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. Sat, 20 Oct 2018 12:13:13 +0400 Arabian Industry - Oil & Gas 144 16 en ITP Digital Ltd. 2018 (webmaster) Sat, 20 Oct 2018 12:13:13 +0400 20 Saudi Aramco boosts export capacity of Yanbu South Terminal The facility’s integration with the existing crude oil supply network adds 3mn barrels per day to Saudi Aramco’s export capacity through the West Coast News | Oil & Gas Wed, 17 Oct 2018 04:00:30 +0400 Carlyle Group to acquire energy and infrastructure services company EnerMech Group EnerMech plans to double its business in the next five years News | Oil & Gas Wed, 17 Oct 2018 08:45:15 +0400 OMV and Schlumberger sign MoU for digital solutions OMV says the collaboration would give them early access to new technology, and would enhance their position in certain areas. News | Oil & Gas Wed, 17 Oct 2018 08:15:45 +0400 Saudi Aramco continues push to expand downstream segment The giant company sees the importance of strengthening its downstream offering, with recent and planned investments into the segment. News | Oil & Gas Tue, 16 Oct 2018 08:00:00 +0400 Emerson to acquire GE automation division Intelligent Platforms Intelligent Platforms had 2017 sales of $210mn and focuses on machine control, industrial computing, input/output and networking. News | Oil & Gas Sun, 14 Oct 2018 12:15:30 +0400 EIA boosts price forecast for Brent and WTI crude oil in 2019 The Permian region, OPEC production, US sanctions on Iran and Venezuela all have roles to play in determining future oil prices. News | Oil & Gas Thu, 11 Oct 2018 09:00:45 +0400 Saudi Aramco and Bahrain Petroleum Company commission 112km pipeline The new pipeline is capable of transporting up to 350 thousand barrels per day of crude oil. News | Oil & Gas Wed, 10 Oct 2018 03:30:30 +0400 EOR will grow and change in an era of recovery and technological advancement In the midst of recovering oil prices, EOR is set for a big boost thanks to Big Data News | Oil & Gas Wed, 10 Oct 2018 10:00:00 +0400 BHGE buys 5% stake in ADNOC Drilling The deal values ADNOC Drilling at $11bn. News | Oil & Gas Mon, 08 Oct 2018 12:30:00 +0400 Saudi Arambo IPO to go forward, says Crown Prince Mohammed bin Salman In a conversation with Bloomberg News, Prince Mohammed bin Salman said Saudi Aramco is worth $2tn or more. News | Oil & Gas Mon, 08 Oct 2018 08:45:45 +0400 Crown Prince Mohammed bin Salman comments on oil price and cooperation with Kuwait The Saudi prince spoke to Bloomberg News about the country's relationship with Trump, the oil price and recent discussions with Kuwait's government. News | Oil & Gas Sun, 07 Oct 2018 08:30:30 +0400 Why $100 oil might not happen this year Amidst forecasts of $100 per barrel oil, a set of complex circumstances could lead to a sharp market correction. News | Oil & Gas Thu, 04 Oct 2018 10:00:00 +0400 Saudi Aramco's Sami Al-Nuaim will lead the Society of Petroleum Engineers in 2019 "I want to show the world that we are a major factor in the solution to both environmental and social development challenges facing our world today," he said. News | Oil & Gas Thu, 04 Oct 2018 08:30:00 +0400 Tendeka launches new suite of applications to cut costs, time and environmental risk The applications aim to reduce water use and pumping time during completion in shale plays. News | Oil & Gas Wed, 03 Oct 2018 02:45:45 +0400 Rex International to keep stake in Oman offshore block The project is moving according to plan and is expected to achieve production in 2019. News | Oil & Gas Wed, 03 Oct 2018 11:15:00 +0400 Fuse terminal blocks up to 1000 V The fuse holder is ideal for demanding standard applications News | Oil & Gas Wed, 03 Oct 2018 10:30:30 +0400 Configure and order customised connectors online Look through countless combination options under Phoenix Contact's heavy-duty connector product range News | Oil & Gas Wed, 03 Oct 2018 10:30:00 +0400 New CBMC device circuit breaker versions The new version allows for greater diagnostic and control options. News | Oil & Gas Wed, 03 Oct 2018 10:15:30 +0400 Phoenix Contact releases new, high-performance WLAN module It will replace the FL WLAN 5100. News | Oil & Gas Wed, 03 Oct 2018 10:15:00 +0400 SubseaDesign gets sole rights to market TVO’s patented Tethered BOP design The Tethered BOP system arrests the motion of the BOP stack above the wellhead, substantially reducing wellhead cyclic stresses and enhancing fatigue life News | Oil & Gas Tue, 02 Oct 2018 09:00:30 +0400 Saudi Aramco will focus on nonmetallic materials for company growth Saudi Aramco Vice President of Engineering Services Abdullah Al-Baiz said the proactive corrosion management approach was a great opportunity to increase demand. News | Oil & Gas Tue, 02 Oct 2018 08:45:15 +0400 I-Tech Services adds mini ROVs to subsea inspection fleet The ROVs can perform operations in challenging subsea environments News | Oil & Gas Mon, 01 Oct 2018 03:00:30 +0400 Saudi Arabia expects 11% increase in in oil revenue next year Saudi Arabia's finance minister, Mohammed al-Jadaan, announced the country's preliminary budget for 2019 on Sunday. News | Oil & Gas Mon, 01 Oct 2018 01:30:00 +0400 The impact of oil at $100 per barrel Oil could rise to $100 per barrel. Here's what that means for the world economy. News | Oil & Gas Mon, 01 Oct 2018 09:00:00 +0400 BASF subsidiary Wintershall merges with LetterOne subsidiary DEA The companies will merge to form a joint venture, Wintershall DEA News | Oil & Gas Sun, 30 Sep 2018 10:00:45 +0400 ADNOC CEO says oil and gas industry must quickly adopt new technology Dr. Sultan Ahmed Al Jaber says technological advances are playing a key role in helping ADNOC to thrive in an evolving and growing energy market News | Oil & Gas Sat, 29 Sep 2018 10:00:00 +0400 Emerson launches corrosion monitoring solution for remote pipelines Roxar FSM Log 48 Area Corrosion Monitor detects localized and generalized corrosion, aids in boosting pipeline availability and capacity, and delivers cost-effective monitoring News | Oil & Gas Fri, 28 Sep 2018 08:00:00 +0400 Getac launches K120 fully rugged tablets Getac’s tablet is purpose-built for the daily demands of public safety personnel News | Oil & Gas Thu, 27 Sep 2018 10:30:00 +0400 Middle East and North Africa sees record-high IT spend The Middle East and North Africa's enterprise software market will top $760mn in 2018 News | Oil & Gas Thu, 27 Sep 2018 10:00:30 +0400 APICORP issues a $750 million 5-year bond The transaction is part of the corporation's diversification strategy News | Oil & Gas Wed, 26 Sep 2018 12:30:15 +0400 Saudi Aramco will raise production at Khurais field to 1.5mn bpd Aramco CEO Amin Nasser said field production would be raised by 300,000 bpd News | Oil & Gas Wed, 26 Sep 2018 10:15:45 +0400 ADNOC nearing 3.5mn barrels of upstream production capacity A spokesman addressed the company's customers at the Asia Pacific Petroleum Conference News | Oil & Gas Tue, 25 Sep 2018 06:15:45 +0400 Schlumberger launches new zonal isolation technology CemFIT Shield system improves cement bonding in long horizontal wells News | Oil & Gas Tue, 25 Sep 2018 03:30:45 +0400 Saudi Aramco plans 30% reduction in methane intensity from upstream operations Aramco, a founding member of the Oil and Gas Climate Initiative, discussed the industry's approaches to decrease emissions News | Oil & Gas Tue, 25 Sep 2018 08:30:00 +0400 Atlas Copco announces new QAC 1450 TwinPower with two 725 kVA generators The company says it offers double the power and versatility for modular power plant applications News | Oil & Gas Mon, 24 Sep 2018 03:30:45 +0400 Total makes major offshore gas discovery The new discovery, off the shore of the UK, holds recoverable resources estimated at one trillion cubic feet. News | Oil & Gas Mon, 24 Sep 2018 12:15:15 +0400 Opec report: upstream sector needs $11 trillion in investments between 2018 and 2040 Tight oil supply will make up 15% of global liquid output by the late 2020s News | Oil & Gas Mon, 24 Sep 2018 11:30:30 +0400 Oil supply gap to widen: Wood Mackenzie "We need more Guyanas, a lot more, and we need them soon," says Simon Flowers of Wood Mackenzie. News | Oil & Gas Sun, 23 Sep 2018 12:30:45 +0400 Oman Gas Company becomes finalist in Bentley Systems' Year in Infrastructure 2018 Awards Oman Gas Company's Asset Performance Solution for Reliability Management has been recognized as a finalist in the Going Digital Advancements in Utilities and Industrial Asset Performance category. News | Oil & Gas Sun, 23 Sep 2018 08:30:00 +0400 Saudi Arabia's privatisation efforts slow down Mitsubishi UFJ Ginancial Group's Middle East and North Africa unit says privitisations could exceed $350 bn in five years. News | Oil & Gas Thu, 20 Sep 2018 01:30:15 +0400 Work on Phase II of BPGIC terminal in Fujairah begins OPEC Secretary General Barkindo inaugurates Phase II of BPGIC in Fujairah News | Oil & Gas Tue, 18 Sep 2018 02:45:15 +0400 Saudi Aramco will spend more than $133 billion on drilling in the next decade Mohammed Al-Qahtani, Saudi Aramco's senior vice president for upstream, spoke to the first graduates of the Saudi Arabian Drilling Academy about the future of drilling. News | Oil & Gas Tue, 18 Sep 2018 08:00:30 +0400 Winners of Oil & Gas Middle East and Refining & Petrochemicals Middle East Awards to be honoured today We are delighted recognize excellence in the Oil & Gas industry today with our ninth annual Oil & Gas Middle East and Refining & Petrochemicals Middle East Awards. Follow us on social media for the latest updates! News | Oil & Gas Wed, 12 Sep 2018 10:00:15 +0400 Saudi Aramco prequalifies six contractors for Safaniya Oilfield redevelopment phase 7 The $800 million redevelopment project of Safaniya oilfield, which holds an estimated 37 billion barrels of crude, is expected to finish in October 2020. News | Oil & Gas Mon, 10 Sep 2018 01:15:30 +0400 DNV GL forecasts gas to overtake oil demand as gas capital expenditure grows The report says usptream gas capital expenditure will grow to a peak of $1.13 trillion in 2025 News | Oil & Gas Mon, 10 Sep 2018 08:45:00 +0400 SNC-Lavalin awarded West Qurna phase 2 oilfield contract in Iraq The oilfield has approximately 14 billion barrels of initial recoverable reserves. News | Oil & Gas Sun, 09 Sep 2018 04:30:00 +0400 Mubadala Petroleum signs JV to develop Russian oilfields The joint venture, Mubadala's first step into the Russian oil market, will develop oilfields in Western Siberia. News | Oil & Gas Sun, 09 Sep 2018 09:45:00 +0400 Oil Plus secures contracts worth $800,000 in the Middle East and India The 40-year-old oil and gas consultancy is expanding its reach in the Middle East. News | Oil & Gas Wed, 05 Sep 2018 02:00:00 +0400 Petroleum industry 'on the verge of a technological revolution', says Saudi Aramco VP "After coming through the downturn, the petroleum industry is on the verge of a technological revolution," said Khaled A. Al-Buraik, vice president, Southern Area Oil Operations for Saudi Aramco News | Oil & Gas Wed, 05 Sep 2018 09:45:45 +0400 Seven finalists selected for 'Young Oil & Gas Professional of the Year' As the 9th edition of the Oil & Gas Middle East and Refining & Petrochemicals Middle East Awards is set to celebrate the industry on September 12, we look at this year's category finalists for Young Oil & Gas Professional of the Year. News | Oil & Gas Tue, 04 Sep 2018 09:15:15 +0400 Saudi Aramco's Berri offshore oilfield development up for tender Saudi Aramco put two Berri projects up for tender; the expansion of the Berri offshore oilfield, which produces between 250,000 to 300,000 bpd, as well as the expansion of the Berri gas plant in Jubail. News | Oil & Gas Sun, 02 Sep 2018 01:30:30 +0400 JDR Cable launches IWOCS rental service The company can provide a variety of configurations for offshore rigs or vessels from its global service centres, tailored for specific project requirements including single wire deployment and self-supporting IWOCS News | Oil & Gas Mon, 27 Aug 2018 05:00:00 +0400 Aramco IPO shelved, according to reports The plan to float 5% of the company was expected to generate $100bn towards the Crown Prince’s plans to diversify the economy News | Oil & Gas Sun, 26 Aug 2018 09:00:00 +0400 Compact splice boxes for future-proof data transmission They provide continuously reliable, real-time data transmission. News | Oil & Gas Fri, 03 Aug 2018 10:45:30 +0400 DC UPS with integrated power supply Only one energy storage is required to complete the UPS system. News | Oil & Gas Fri, 03 Aug 2018 10:30:45 +0400 TWMA secures three-year contract with Apache North Sea Provider of specialised drilling waste management services lands three year agreement for the provision of drill cuttings containment and handling services. News | Oil & Gas Tue, 31 Jul 2018 05:55:00 +0400 Cyberhawk announces 34% in turnover Scottish firm sees growth across all sectors in its global operations. News | Oil & Gas Tue, 31 Jul 2018 05:42:00 +0400 Submissions open for ADIPEC 2018 Awards; six categories announced Celebrating achievements across the oil and gas industry, the ADIPEC Awards identify the leading companies, individuals, initiatives, projects and technologies that are shaping the sector’s future, in a changing energy landscape. News | Oil & Gas Mon, 30 Jul 2018 12:00:00 +0400 Total starts production at Angola's Kaombo project Kaombo Norte, the first floating production storage and offloading unit, has been successfully brought on stream and will produce an estimated 115,000 barrels of oil per day News | Oil & Gas Mon, 30 Jul 2018 02:15:00 +0400 Saipem awarded E&C contracts worth $800mn Saipem has been awarded contracts in Saudi Arabia, Iraq, Serbia, Mexico, and Nigeria worth approximately $800mn in total News | Oil & Gas Mon, 30 Jul 2018 02:00:00 +0400 BP to acquire oil and gas assets from BHP Billiton Petroleum Under the terms of the agreement, BP America Production Company will acquire from BHP 100% of the issued share capital of Petrohawk Energy Corporation News | Oil & Gas Mon, 30 Jul 2018 02:00:00 +0400 Wison Offshore & Marine wins FEED deal from Western LNG China based LNG solutions provider signs agreement with Houston based outfit News | Oil & Gas Sun, 29 Jul 2018 06:08:00 +0400 India, UAE in $20bn AI initiative New collaboration between the nations is aimed at furthering discussion and expanding mutual AI economies. News | Oil & Gas Sun, 29 Jul 2018 05:43:00 +0400 BiSN achieves successful double tool deployment in Azerbaijan Downhole sealing solutions provider isolates a producing zone on behalf of operator. News | Oil & Gas Thu, 26 Jul 2018 06:05:00 +0400 Saudi Aramco vessels attacked; company releases statement Two VLCCs, each with a 2mn barrel capacity, operated by the Saudi National Shipping Company, Bahri, and transporting Aramco crude oil, were attacked by Houthi militia News | Oil & Gas Thu, 26 Jul 2018 05:45:00 +0400 International Well Control Forum offers free training to help prevent oil and gas incidents The move by IWCF means, that for the first time, well operations crews can boost their knowledge of non-technical skills, including communication and teamwork, using one internationally available resource News | Oil & Gas Wed, 25 Jul 2018 06:24:00 +0400 July 26th marks nominations deadline for Oil & Gas Middle East and Refining & Petrochemicals Middle East Awards 2018 Now is the time for last-minute submissions to the ninth edition of the awards as the September 12th ceremony comes into view. News | Oil & Gas Wed, 25 Jul 2018 06:05:00 +0400 Honeywell rolls out ultra-rugged handheld computer Mobile computer running Android provides distribution centres and logistics workers in the Middle East with keypad and touchscreen interface. News | Oil & Gas Tue, 24 Jul 2018 05:53:00 +0400 ADNOC Distribution opens first wave of Géant Express stores Five new stores form part of ADNOC Distribution’s broader efforts to widen customer experience. News | Oil & Gas Tue, 24 Jul 2018 05:31:00 +0400 Maire Tecnimont wins two EPC contracts worth $527mn from LUKOIL in refining business The contracts’ scope of work entails EPC activities for the implementation of a diesel fuel hydrotreater unit, a hydrogen production unit, a pressure swing adsorption (PSA) unit as well as a gas fractionation unit and a sulphur recovery unit. News | Oil & Gas Tue, 24 Jul 2018 01:00:00 +0400 Fairfield Geotechnologies finalises Ikon Science JV Texas based seismic data collection outfit to collaborate with UK based Ikon to offer geoprediction services. News | Oil & Gas Mon, 23 Jul 2018 06:54:00 +0400 ADNOC promotes Emirati date culture and heritage at Liwa Date Festival Participation reinforces ADNOC’s corporate social responsibility commitments towards heritage preservation. News | Oil & Gas Mon, 23 Jul 2018 05:47:00 +0400 N-Sea makes appointment to boost survey abilities UK and Netherlands-based subsea provider recruits new survey authority. News | Oil & Gas Sun, 22 Jul 2018 05:52:00 +0400 120 ADNOC Technical Academy students to undertake on-the-job training Over 300 ATA students start on-the-job training this academic year, seeking to enhance practical skills and industry knowledge. News | Oil & Gas Sun, 22 Jul 2018 05:23:00 +0400 Iranian oil inventories spike by 3mn barrels in June Islamic republic's reserves lift substantially over the course of one month as international sanctions are set to impact Tehran’s oil trading. News | Oil & Gas Thu, 19 Jul 2018 05:56:00 +0400 Honeywell launches midstream gas metering solution New solution is meant to boost reliability and safety while reducing the need for site visits. News | Oil & Gas Thu, 19 Jul 2018 02:00:00 +0400 SNC-Lavalin wins global GES contract from Al Khafji in Saudi Arabia The framework agreement builds upon an existing 5-year framework deal for in-kingdom general engineering studies signed in February 2018, and will see SNC-Lavalin provide a range of engineering services to assist KJO with engineering for major projects. News | Oil & Gas Wed, 18 Jul 2018 01:00:00 +0400 AUS students selected as finalist by Shell Ideas360 in innovation competition Two students from Sharjah develop BioDesal as a new method of desalination. News | Oil & Gas Tue, 17 Jul 2018 05:55:00 +0400 Kreuz Subsea completes executive team with CFO appointment Singapore based subsea services outfit recruits fifth executive since October 2017. News | Oil & Gas Tue, 17 Jul 2018 05:35:00 +0400 Conditions will become more challenging for chemical firms, cautions ABB white paper The white paper argues that conditions now show the chemical industry is at an important stage of transformation and explores the external and internal challenges which can be addressed through digitalisation. News | Oil & Gas Tue, 17 Jul 2018 02:00:00 +0400 PDO boosts road safety drive with donation Omani oil leader plays leading part in publicising and boosting the need for children to utilise special child seats by giving 100 to the ORSA. News | Oil & Gas Mon, 16 Jul 2018 05:16:00 +0400 Precision Drilling wins Kuwait contract award Calgary based rig manufacturer adds a sixth unit to its portfolio currently active in the Gulf state. News | Oil & Gas Sun, 15 Jul 2018 02:10:00 +0400 Eni discovers light oil in Egyptian Western Desert Italian oil major's findings suggest Faghur Basin could provide new production area for the firm in North Africa. News | Oil & Gas Fri, 13 Jul 2018 02:05:00 +0400 Jacobs wins feasibility study contract from Equinor for conversion of natural gas to hydrogen in power generation The award of the feasibility study follows the Memorandum of Understanding of Equinor, with its partners Vattenfall and Gasunie, to evaluate the possibilities of converting Vattenfall's gas power plant Magnum in Eemshaven into a hydrogen-powered plant. News | Oil & Gas Fri, 13 Jul 2018 02:00:00 +0400 PDO team makes final at FIFCO football event Omani oil firm's football team beats several other international rivals in strong run to final of tournament. News | Oil & Gas Thu, 12 Jul 2018 07:00:00 +0400 Force Majeure lifted at four Libyan export terminals Conditions normalised at several Libyan ports according to the North African nation’s state-owned oil firm. News | Oil & Gas Thu, 12 Jul 2018 06:37:00 +0400 Economic growth driven by oil and gas sector boosts investments in Iraq, says Frost & Sullivan Iraq plans to focus on the oil and gas value chain, downstream value chain, minerals value chain, and tourism and financial services to move the GDP growth rate by 6% annually in the next eight years. News | Oil & Gas Thu, 12 Jul 2018 01:00:00 +0400 WETEX, Dubai Solar Show to boost energy, water, solar, environment and green sectors The 20th WETEX and the 3rd Dubai Solar Show will provide an opportunity to review the latest innovative solutions in energy, water, and the environment. News | Oil & Gas Wed, 11 Jul 2018 08:00:00 +0400 SGS and BHGE launch alliance on predictive corrosion management Predictive corrosion management solution leverages the Industrial Internet of Things to detect and predict corrosion issues using real-time data from sensors. News | Oil & Gas Wed, 11 Jul 2018 06:42:00 +0400 Total and CCCC strengthen global relationship across sectors French oil supermajor signs agreement with major Chinese construction firm to extend their tie-up. News | Oil & Gas Wed, 11 Jul 2018 05:49:00 +0400 Global law firm makes key MENA region energy appointments Eversheds Sutherland operates in 66 offices in 32 jurisdictions across Africa, Asia, Europe, the Middle East and the United States. News | Oil & Gas Tue, 10 Jul 2018 02:15:00 +0400 OPITO Awards 2018 to recognise global safety leaders Winners will be announced during OPITO conference taking place in Malaysia in November. News | Oil & Gas Tue, 10 Jul 2018 02:00:00 +0400 ADNOC seeks Chinese alliances to triple petrochemicals production by 2025 The meetings focused on expanding and deepening investment and partnership opportunities across ADNOC’s integrated upstream and downstream value chain, during a visit to Beijing. News | Oil & Gas Tue, 10 Jul 2018 01:00:00 +0400 Aramco IPO in doubt according to reports Public listing of Saudi Arabia’s vast oil firm in question due to alleged price and readiness issues. News | Oil & Gas Mon, 09 Jul 2018 05:23:00 +0400 Bahr Essalam phase two development offshore project in Libya begins production Phase two of the project completes the development of the largest producing offshore gas field in Libya, thereby extending the field's production life. News | Oil & Gas Mon, 09 Jul 2018 04:46:00 +0400 Emerson wins ‘IIoT Corporate Leader of the Year’ award from McRock Capital The award recognises Emerson’s unique and successful deployment of Industrial Internet of Things (IIoT) solutions. News | Oil & Gas Mon, 09 Jul 2018 01:00:00 +0400 SAFEEN signs MOU with ADNOC Logistics and Services for oil spill response ADNOC Logistics & Services to support SAFEEN in handling tier two oil spill incidents, with agreement extending to sea areas around all ports owned and managed by Abu Dhabi Ports. News | Oil & Gas Sun, 08 Jul 2018 06:02:00 +0400 Keel laying ceremony takes place for newly named Subsea 7 reel-lay vessel Global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry set to welcome addition to its fleet. News | Oil & Gas Sun, 08 Jul 2018 05:33:00 +0400 EnerQuip secures multi-million dollar torque machine contracts Scottish firm seals deals across the globe and takes on additional hires to facilitate new orders. News | Oil & Gas Fri, 06 Jul 2018 02:00:00 +0400 LEWAS symposium set for GDA Conference in Manama Fourth edition of event aimed at boosting female representation in the oil and gas industry is set to take place in Bahrain this October. News | Oil & Gas Thu, 05 Jul 2018 05:55:00 +0400