, who has worked with Honeywell and Emerosn in the past, will lead the subsea IoT company's product vision and roadmap News | Oil & Gas Wed, 31 Jul 2019 01:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/31/wfs-appoints-new-chief-technology-officer-6167070/ Mubadala assets under management hit $229bn http://www.arabianindustry.com//oil-gas/news/2019/jul/31/mubadala-assets-under-management-hit-229bn-6166914/ The company made $19bn worth of new investments in 2018, primarily in the technology sector News | Oil & Gas Wed, 31 Jul 2019 10:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/31/mubadala-assets-under-management-hit-229bn-6166914/ Oman's Renaissance Services approves DP World acquisition of Topaz Energy http://www.arabianindustry.com//oil-gas/news/2019/jul/31/omans-renaissance-services-approves-dp-world-acquisition-of-topaz-energy-6166745/ Shareholders of Renaissance Services approved a deal to sell an 86.5% stake in the company to DP World News | Oil & Gas Wed, 31 Jul 2019 10:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/31/omans-renaissance-services-approves-dp-world-acquisition-of-topaz-energy-6166745/ Dana Gas considering sale of Egypt assets http://www.arabianindustry.com//oil-gas/news/2019/jul/31/dana-gas-considering-sale-of-egypt-assets-6166628/ This comes as the company seeks to focus on its assets in the Kurdistan Region of Iraq, where the majority of its reserves are located News | Oil & Gas Wed, 31 Jul 2019 09:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/31/dana-gas-considering-sale-of-egypt-assets-6166628/ Singapore's GIC to invest $600mn in ADNOC's pipeline infrastructure http://www.arabianindustry.com//oil-gas/news/2019/jul/30/singapores-gic-to-invest-600mn-in-adnocs-pipeline-infrastructure-6166095/ Singaporean sovereign wealth fund purchased a 6% stake in ADNOC Oil Pipelines, joining KKR and BlackRock News | Oil & Gas Tue, 30 Jul 2019 04:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/30/singapores-gic-to-invest-600mn-in-adnocs-pipeline-infrastructure-6166095/ Oilfield services employment shifts towards offshore http://www.arabianindustry.com//oil-gas/news/2019/jul/30/oilfield-services-employment-shifts-towards-offshore-6166108/ Rystad Energy has found that employment in the oilfield service industry is shifting towards offshore News | Oil & Gas Tue, 30 Jul 2019 04:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/30/oilfield-services-employment-shifts-towards-offshore-6166108/ McDermott sees "record-setting" backlog and new awards in Q2 2019 http://www.arabianindustry.com//oil-gas/news/2019/jul/30/mcdermott-sees-record-setting-backlog-and-new-awards-in-q2-2019-6165939/ Major wins from Saudi Aramco and ADNOC padded the company's new awards in the quarter and led it to MENA revenues of $399mn News | Oil & Gas Tue, 30 Jul 2019 03:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/30/mcdermott-sees-record-setting-backlog-and-new-awards-in-q2-2019-6165939/ Kuwait reports $60.7bn oil revenue in fiscal year 2018 http://www.arabianindustry.com//oil-gas/news/2019/jul/30/kuwait-reports-607bn-oil-revenue-in-fiscal-year-2018-6165692/ The nation saw a 29% jump in its oil revenue, along with a 24% boost in its non-oil revenue News | Oil & Gas Tue, 30 Jul 2019 02:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/30/kuwait-reports-607bn-oil-revenue-in-fiscal-year-2018-6165692/ Eni posts $2.54bn loss for Q2 2019 http://www.arabianindustry.com//oil-gas/news/2019/jul/30/eni-posts-254bn-loss-for-q2-2019-6165549/ Eni posts $2.54bn loss for Q2 2019 News | Oil & Gas Tue, 30 Jul 2019 02:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/30/eni-posts-254bn-loss-for-q2-2019-6165549/ Exchange of detained UK and Iranian vessels "impossible": Iran ambassador to UK http://www.arabianindustry.com//oil-gas/news/2019/jul/30/exchange-of-detained-uk-and-iranian-vessels-impossible-iran-ambassador-to-uk-6165133/ Iran seized the UK-flagged Stena Impero on 19 July for what it says was a violation of maritime regulations News | Oil & Gas Tue, 30 Jul 2019 09:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/30/exchange-of-detained-uk-and-iranian-vessels-impossible-iran-ambassador-to-uk-6165133/ SABIC Q2 profit plunges 68% on lower petrochemical prices http://www.arabianindustry.com//oil-gas/news/2019/jul/29/sabic-q2-profit-plunges-68-on-lower-petrochemical-prices-6164106/ Saudi Aramco is in the process of purchasing a 70% stake in the company News | Oil & Gas Mon, 29 Jul 2019 11:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/29/sabic-q2-profit-plunges-68-on-lower-petrochemical-prices-6164106/ ADNOC awards NPCC and Petrofac JV offshore FEED contract http://www.arabianindustry.com//oil-gas/news/2019/jul/28/adnoc-awards-npcc-and-petrofac-jv-offshore-feed-contract-6163222/ The scope of work includes the submission of a FEED package and proposal for the engineering, procurement, construction and installation of the facilities, with the execution of the EPCI work to be awarded on a design competition basis. News | Oil & Gas Sun, 28 Jul 2019 04:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/adnoc-awards-npcc-and-petrofac-jv-offshore-feed-contract-6163222/ Middle East Energy Awards 2019 sees 70% surge in nominations http://www.arabianindustry.com//oil-gas/news/2019/jul/28/middle-east-energy-awards-2019-sees-70-surge-in-nominations-6163001/ The nominations submitted are not only greater in quantity, but encompass a wider range of companies across the GCC News | Oil & Gas Sun, 28 Jul 2019 03:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/middle-east-energy-awards-2019-sees-70-surge-in-nominations-6163001/ Dana Gas plugs offshore Egypt Merak-1 well failing commercial discovery http://www.arabianindustry.com//oil-gas/news/2019/jul/28/dana-gas-plugs-offshore-egypt-merak-1-well-failing-commercial-discovery-6163014/ Block six contains three other independent prospects, the potential of which are "unaffected by the Merak-1 well result," according to Dana Gas News | Oil & Gas Sun, 28 Jul 2019 03:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/dana-gas-plugs-offshore-egypt-merak-1-well-failing-commercial-discovery-6163014/ Dana Gas share of Khor Mor and Chemchemal reserves up 10% http://www.arabianindustry.com//oil-gas/news/2019/jul/28/dana-gas-share-of-khor-mor-and-chemchemal-reserves-up-10-6162767/ The company's two new gas production trains are expected to generate $350mn to $400mn of annual revenues to Dana Gas in 2023 News | Oil & Gas Sun, 28 Jul 2019 03:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/dana-gas-share-of-khor-mor-and-chemchemal-reserves-up-10-6162767/ Venue announced: Play Restaurant & Lounge, The H Dubai, to host 2019 Middle East Energy Awards http://www.arabianindustry.com//oil-gas/news/2019/jul/28/venue-announced-play-restaurant-lounge-the-h-dubai-to-host-2019-middle-east-energy-awards-6162494/ Middle East Energy Awards will take place on 18 September in Dubai, UAE News | Oil & Gas Sun, 28 Jul 2019 01:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/venue-announced-play-restaurant-lounge-the-h-dubai-to-host-2019-middle-east-energy-awards-6162494/ Emerson’s Flow Lifecycle Service Center Earns ISO/IEC 17025 Certification http://www.arabianindustry.com//oil-gas/news/2019/jul/28/emersons-flow-lifecycle-service-center-earns-isoiec-17025-certification-6162507/ Dubai-based Lifecycle Service Center offers internationally certified calibration, repair, and analysis services News | Oil & Gas Sun, 28 Jul 2019 12:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/emersons-flow-lifecycle-service-center-earns-isoiec-17025-certification-6162507/ Wintershall DEA expands presence in Egypt with $500mn investment http://www.arabianindustry.com//oil-gas/news/2019/jul/28/wintershall-dea-expands-presence-in-egypt-with-500mn-investment-6162221/ Investments in the company’s Egyptian oil and gas business have led to a boost in production News | Oil & Gas Sun, 28 Jul 2019 10:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/wintershall-dea-expands-presence-in-egypt-with-500mn-investment-6162221/ Force majeure lifted on Sharara crude oil loading from Zawiya port http://www.arabianindustry.com//oil-gas/news/2019/jul/28/force-majeure-lifted-on-sharara-crude-oil-loading-from-zawiya-port-6162234/ Production has resumed and all valves across the pipeline are now open News | Oil & Gas Sun, 28 Jul 2019 10:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/force-majeure-lifted-on-sharara-crude-oil-loading-from-zawiya-port-6162234/ Libya NOC and CNPC explore cooperation and investment opportunities http://www.arabianindustry.com//oil-gas/news/2019/jul/28/libya-noc-and-cnpc-explore-cooperation-and-investment-opportunities-6162247/ The pair could soon sign a memorandum of understanding for future collaboration News | Oil & Gas Sun, 28 Jul 2019 10:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/libya-noc-and-cnpc-explore-cooperation-and-investment-opportunities-6162247/ Russian embassy officials meet crew of seized UK tanker Stena Impero http://www.arabianindustry.com//oil-gas/news/2019/jul/28/russian-embassy-officials-meet-crew-of-seized-uk-tanker-stena-impero-6162260/ Three Russian crew members are aboard the UK-flagged oil tanker, which was seized last Friday in the Strait of Hormuz News | Oil & Gas Sun, 28 Jul 2019 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/28/russian-embassy-officials-meet-crew-of-seized-uk-tanker-stena-impero-6162260/ UN pays $270mn compensation to Kuwait government http://www.arabianindustry.com//oil-gas/news/2019/jul/25/un-pays-270mn-compensation-to-kuwait-government-6160856/ The United Nations Compensation Comission compensated Kuwait's government with $270mn for the 1990 invasion by Iraq News | Oil & Gas Thu, 25 Jul 2019 12:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jul/25/un-pays-270mn-compensation-to-kuwait-government-6160856/