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 Tue, 23 Apr 2019 01:35:03 +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) Tue, 23 Apr 2019 01:35:03 +0400 20 UAE France Oil and Gas Connecting Days 2019 discusses digitalisation, energy efficiency, new technologies http://www.arabianindustry.com//oil-gas/news/2019/apr/18/uae-france-oil-and-gas-connecting-days-2019-discusses-digitalisation-energy-efficiency-new-technologies-6071468/ Business France, jointly with Evolen and the French Business Group, hosted the 4th annual UAE France Oil and Gas Connecting Days in the beginning of April in Abu Dhabi News | Oil & Gas Thu, 18 Apr 2019 03:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/18/uae-france-oil-and-gas-connecting-days-2019-discusses-digitalisation-energy-efficiency-new-technologies-6071468/ Saudi Aramco could buy Shell's 50% stake in refining JV SASREF http://www.arabianindustry.com//oil-gas/news/2019/apr/18/saudi-aramco-could-buy-shells-50-stake-in-refining-jv-sasref-6070909/ Reuters reported that an agreement has already been reached between the two firms News | Oil & Gas Thu, 18 Apr 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/18/saudi-aramco-could-buy-shells-50-stake-in-refining-jv-sasref-6070909/ Saudi's Aramco Overseas Company to purchase $1.25bn stake in South Korea's Hyundai Oilbank http://www.arabianindustry.com//oil-gas/news/2019/apr/15/saudis-aramco-overseas-company-to-purchase-125bn-stake-in-south-koreas-hyundai-oilbank-6068556/ Saudi Aramco and Hyundai Heavy Industries Holdings have reached an agreement for Saudi Aramco's subsidiary, Aramco Overseas Company B.V (AOC), to purchase a 17% stake in South Korea's Hyundai Oilbank, a subsidiary of Hyundai Heavy Industries Holdings News | Oil & Gas Mon, 15 Apr 2019 01:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/15/saudis-aramco-overseas-company-to-purchase-125bn-stake-in-south-koreas-hyundai-oilbank-6068556/ Eaton Middle East launches two emergency lighting ranges http://www.arabianindustry.com//oil-gas/news/2019/apr/15/eaton-middle-east-launches-two-emergency-lighting-ranges-6068478/ The new products are designed for large, open plan areas News | Oil & Gas Mon, 15 Apr 2019 12:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/15/eaton-middle-east-launches-two-emergency-lighting-ranges-6068478/ Chevron acquires Andarko Petroleum Corporation http://www.arabianindustry.com//oil-gas/news/2019/apr/13/chevron-acquires-andarko-petroleum-corporation-6067620/ Chevron says the acquisition will provide $2bn in anticipated operating cost and capital synergies News | Oil & Gas Sat, 13 Apr 2019 04:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/13/chevron-acquires-andarko-petroleum-corporation-6067620/ Dragon Oil to finalise acquisition in Egypt in coming months http://www.arabianindustry.com//oil-gas/news/2019/apr/10/dragon-oil-to-finalise-acquisition-in-egypt-in-coming-months-6066710/ In an exclusive interview with Oil & Gas Middle East, Dragon Oil CEO Ali Al Jarwan revealed the company's progress on its $13bn expansion plans News | Oil & Gas Wed, 10 Apr 2019 05:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/10/dragon-oil-to-finalise-acquisition-in-egypt-in-coming-months-6066710/ Dana Gas Q1 production increases 6% year-on-year http://www.arabianindustry.com//oil-gas/news/2019/apr/10/dana-gas-q1-production-increases-6-year-on-year-6066203/ The increase is painly due to debottlenecking in Kurdistan, and the Balsam-8 well in Egypt, which came on-stream in Q4 2018. News | Oil & Gas Wed, 10 Apr 2019 10:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/10/dana-gas-q1-production-increases-6-year-on-year-6066203/ Weir Oil & Gas signs MoU to share expertise at Azerbaijan State Oil and Industry University http://www.arabianindustry.com//oil-gas/news/2019/apr/10/weir-oil-gas-signs-mou-to-share-expertise-at-azerbaijan-state-oil-and-industry-university-6066177/ Weir Oil and Gas announced the signing of a Memorandum of Understanding with Azerbaijan State Oil and Industry University, a non-profit public higher education institution founded in 1920 News | Oil & Gas Wed, 10 Apr 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/10/weir-oil-gas-signs-mou-to-share-expertise-at-azerbaijan-state-oil-and-industry-university-6066177/ Weir Oil & Gas signs MoU to share expertise at Azerbaijan State Oil and Industry University http://www.arabianindustry.com//oil-gas/news/2019/apr/10/weir-oil-gas-signs-mou-to-share-expertise-at-azerbaijan-state-oil-and-industry-university-6066190/ Weir Oil and Gas announced the signing of a Memorandum of Understanding with Azerbaijan State Oil and Industry University, a non-profit public higher education institution founded in 1920 News | Oil & Gas Wed, 10 Apr 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/10/weir-oil-gas-signs-mou-to-share-expertise-at-azerbaijan-state-oil-and-industry-university-6066190/ Orders for Saudi Aramco's debut bond sale reportedly reach $85bn http://www.arabianindustry.com//oil-gas/news/2019/apr/9/orders-for-saudi-aramcos-debut-bond-sale-reportedly-reach-85bn-6065839/ Aramco's bond issuance was reported to be around $10bn, but orders have far surpassed expectations News | Oil & Gas Tue, 09 Apr 2019 02:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/9/orders-for-saudi-aramcos-debut-bond-sale-reportedly-reach-85bn-6065839/ Total signs agreement for onshore Oman exploration block http://www.arabianindustry.com//oil-gas/news/2019/apr/9/total-signs-agreement-for-onshore-oman-exploration-block-6065813/ Total signed a Heads of Agreement with Oman's Ministry of Oil and Gas for the exploration license for Block 12, which is spread over 10,000 square kilometres News | Oil & Gas Tue, 09 Apr 2019 01:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/9/total-signs-agreement-for-onshore-oman-exploration-block-6065813/ Saudi Aramco's $10bn bond sale will close on Wednesday http://www.arabianindustry.com//oil-gas/news/2019/apr/9/saudi-aramcos-10bn-bond-sale-will-close-on-wednesday-6065423/ Investor demand is over $30bn, and the bond sale will help Aramco finance its SABIC acquisition News | Oil & Gas Tue, 09 Apr 2019 09:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/9/saudi-aramcos-10bn-bond-sale-will-close-on-wednesday-6065423/ Mubadala to sell 30% stake in Cepsa to Carlyle Group http://www.arabianindustry.com//oil-gas/news/2019/apr/9/mubadala-to-sell-30-stake-in-cepsa-to-carlyle-group-6065436/ The deal is expected to close by end-2019 and is part of Mubadala's portfolio management strategy to bring in new partners News | Oil & Gas Tue, 09 Apr 2019 09:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/9/mubadala-to-sell-30-stake-in-cepsa-to-carlyle-group-6065436/ KSA energy minister rejects claims that nation would ditch dollar oil trading in response to NOPEC http://www.arabianindustry.com//oil-gas/news/2019/apr/8/ksa-energy-minister-rejects-claims-that-nation-would-ditch-dollar-oil-trading-in-response-to-nopec-6065358/ Rumors that it threatened to use non-US currency in the face of US NOPEC bill are untrue, the Saudi Ministry of Energy, Industry and Mineral Resources said News | Oil & Gas Mon, 08 Apr 2019 05:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/8/ksa-energy-minister-rejects-claims-that-nation-would-ditch-dollar-oil-trading-in-response-to-nopec-6065358/ Saudi Energy Minister: No plan to deepen output cuts, still hopes for Aramco IPO in 2021 http://www.arabianindustry.com//oil-gas/news/2019/apr/8/saudi-energy-minister-no-plan-to-deepen-output-cuts-still-hopes-for-aramco-ipo-in-2021-6065111/ Khalid Al-Falih told Bloomberg Television that the OPEC+ meeting in May will be key News | Oil & Gas Mon, 08 Apr 2019 02:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/8/saudi-energy-minister-no-plan-to-deepen-output-cuts-still-hopes-for-aramco-ipo-in-2021-6065111/ Emerson acquires analytics software company KNet http://www.arabianindustry.com//oil-gas/news/2019/apr/8/emerson-acquires-analytics-software-company-knet-6065124/ Analytics application software powered by machine learning to accelerate digital transformation News | Oil & Gas Mon, 08 Apr 2019 01:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/8/emerson-acquires-analytics-software-company-knet-6065124/ ADNOC Distribution confident in "strong growth prospects and cash flow generation ability" http://www.arabianindustry.com//oil-gas/news/2019/apr/8/adnoc-distribution-confident-in-strong-growth-prospects-and-cash-flow-generation-ability-6064929/ ADNOC Distribution met with local brokers and the Abu Dhabi Securities Exchange management t discuss its new dividend policy News | Oil & Gas Mon, 08 Apr 2019 11:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/8/adnoc-distribution-confident-in-strong-growth-prospects-and-cash-flow-generation-ability-6064929/ Wavefront uses new well stimulation tool in Saudi Arabia http://www.arabianindustry.com//oil-gas/news/2019/apr/8/wavefront-uses-new-well-stimulation-tool-in-saudi-arabia-6064942/ The Powerwave Odyssey tool was used alongside traditional acid stimulation, and will also be used in Iraq News | Oil & Gas Mon, 08 Apr 2019 09:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/8/wavefront-uses-new-well-stimulation-tool-in-saudi-arabia-6064942/ ADNOC Distribution discuses new dividend policy with Abu Dhabi Securities Exchange management http://www.arabianindustry.com//oil-gas/news/2019/apr/8/adnoc-distribution-discuses-new-dividend-policy-with-abu-dhabi-securities-exchange-management-6064669/ ADNOC Distribution recently met with local brokers and the Abu Dhabi Securities Exchange (ADX) management to discuss the recently announced progressive new dividend policy News | Oil & Gas Mon, 08 Apr 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/8/adnoc-distribution-discuses-new-dividend-policy-with-abu-dhabi-securities-exchange-management-6064669/ Introducing the Middle East Energy Awards http://www.arabianindustry.com//oil-gas/news/2019/apr/7/introducing-the-middle-east-energy-awards-6064032/ For the first time, the awards will recognise achievements in the utilities sector, including alternative energy News | Oil & Gas Sun, 07 Apr 2019 09:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/7/introducing-the-middle-east-energy-awards-6064032/ Power List 2019 top five: The most influential people in the regional oil and gas industry http://www.arabianindustry.com//oil-gas/news/2019/apr/4/power-list-2019-top-five-the-most-influential-people-in-the-regional-oil-and-gas-industry-6063408/ The top 5 of our Power 50 2019 have shown their influence and impacted the regional oil and gas industry this year. News | Oil & Gas Thu, 04 Apr 2019 11:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/4/power-list-2019-top-five-the-most-influential-people-in-the-regional-oil-and-gas-industry-6063408/ Saudi Aramco's Ghawar field produces 1.2mbpd less than expected http://www.arabianindustry.com//oil-gas/news/2019/apr/3/saudi-aramcos-ghawar-field-produces-12mbpd-less-than-expected-6062914/ Saudi Aramco's bond prospectus lifted the veil on its production, revealing that Ghawar has production capacity of 3.8mn barrels per day, less than the 5mn speculated in the market News | Oil & Gas Wed, 03 Apr 2019 01:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/3/saudi-aramcos-ghawar-field-produces-12mbpd-less-than-expected-6062914/ Shell will exit oil lobby due to disagreement on climate change policy http://www.arabianindustry.com//oil-gas/news/2019/apr/3/shell-will-exit-oil-lobby-due-to-disagreement-on-climate-change-policy-6062758/ The oil major sent a strong message to oil lobbies in a review of its alignments to worldwide groups News | Oil & Gas Wed, 03 Apr 2019 09:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/3/shell-will-exit-oil-lobby-due-to-disagreement-on-climate-change-policy-6062758/ NOV launches pipe facility in Saudi Arabia http://www.arabianindustry.com//oil-gas/news/2019/apr/2/nov-launches-pipe-facility-in-saudi-arabia-6062368/ This falls under the IKTVA programme to increase localisation in the nation News | Oil & Gas Tue, 02 Apr 2019 04:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/2/nov-launches-pipe-facility-in-saudi-arabia-6062368/ Abu Dhabi EPC NPCC posts $1.4bn revenue in 2018 http://www.arabianindustry.com//oil-gas/news/2019/apr/2/abu-dhabi-epc-npcc-posts-14bn-revenue-in-2018-6062277/ The company's profits rose 27% compared to 2017 News | Oil & Gas Tue, 02 Apr 2019 02:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/2/abu-dhabi-epc-npcc-posts-14bn-revenue-in-2018-6062277/ Saudi Aramco makes more than Apple, Samsung and Google combined http://www.arabianindustry.com//oil-gas/news/2019/apr/1/saudi-aramco-makes-more-than-apple-samsung-and-google-combined-6061757/ The company will also reportedly pay half of the Sabic acquisition cost after the deal is closed, and the other half in the following two years News | Oil & Gas Mon, 01 Apr 2019 12:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/apr/1/saudi-aramco-makes-more-than-apple-samsung-and-google-combined-6061757/ ADNOC Drilling complete first integrated drilling services well http://www.arabianindustry.com//oil-gas/news/2019/mar/31/adnoc-drilling-complete-first-integrated-drilling-services-well-6061237/ ADNOC plans to grow its conventional drilling activity by 40% by 2025 and substantially ramp up the number of its unconventional wells, as it targets 4mn barrels of oil production capacity per day by the end of 2020 and 5mn by 2030 News | Oil & Gas Sun, 31 Mar 2019 05:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/31/adnoc-drilling-complete-first-integrated-drilling-services-well-6061237/ How Saudi Aramco's SABIC acquisiton will impact Saudi Arabia and the energy industry http://www.arabianindustry.com//oil-gas/news/2019/mar/31/how-saudi-aramcos-sabic-acquisiton-will-impact-saudi-arabia-and-the-energy-industry-6061016/ The PIF, Saudi Aramco and Sabic each have benefits to gain from the mega-deal News | Oil & Gas Sun, 31 Mar 2019 10:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/31/how-saudi-aramcos-sabic-acquisiton-will-impact-saudi-arabia-and-the-energy-industry-6061016/ SABIC CEO on "discovery phase" and first steps under Aramco http://www.arabianindustry.com//oil-gas/news/2019/mar/31/sabic-ceo-on-discovery-phase-and-first-steps-under-aramco-6060899/ Sabic's CEO says he plans to focus on expanding efficiencies under Saudi Aramco. News | Oil & Gas Sun, 31 Mar 2019 10:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/31/sabic-ceo-on-discovery-phase-and-first-steps-under-aramco-6060899/ Proserv sells drilling services business to C-Automation http://www.arabianindustry.com//oil-gas/news/2019/mar/30/proserv-sells-drilling-services-business-to-c-automation-6060717/ The company said that its drilling services unit "no longer complemented Proserv's core offering" News | Oil & Gas Sat, 30 Mar 2019 10:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/30/proserv-sells-drilling-services-business-to-c-automation-6060717/ Saudi Aramco reportedly planning $10bn bond next week to fund SABIC deal http://www.arabianindustry.com//oil-gas/news/2019/mar/29/saudi-aramco-reportedly-planning-10bn-bond-next-week-to-fund-sabic-deal-6060743/ This would mean opening up the oil giant's accounts to investors and making some operational details public News | Oil & Gas Fri, 29 Mar 2019 09:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/29/saudi-aramco-reportedly-planning-10bn-bond-next-week-to-fund-sabic-deal-6060743/ Tenaris inks $1.2bn deal to acquire IPSCO Tubulars from TMK http://www.arabianindustry.com//oil-gas/news/2019/mar/28/tenaris-inks-12bn-deal-to-acquire-ipsco-tubulars-from-tmk-6060730/ The deal is expected to enhace Tenaris' position in the US News | Oil & Gas Thu, 28 Mar 2019 09:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/28/tenaris-inks-12bn-deal-to-acquire-ipsco-tubulars-from-tmk-6060730/ Saudi Aramco acquires 70% majority stake in Saudi Basic Industries Corporation for $69.1bn http://www.arabianindustry.com//oil-gas/news/2019/mar/27/saudi-aramco-acquires-70-majority-stake-in-saudi-basic-industries-corporation-for-691bn-6060028/ Saudi Aramco today announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for $69.1bn News | Oil & Gas Wed, 27 Mar 2019 09:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/27/saudi-aramco-acquires-70-majority-stake-in-saudi-basic-industries-corporation-for-691bn-6060028/ McDermott signs agreement with Saudi Aramco to create Saudi EPCI facility http://www.arabianindustry.com//oil-gas/news/2019/mar/27/mcdermott-signs-agreement-with-saudi-aramco-to-create-saudi-epci-facility-6059573/ The facility will serve not only Saudi Arabia, but the wider GCC region News | Oil & Gas Wed, 27 Mar 2019 08:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/27/mcdermott-signs-agreement-with-saudi-aramco-to-create-saudi-epci-facility-6059573/ ADNOC signs MoU with Khalifa fund to promote entrepreneurship http://www.arabianindustry.com//oil-gas/news/2019/mar/26/adnoc-signs-mou-with-khalifa-fund-to-promote-entrepreneurship-6059157/ Khalifa Fund will provide a range of training programs and entrepreneurship workshops for ADNOC’s employees and retirees who are looking to enhance their skills and knowledge in the SME sector. News | Oil & Gas Tue, 26 Mar 2019 11:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/26/adnoc-signs-mou-with-khalifa-fund-to-promote-entrepreneurship-6059157/ Emerson Automation Solutions announces new MEA president http://www.arabianindustry.com//oil-gas/news/2019/mar/25/emerson-automation-solutions-announces-new-mea-president-6058390/ Watch our exclusive video interview with Emerson Automation Solutions' new regional president, Vidya Ramnath, on digitalisation and diversity News | Oil & Gas Mon, 25 Mar 2019 12:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/25/emerson-automation-solutions-announces-new-mea-president-6058390/ ADNOC inks $170mn exploration concession agreement with Indian consortium http://www.arabianindustry.com//oil-gas/news/2019/mar/25/adnoc-inks-170mn-exploration-concession-agreement-with-indian-consortium-6058039/ Indian consortium will focus on conventional oil and gas opportunities in Onshore Block 1, which includes already discovered but undeveloped fields and covers a large area around Ruwais News | Oil & Gas Mon, 25 Mar 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/25/adnoc-inks-170mn-exploration-concession-agreement-with-indian-consortium-6058039/ ADNOC signs two deals with OMV and one deal with Boreali http://www.arabianindustry.com//oil-gas/news/2019/mar/24/adnoc-signs-two-deals-with-omv-and-one-deal-with-boreali-6057493/ The Abu Dhabi National Oil Company (ADNOC) has signed two MoUs with OMV and one MoU with Borealis to explore new opportunities for collaboration in the downstream sector News | Oil & Gas Sun, 24 Mar 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/24/adnoc-signs-two-deals-with-omv-and-one-deal-with-boreali-6057493/ McDermott wins offshore EPCI project worth up to $750mn http://www.arabianindustry.com//oil-gas/news/2019/mar/24/mcdermott-wins-offshore-epci-project-worth-up-to-750mn-6057467/ Work includes six new offshore jackets, three associated topsides, a pipeline, two bridges, cables and brownfield works at existing offshore facilities News | Oil & Gas Sun, 24 Mar 2019 08:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/24/mcdermott-wins-offshore-epci-project-worth-up-to-750mn-6057467/ Saudi Aramco to develop Al-Hasa unconventional gas http://www.arabianindustry.com//oil-gas/news/2019/mar/21/saudi-aramco-to-develop-al-hasa-unconventional-gas-6057012/ Amin Nasser highlighted Al-Hasa's rich unconventional resources, as well as localisation and diversity initiatives that centre around the area News | Oil & Gas Thu, 21 Mar 2019 01:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/21/saudi-aramco-to-develop-al-hasa-unconventional-gas-6057012/ 24th World Energy Congress to discuss deep decarbonisation, blockchain, IoT and AI http://www.arabianindustry.com//oil-gas/news/2019/mar/20/24th-world-energy-congress-to-discuss-deep-decarbonisation-blockchain-iot-and-ai-6056492/ Digitalisation, the hydrogen economy, deep decarbonisation, blockchain, IoT and AI will be some of the key topics of discussion at the 24th World Energy Congress News | Oil & Gas Wed, 20 Mar 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/20/24th-world-energy-congress-to-discuss-deep-decarbonisation-blockchain-iot-and-ai-6056492/ Saif AlQahtani made CEO of Saudi Arabia's Energy City Development Company http://www.arabianindustry.com//oil-gas/news/2019/mar/19/saif-alqahtani-made-ceo-of-saudi-arabias-energy-city-development-company-6055842/ Saif AlQahtani has been appointed as the president and CEO of the Energy City Development Company, owner and developer of King Salman Energy Park (Spark) News | Oil & Gas Tue, 19 Mar 2019 04:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/19/saif-alqahtani-made-ceo-of-saudi-arabias-energy-city-development-company-6055842/ Petrofac wins $1bn EPC project in Algeria http://www.arabianindustry.com//oil-gas/news/2019/mar/19/petrofac-wins-1bn-epc-project-in-algeria-6055660/ The leading energy contractor signed a 42-month contract for commissioning, startup and performance testing News | Oil & Gas Tue, 19 Mar 2019 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/19/petrofac-wins-1bn-epc-project-in-algeria-6055660/ Eni makes new gas discovery in Nour prospect offshore Egypt http://www.arabianindustry.com//oil-gas/news/2019/mar/14/eni-makes-new-gas-discovery-in-nour-prospect-offshore-egypt-6053346/ The company is active in Egypt through subsidiary Ieoc News | Oil & Gas Thu, 14 Mar 2019 03:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/14/eni-makes-new-gas-discovery-in-nour-prospect-offshore-egypt-6053346/ How can 10-year UAE residency visas impact the talent gap in the oil and gas industry http://www.arabianindustry.com//oil-gas/news/2019/mar/12/how-10-year-uae-residency-visas-could-impact-the-industry-talent-gap-6051838/ The UAE Cabinet has approved the regulatory framework for the issuance of long-term residence permits, and will start receiving applications News | Oil & Gas Tue, 12 Mar 2019 10:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/12/how-10-year-uae-residency-visas-could-impact-the-industry-talent-gap-6051838/ Saudi Aramco board to reportedly meet for Sabic bond approval http://www.arabianindustry.com//oil-gas/news/2019/mar/12/saudi-aramco-board-to-reportedly-meet-for-sabic-bond-approval-6051825/ The company plans to issue a $10bn bond in the second quarter of 2019, to help fund its acquisition of a controlling stake in Saudi chemicals giant Sabic News | Oil & Gas Tue, 12 Mar 2019 09:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/12/saudi-aramco-board-to-reportedly-meet-for-sabic-bond-approval-6051825/ Egypt launches international bidding round for 10 Red Sea exploration blocks http://www.arabianindustry.com//oil-gas/news/2019/mar/11/egypt-launches-international-bidding-round-for-10-red-sea-exploration-blocks-6050850/ The ministry said this falls within its strategy to "achieve optimum economic utilisation of all potentials and natural resources to contribute to the sustainable development of Egypt" News | Oil & Gas Mon, 11 Mar 2019 09:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/11/egypt-launches-international-bidding-round-for-10-red-sea-exploration-blocks-6050850/ Safety, performance and scalability: cloud-based remote maintenance http://www.arabianindustry.com//oil-gas/news/2019/mar/8/safety-performance-and-scalability-cloud-based-remote-maintenance-6061250/ Phoenix Contact is working with Amazon Web Services News | Oil & Gas Fri, 08 Mar 2019 04:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/8/safety-performance-and-scalability-cloud-based-remote-maintenance-6061250/ Oman gas production to surpass oil by 2023: Rystad Energy http://www.arabianindustry.com//oil-gas/news/2019/mar/7/oman-gas-production-to-surpass-oil-by-2023-rystad-energy-6049264/ Rystad Energy forecasts Oman's oil output to slump as older fields continue to age, and investments go into developing gas fields News | Oil & Gas Thu, 07 Mar 2019 08:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/7/oman-gas-production-to-surpass-oil-by-2023-rystad-energy-6049264/ Dana Gas and Crescent Petroleum's $700mn Khor Mor expansion plan to increase gas output by 63% in two years http://www.arabianindustry.com//oil-gas/news/2019/mar/6/dana-gas-and-crescent-petroleums-700mn-khor-mor-expansion-plan-to-increase-gas-output-by-63-in-two-years-6049004/ A 20-year gas sales agreement was signed between Pearl Petroleum and KRG, which will provide an additional 250 MMscf/day in gas sales to fuel local power plants News | Oil & Gas Wed, 06 Mar 2019 12:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/6/dana-gas-and-crescent-petroleums-700mn-khor-mor-expansion-plan-to-increase-gas-output-by-63-in-two-years-6049004/ ADNOC survey shows that nearly half of global STEM talent interested to work in oil and gas industry http://www.arabianindustry.com//oil-gas/news/2019/mar/6/adnoc-survey-shows-that-nearly-half-of-global-stem-talent-interested-to-work-in-oil-and-gas-industry-6052566/ Young STEM talent also associate the oil and gas industry with high salaries and see it as an industry that is invaluable News | Oil & Gas Wed, 06 Mar 2019 12:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/6/adnoc-survey-shows-that-nearly-half-of-global-stem-talent-interested-to-work-in-oil-and-gas-industry-6052566/ 90% of oil and gas leaders say digitalisation is key to operational excellence: Sphera survey http://www.arabianindustry.com//oil-gas/news/2019/mar/3/90-of-oil-and-gas-leaders-say-digitalisation-is-key-to-operational-excellence-sphera-survey-6046898/ The company found that while industry leaders see the importance of integrating digital transformation for operational excellence, challenges persist in the path to the digital oilfield News | Oil & Gas Sun, 03 Mar 2019 12:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/3/90-of-oil-and-gas-leaders-say-digitalisation-is-key-to-operational-excellence-sphera-survey-6046898/ Oman signs $59mn exploration and production sharing agreement with Occidental Oman http://www.arabianindustry.com//oil-gas/news/2019/mar/3/oman-signs-59mn-exploration-and-production-sharing-agreement-with-occidental-oman-6046768/ Oman's Ministry of Oil and Gas tweeted out the announcement News | Oil & Gas Sun, 03 Mar 2019 10:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/mar/3/oman-signs-59mn-exploration-and-production-sharing-agreement-with-occidental-oman-6046768/ ADNOC awards $1.21bn EPC contract to SKEC for world's largest underground oil storage project http://www.arabianindustry.com//oil-gas/news/2019/feb/28/adnoc-awards-121bn-epc-contract-to-skec-for-worlds-largest-underground-oil-storage-project-6045936/ The underground facility will have a capacity of 42mn barrels of crude oil in three caverns News | Oil & Gas Thu, 28 Feb 2019 10:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/28/adnoc-awards-121bn-epc-contract-to-skec-for-worlds-largest-underground-oil-storage-project-6045936/ Weatherford settles intellectual property infringement lawsuit against Nabors subsidiary Tesco Corporation http://www.arabianindustry.com//oil-gas/news/2019/feb/25/weatherford-settles-intellectual-property-infringement-lawsuit-against-nabors-subsidiary-tesco-corporation-6044480/ The company's president of well construction noted that it was ready to "pursue all legal remedies now and in the future against any and all acts of intellectual property infringement.” News | Oil & Gas Mon, 25 Feb 2019 03:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/25/weatherford-settles-intellectual-property-infringement-lawsuit-against-nabors-subsidiary-tesco-corporation-6044480/ Global oil and gas FID volumes set to triple in 2019 http://www.arabianindustry.com//oil-gas/news/2019/feb/25/global-oil-and-gas-fid-volumes-set-to-triple-in-2019-6044376/ Saudi Arabia is expected to contribute one fifth of global FID volumes, according to Rystad Energy News | Oil & Gas Mon, 25 Feb 2019 01:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/25/global-oil-and-gas-fid-volumes-set-to-triple-in-2019-6044376/ ADNOC signs $4bn infrastructure investment agreement with BlackRock and KKR http://www.arabianindustry.com//oil-gas/news/2019/feb/24/adnoc-makes-4bn-in-landmark-pipeline-infrastructure-investment-agreement-with-blackrock-and-kkr-6043765/ Transaction marks the first midstream infrastructure partnership by leading global institutional investors and a national oil company in the Middle East News | Oil & Gas Sun, 24 Feb 2019 11:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/24/adnoc-makes-4bn-in-landmark-pipeline-infrastructure-investment-agreement-with-blackrock-and-kkr-6043765/ Saudi Aramco reportedly resumes Safaniyah production http://www.arabianindustry.com//oil-gas/news/2019/feb/24/saudi-aramco-reportedly-resumes-safaniyah-production-6043687/ The field was shut down for repairs after a vessel's anchor cut a power cable News | Oil & Gas Sun, 24 Feb 2019 11:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/24/saudi-aramco-reportedly-resumes-safaniyah-production-6043687/ Saudi oil minister confident in reaching Neutral Zone agreement with Kuwait in 2019 http://www.arabianindustry.com//oil-gas/news/2019/feb/21/saudi-oil-minister-confident-in-reaching-neutral-zone-agreement-with-kuwait-in-2019-6043102/ Khalid Al-Falih, Saudi Arabia's energy minister, is hopeful that an agreement can be reached with Kuwait to restart production in the Neutral Zone News | Oil & Gas Thu, 21 Feb 2019 01:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/21/saudi-oil-minister-confident-in-reaching-neutral-zone-agreement-with-kuwait-in-2019-6043102/ Global decommissioning to hit record $36bn in the next three years http://www.arabianindustry.com//oil-gas/news/2019/feb/21/global-decommissioning-to-hit-record-36bn-in-the-next-three-years-6043050/ Decommissioning obligations in the global oil and gas industry rose to $11.7bn last year and are projected to hold steady at an average of about $12bn per year from 2019 through 2021, according to Rystad Energy. News | Oil & Gas Thu, 21 Feb 2019 12:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/21/global-decommissioning-to-hit-record-36bn-in-the-next-three-years-6043050/ Rockwell Automation and Schlumberger enter $250mn joint venture agreement to create a new automation solutions provider http://www.arabianindustry.com//oil-gas/news/2019/feb/20/rockwell-automation-and-schlumberger-enter-250mn-joint-venture-agreement-to-create-a-new-automation-solutions-provider-6042413/ The joint venture entity, Sensia, will combine Rockwell Automation’s integrated control and information solutions with Schlumberger’s oil and gas expertise to help customers maximize the value of their investments. News | Oil & Gas Wed, 20 Feb 2019 02:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/20/rockwell-automation-and-schlumberger-enter-250mn-joint-venture-agreement-to-create-a-new-automation-solutions-provider-6042413/ Shell and Oman oil & gas ministry sign funding agreement for 2019 gas development http://www.arabianindustry.com//oil-gas/news/2019/feb/20/shell-and-oman-oil-gas-ministry-sign-funding-agreement-for-2019-gas-development-6042426/ The project aims to integrate the Shell and OOC share of the upstream project with the development of a gas-to-liquids plant currently under discussion News | Oil & Gas Wed, 20 Feb 2019 02:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/20/shell-and-oman-oil-gas-ministry-sign-funding-agreement-for-2019-gas-development-6042426/ ADNOC gets AA+ standalone credit rating by Fitch http://www.arabianindustry.com//oil-gas/news/2019/feb/19/adnoc-gets-aa-standalone-credit-rating-by-fitch-6041763/ ADNOC undertook this ratings exercise as part of its new approach to expand its partner and investor universe, as well as more actively manage its assets and capital. News | Oil & Gas Tue, 19 Feb 2019 11:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/19/adnoc-gets-aa-standalone-credit-rating-by-fitch-6041763/ ADES secures $150mn onshore drilling contracts in Saudi Arabia http://www.arabianindustry.com//oil-gas/news/2019/feb/19/ades-secures-150mn-onshore-drilling-contracts-in-saudi-arabia-6041542/ Operations are slated to begin in the second half of 2019 News | Oil & Gas Tue, 19 Feb 2019 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/19/ades-secures-150mn-onshore-drilling-contracts-in-saudi-arabia-6041542/ Saudi Aramco makes short-term output cuts, plans long-term global growth http://www.arabianindustry.com//oil-gas/news/2019/feb/18/saudi-aramco-makes-short-term-output-cuts-plans-long-term-global-growth-6040996/ Even as it reins in its production following the December 2018 OPEC+ decision to cut output, Saudi Arabia is looking to expand its exploration and production globally News | Oil & Gas Mon, 18 Feb 2019 10:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/18/saudi-aramco-makes-short-term-output-cuts-plans-long-term-global-growth-6040996/ Eni granted two exploration blocks onshore Egypt http://www.arabianindustry.com//oil-gas/news/2019/feb/16/eni-granted-two-exploration-blocks-onshore-egypt-6040203/ Existing infrastructure is expected to help speed up production if exploration is successful News | Oil & Gas Sat, 16 Feb 2019 12:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/16/eni-granted-two-exploration-blocks-onshore-egypt-6040203/ BP will reportedly invest $1.8bn in Egypt in 2019 http://www.arabianindustry.com//oil-gas/news/2019/feb/14/bp-will-reportedly-invest-18bn-in-egypt-in-2019-6039631/ BP CEO Bob Dudley noted that since 2017, BP has invested more in Egypt than any other country News | Oil & Gas Thu, 14 Feb 2019 09:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/14/bp-will-reportedly-invest-18bn-in-egypt-in-2019-6039631/ Basrah Gas Company to increase capacity by 40% by reducing gas flaring http://www.arabianindustry.com//oil-gas/news/2019/feb/12/basrah-gas-company-to-increase-capacity-by-40-by-reducing-gas-flaring-6038422/ The programme will capture flared gas from the three major oilfields Rumaila, West Qurna 1 and Zubair and convert it into dry gas for power generation and liquids for the domestic market and for exports. News | Oil & Gas Tue, 12 Feb 2019 12:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/12/basrah-gas-company-to-increase-capacity-by-40-by-reducing-gas-flaring-6038422/ OPEC Secretary-General Barkindo responds to US "NOPEC" antitrust bill http://www.arabianindustry.com//oil-gas/news/2019/feb/12/opec-secretary-general-barkindo-responds-to-us-nopec-antitrust-bill-6038435/ Barkindo told Reuters that "OPEC is neither a cartel nor involved in the business of fixing oil prices." News | Oil & Gas Tue, 12 Feb 2019 11:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/12/opec-secretary-general-barkindo-responds-to-us-nopec-antitrust-bill-6038435/ Indian PM Narendra Modi gives ADNOC CEO the "International Lifetime Achievement Award" at Petrotech 2019 http://www.arabianindustry.com//oil-gas/news/2019/feb/11/indian-pm-narendra-modi-gives-adnoc-ceo-the-international-lifetime-achievement-award-at-petrotech-2019-6037954/ ADNOC Group CEO Dr. Sultan Ahmed Al Jaber received the award due to his 'contribution to global and regional energy security, building bridges to the emerging economies of Asia and reshaping traditional business models to adapt to a fast-evolving energy landscape' News | Oil & Gas Mon, 11 Feb 2019 04:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/11/indian-pm-narendra-modi-gives-adnoc-ceo-the-international-lifetime-achievement-award-at-petrotech-2019-6037954/ Positive outlook for offshore upstream supply chain: Wood Mackenzie http://www.arabianindustry.com//oil-gas/news/2019/feb/7/positive-outlook-for-offshore-upstream-supply-chain-wood-mackenzie-6036446/ The consultancy noted that challenges remain as the deepwater sector recovers from the downturn News | Oil & Gas Thu, 07 Feb 2019 10:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/7/positive-outlook-for-offshore-upstream-supply-chain-wood-mackenzie-6036446/ Proserv sells precision engineering company KRG Industries to GIL Investments http://www.arabianindustry.com//oil-gas/news/2019/feb/7/proserv-sells-precision-engineering-company-krg-industries-to-gil-investments-6036355/ The company says this will allow it to focus on its core controls technology News | Oil & Gas Thu, 07 Feb 2019 10:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/7/proserv-sells-precision-engineering-company-krg-industries-to-gil-investments-6036355/ ADNOC awards $1.36bn Ghasha construction contract to UAE’s National Marine Dredging Company http://www.arabianindustry.com//oil-gas/news/2019/feb/6/adnoc-awards-136bn-ghasha-construction-contract-to-uaes-national-marine-dredging-company-6035861/ The Abu Dhabi National Oil Company (ADNOC) awarded a dredging, land reclamation and marine construction contract to build multiple artificial islands in the first phase of development of the Ghasha Concession News | Oil & Gas Wed, 06 Feb 2019 12:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/6/adnoc-awards-136bn-ghasha-construction-contract-to-uaes-national-marine-dredging-company-6035861/ Eni eyeing new opportunities in Iraq http://www.arabianindustry.com//oil-gas/news/2019/feb/5/eni-eyeing-new-opportunities-in-iraq-6035055/ The deputy prime minister of energy affairs for Iraq, Thamir A. Al Ghadhban, and the Chief Executive Officer of Eni, Claudio Descalzi met in Baghdad this week News | Oil & Gas Tue, 05 Feb 2019 10:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/5/eni-eyeing-new-opportunities-in-iraq-6035055/ Saudi Aramco and Bahrain to jointly study carbon capture and oil output boosts http://www.arabianindustry.com//oil-gas/news/2019/feb/5/saudi-aramco-and-bahrain-to-jointly-study-carbon-capture-and-oil-output-boosts-6035016/ Bahrain's oil minister, Shaikh Mohammed bin Khalifa Al-Khalifa, met with Saudi Aramco's chief technology officer (CTO) to discuss potential partnerships News | Oil & Gas Tue, 05 Feb 2019 08:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/5/saudi-aramco-and-bahrain-to-jointly-study-carbon-capture-and-oil-output-boosts-6035016/ ADNOC awards first onshore exploration concession to Occidental http://www.arabianindustry.com//oil-gas/news/2019/feb/2/adnoc-awards-first-onshore-exploration-concession-to-occidental-6033651/ USA’s Occidental will receive 35-year concession and invest $244 mn during the exploration phase of Onshore Block 3 News | Oil & Gas Sat, 02 Feb 2019 11:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/2/adnoc-awards-first-onshore-exploration-concession-to-occidental-6033651/ Iraq to drill 40 new wells in Majnoon field: Oil ministry http://www.arabianindustry.com//oil-gas/news/2019/feb/1/iraq-to-drill-40-new-wells-in-majnoon-field-oil-ministry-6033586/ This is expected to boost production at the giant field to 450,000 barrels per day (bpd) by 2021, up from current output of 240,000 bpd. News | Oil & Gas Fri, 01 Feb 2019 02:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/feb/1/iraq-to-drill-40-new-wells-in-majnoon-field-oil-ministry-6033586/ Petrofac launches 2019 global graduate programme http://www.arabianindustry.com//oil-gas/news/2019/jan/30/petrofac-launches-2019-global-graduate-programme-6032819/ The global graduate programme focuses on training and coaching Emirati graduates, some of whom will be offered full time roles at the company News | Oil & Gas Wed, 30 Jan 2019 11:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/30/petrofac-launches-2019-global-graduate-programme-6032819/ Senior oil and gas professionals confident about regional industry growth in 2019 http://www.arabianindustry.com//oil-gas/news/2019/jan/30/senior-oil-and-gas-professionals-confident-about-regional-industry-growth-in-2019-6032806/ 83% of MENA senior oil and gas professionals predict their companies will either increase or maintain capital expenditure in 2019, the highest such percentage globally News | Oil & Gas Wed, 30 Jan 2019 11:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/30/senior-oil-and-gas-professionals-confident-about-regional-industry-growth-in-2019-6032806/ EnerQuip inks $850,000 Middle East contract http://www.arabianindustry.com//oil-gas/news/2019/jan/29/enerquip-inks-850000-middle-east-contract-6032442/ The deal will see an oilfield services company supply a set of self-sufficient, containerised workshops for Kuwait News | Oil & Gas Tue, 29 Jan 2019 04:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/29/enerquip-inks-850000-middle-east-contract-6032442/ Saudi Aramco close to finalising Sabic deal, could stagger payments http://www.arabianindustry.com//oil-gas/news/2019/jan/29/saudi-aramco-close-to-finalising-sabic-deal-could-stagger-payments-6032299/ Saudi Energy Minister Khalid Al-Falih reportedly said that Aramco could "pay for a lot of it with self-generated cash" News | Oil & Gas Tue, 29 Jan 2019 01:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/29/saudi-aramco-close-to-finalising-sabic-deal-could-stagger-payments-6032299/ Total makes 250mn boe discovery in North Sea http://www.arabianindustry.com//oil-gas/news/2019/jan/29/total-makes-250mn-boe-discovery-in-north-sea-6032260/ This follows the Glendronach discovery made in September 2018 News | Oil & Gas Tue, 29 Jan 2019 11:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/29/total-makes-250mn-boe-discovery-in-north-sea-6032260/ KSA's $427bn industrial development plan to be launched today http://www.arabianindustry.com//oil-gas/news/2019/jan/28/ksas-427bn-industrial-development-plan-to-be-launched-today-6031753/ The energy industry is one of four key segments that will attract investments aiming to push private sector engagement in the economy News | Oil & Gas Mon, 28 Jan 2019 11:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/28/ksas-427bn-industrial-development-plan-to-be-launched-today-6031753/ US oil production will outpace Russia and KSA combined by 2025: Rystad Energy http://www.arabianindustry.com//oil-gas/news/2019/jan/27/us-oil-production-will-outpace-russia-and-ksa-combined-by-2025-rystad-energy-6031181/ US liquids production is forecast to surpass 24mn barrels per day over the next six years, thereby outpacing the combined output from Russia and Saudi Arabia. News | Oil & Gas Sun, 27 Jan 2019 10:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/27/us-oil-production-will-outpace-russia-and-ksa-combined-by-2025-rystad-energy-6031181/ Using cloud computing in automation http://www.arabianindustry.com//oil-gas/news/2019/jan/24/using-cloud-computing-in-automation-6030804/ Benefit from a huge range of advantages News | Oil & Gas Thu, 24 Jan 2019 04:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/24/using-cloud-computing-in-automation-6030804/ SNOC CEO says company plans to open other exploration bid rounds http://www.arabianindustry.com//oil-gas/news/2019/jan/23/snoc-ceo-says-company-plans-to-open-other-exploration-bid-rounds-6029959/ Sharjah National Oil Corporation CEO Hatem Al Mosa talks about the firm’s first international exploration licensing round, what it is doing differently and its plans for the future News | Oil & Gas Wed, 23 Jan 2019 10:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/23/snoc-ceo-says-company-plans-to-open-other-exploration-bid-rounds-6029959/ Saudi Aramco reportedly considering multi-billion dollar US gas acquisitions http://www.arabianindustry.com//oil-gas/news/2019/jan/23/saudi-aramco-reportedly-considering-multi-billion-dollar-us-gas-acquisitions-6029803/ Saudi Aramco CEO Amin Nasser told Reuters the company was willing to spend "billions of dollars" to acquire natural gas assets in the US News | Oil & Gas Wed, 23 Jan 2019 09:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/23/saudi-aramco-reportedly-considering-multi-billion-dollar-us-gas-acquisitions-6029803/ ADNOC is the Middle East's most valuable brand: Brand Finance http://www.arabianindustry.com//oil-gas/news/2019/jan/22/adnoc-is-the-middle-easts-most-valuable-brand-brand-finance-6029478/ From the UAE, Emirates and Etisalat also made the list, which was led by Amazon News | Oil & Gas Tue, 22 Jan 2019 02:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/22/adnoc-is-the-middle-easts-most-valuable-brand-brand-finance-6029478/ Dr Leila Benali appointed chief economist at APICORP http://www.arabianindustry.com//oil-gas/news/2019/jan/22/dr-leila-benali-appointed-chief-economist-at-apicorp-6029465/ The engineer-turned-economist and Saudi Aramco alumna will lead APICORP's Energy Economics and Sustainability Department News | Oil & Gas Tue, 22 Jan 2019 02:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/22/dr-leila-benali-appointed-chief-economist-at-apicorp-6029465/ OPEC oil production dropped by 751,000 bpd in December 2018 http://www.arabianindustry.com//oil-gas/news/2019/jan/21/opec-oil-production-dropped-by-751000-bpd-in-december-2018-6028594/ Non-OPEC supply increased by 40,000 bpd in December 2018, mostly led by the Americas News | Oil & Gas Mon, 21 Jan 2019 09:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/21/opec-oil-production-dropped-by-751000-bpd-in-december-2018-6028594/ Global gas production hit highest growth in a decade in 2018 http://www.arabianindustry.com//oil-gas/news/2019/jan/20/global-gas-production-hit-highest-growth-in-a-decade-in-2018-6027879/ North America drove growth, followed by the Middle East News | Oil & Gas Sun, 20 Jan 2019 09:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/20/global-gas-production-hit-highest-growth-in-a-decade-in-2018-6027879/ Eni will start drilling for oil in Bahrain in 2019: Bahrain oil minister http://www.arabianindustry.com//oil-gas/news/2019/jan/16/eni-will-start-drilling-for-oil-in-bahrain-in-2019-bahrain-oil-minister-6026774/ Mohammed bin Khalifa Al Khalifa, Bahrain's oil minister, said that the first exploratory well will be drilled this year News | Oil & Gas Wed, 16 Jan 2019 11:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/16/eni-will-start-drilling-for-oil-in-bahrain-in-2019-bahrain-oil-minister-6026774/ Saudi Aramco awards Zuluf and Berri EPC contracts to L&T consortium http://www.arabianindustry.com//oil-gas/news/2019/jan/16/saudi-aramco-awards-zuluf-and-berri-epc-contracts-to-lt-consortium-6026761/ The consortium will perform the engineering, procurement, construction and installation of subsea pipelines and three oil production deck manifolds for Aramco's Berri and Zuluf fields News | Oil & Gas Wed, 16 Jan 2019 11:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/16/saudi-aramco-awards-zuluf-and-berri-epc-contracts-to-lt-consortium-6026761/ Eni signs exploration and production sharing agreement for Oman's onshore Block 47 http://www.arabianindustry.com//oil-gas/news/2019/jan/14/eni-signs-exploration-and-production-sharing-agreement-for-omans-onshore-block-47-6025669/ Eni is heavily expanding its Middle East presence with several exploration deals News | Oil & Gas Mon, 14 Jan 2019 01:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/14/eni-signs-exploration-and-production-sharing-agreement-for-omans-onshore-block-47-6025669/ Eni awarded three of Sharjah's onshore exploration concession areas http://www.arabianindustry.com//oil-gas/news/2019/jan/13/eni-awarded-three-of-sharjahs-onshore-exploration-concession-areas-6025162/ The UAE emirate Sharjah launched its first international competitive exploration licensing round in 2018 to explore and develop new hydrocarbon resources News | Oil & Gas Sun, 13 Jan 2019 01:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/13/eni-awarded-three-of-sharjahs-onshore-exploration-concession-areas-6025162/ Eni, PTTEP wins ADNOC’s first-ever competitive open block licensing round; awarded two offshore exploration blocks http://www.arabianindustry.com//petrochemicals/news/2019/jan/13/eni-pttep-wins-adnocs-first-ever-competitive-open-block-licensing-round-awarded-two-offshore-exploration-blocks-6024850/ The two blocks in the northwest of Abu Dhabi are the first blocks to be awarded among the geographical areas that were offered for commercial bidding by ADNOC, in April 2018, as part of Abu Dhabi’s first competitive open block licensing strategy News | Oil & Gas Sun, 13 Jan 2019 09:00:05 +0400 http://www.arabianindustry.com//petrochemicals/news/2019/jan/13/eni-pttep-wins-adnocs-first-ever-competitive-open-block-licensing-round-awarded-two-offshore-exploration-blocks-6024850/ ADNOC pursues tech-focused, digital-first mindset http://www.arabianindustry.com//petrochemicals/news/2019/jan/13/abu-dhabi-fund-for-development-allocates-us10mn-for-solar-pv-project-in-mauritius-6024941/ ADNOC is continuing to optimise its resources and engage with strategic partners, who bring new technology and open up growth markets, says official News | Oil & Gas Sun, 13 Jan 2019 09:00:00 +0400 http://www.arabianindustry.com//petrochemicals/news/2019/jan/13/abu-dhabi-fund-for-development-allocates-us10mn-for-solar-pv-project-in-mauritius-6024941/ $835bn in active oil and gas projects across GCC: ProTenders http://www.arabianindustry.com//oil-gas/news/2019/jan/9/835bn-in-active-oil-and-gas-projects-across-gcc-protenders-6023849/ Oil and gas accounted for 27% of main contract awards across the GCC in Q4 2018 and Q1 2019 News | Oil & Gas Wed, 09 Jan 2019 02:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/9/835bn-in-active-oil-and-gas-projects-across-gcc-protenders-6023849/ Risk management software company Sphera acquires Petrotechnics http://www.arabianindustry.com//oil-gas/news/2019/jan/9/risk-management-software-company-sphera-acquires-petrotechnics-6023589/ Sphera says the acquisition will expand its base of operational risk solutions through applications digitising and visualising risks at the operational level with real-time data News | Oil & Gas Wed, 09 Jan 2019 11:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2019/jan/9/risk-management-software-company-sphera-acquires-petrotechnics-6023589/ Oman Gas leverages digital DNA to increase reliability performance by 9% with AssetWise Asset Reliability http://www.arabianindustry.com//technology/news/2019/jan/9/oman-gas-leverages-digital-dna-to-increase-reliability-performance-by-9-with-assetwise-asset-reliability-6023446/ The organisation has digitized its reliability and maintenance program by implementing Bentley’s AssetWise Asset Reliability solution News | Oil & Gas Wed, 09 Jan 2019 09:00:00 +0400 http://www.arabianindustry.com//technology/news/2019/jan/9/oman-gas-leverages-digital-dna-to-increase-reliability-performance-by-9-with-assetwise-asset-reliability-6023446/