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 Mon, 06 Apr 2020 05:51:05 +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. 2020 webmaster@www.arabianindustry.com (webmaster) Mon, 06 Apr 2020 05:51:05 +0400 20 ICAEW: COVID-19 pandemic brings Middle East economies to temporary standstill http://www.arabianindustry.com//oil-gas/news/2020/apr/6/icaew-covid-19-pandemic-brings-middle-east-economies-to-temporary-standstill-6362811/ The Middle East economy will see a sharp slowdown in the first half of 2020, picking up later in the year News | Oil & Gas Mon, 06 Apr 2020 03:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/6/icaew-covid-19-pandemic-brings-middle-east-economies-to-temporary-standstill-6362811/ UAE supports Saudi call for emergency OPEC+ meeting http://www.arabianindustry.com//oil-gas/news/2020/apr/6/uae-supports-saudi-call-for-emergency-opec-meeting-6362889/ The OPEC+ emergency meeting has been postponed due a deepening dispute between Russia and Saudi Arabia News | Oil & Gas Mon, 06 Apr 2020 03:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/6/uae-supports-saudi-call-for-emergency-opec-meeting-6362889/ ADNOC to continue 'responsible' investments despite coronavirus http://www.arabianindustry.com//oil-gas/news/2020/apr/6/adnoc-to-continue-responsible-investments-despite-coronavirus-6362525/ ADNOC CEO Dr. Sultan Al Jaber said that the company is 'stronger, more resilient and better positioned' to deal with market conditions thanks to its transformation News | Oil & Gas Mon, 06 Apr 2020 11:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/6/adnoc-to-continue-responsible-investments-despite-coronavirus-6362525/ Aramco appoints new board member http://www.arabianindustry.com//oil-gas/news/2020/apr/6/aramco-appoints-new-board-member-6362538/ Mark Weinberg will join the board of Saudi Aramco as an independent member News | Oil & Gas Mon, 06 Apr 2020 11:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/6/aramco-appoints-new-board-member-6362538/ Natural gas prices expected even lower in 2020: Rystad Energy http://www.arabianindustry.com//oil-gas/news/2020/apr/5/natural-gas-prices-expected-even-lower-in-2020-rystad-energy-6362096/ Rystad Energy says that natural gas will continue to feel the aftershock of coronavirus for years News | Oil & Gas Sun, 05 Apr 2020 04:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/5/natural-gas-prices-expected-even-lower-in-2020-rystad-energy-6362096/ OPEC+ emergency meeting postponed to April 8 or 9 http://www.arabianindustry.com//oil-gas/news/2020/apr/5/opec-emergency-meeting-postponed-to-april-8-or-9-6362109/ The dispute between Saudi Arabia and Russia has deepened News | Oil & Gas Sun, 05 Apr 2020 04:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/5/opec-emergency-meeting-postponed-to-april-8-or-9-6362109/ Heavily indebted US upstream sector on track for record Chapter 11 filings http://www.arabianindustry.com//oil-gas/news/2020/apr/5/heavily-indebted-us-upstream-sector-on-track-for-record-chapter-11-filings-6361459/ More than 70 US oil and gas operators are expected to be in trouble to meet interest payments News | Oil & Gas Sun, 05 Apr 2020 10:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/5/heavily-indebted-us-upstream-sector-on-track-for-record-chapter-11-filings-6361459/ ICAEW: Oil price drop prompts sharp spending cuts in Saudi Arabia http://www.arabianindustry.com//oil-gas/news/2020/apr/5/icaew-oil-price-drop-prompts-sharp-spending-cuts-in-saudi-arabia-6361472/ The ICAEW has slashed its 2020 growth forecast for Saudi's non-oil sector News | Oil & Gas Sun, 05 Apr 2020 10:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/5/icaew-oil-price-drop-prompts-sharp-spending-cuts-in-saudi-arabia-6361472/ ASCO appoints new CFO http://www.arabianindustry.com//oil-gas/news/2020/apr/4/asco-appoints-new-cfo-6361043/ Gary Paver will take on the role, with more than 25 years of experience in the industry News | Oil & Gas Sat, 04 Apr 2020 09:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/4/asco-appoints-new-cfo-6361043/ Pipeline specialist STATS Group expands operations in Oman http://www.arabianindustry.com//oil-gas/news/2020/apr/2/pipeline-specialist-stats-group-expands-operations-in-oman-6360367/ The company opened a workshop in Muscat News | Oil & Gas Thu, 02 Apr 2020 09:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/2/pipeline-specialist-stats-group-expands-operations-in-oman-6360367/ Top regional companies must prepare for up to $1trn loss in brand value http://www.arabianindustry.com//oil-gas/news/2020/apr/1/top-regional-companies-must-prepare-for-up-to-1trn-loss-in-brand-value-6359457/ ADNOC is UAE’s most valuable brand, growing 29% since last year, to $11.4 billion News | Oil & Gas Wed, 01 Apr 2020 08:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/1/top-regional-companies-must-prepare-for-up-to-1trn-loss-in-brand-value-6359457/ ADNOC Distribution to keep 2020 dividend policy steady http://www.arabianindustry.com//oil-gas/news/2020/apr/1/adnoc-distribution-to-keep-2020-dividend-policy-steady-6359470/ 2020 dividend policy set to continue with an increase by 7.5% to $700 million after 62% increase in 2019 dividend to $650 million News | Oil & Gas Wed, 01 Apr 2020 08:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/apr/1/adnoc-distribution-to-keep-2020-dividend-policy-steady-6359470/ Dana Gas to pursue demerger feasibility study http://www.arabianindustry.com//oil-gas/news/2020/mar/31/dana-gas-to-pursue-demerger-feasibility-study-6359171/ Currently, the company owns upstream oil and gas producing assets including Dana Gas Egypt and a 35% stake in Pearl Petroleum News | Oil & Gas Tue, 31 Mar 2020 04:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/31/dana-gas-to-pursue-demerger-feasibility-study-6359171/ Understand the impact of Covid-19 on your supply chain http://www.arabianindustry.com//oil-gas/news/2020/mar/31/understand-the-impact-of-covid-19-on-your-supply-chain-6358612/ A free resource to analyse the impact of coronavirus on your supply chain News | Oil & Gas Tue, 31 Mar 2020 07:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/31/understand-the-impact-of-covid-19-on-your-supply-chain-6358612/ How coronavirus will impact solar energy in the region http://www.arabianindustry.com//oil-gas/news/2020/mar/30/how-coronavirus-will-impact-solar-energy-in-the-region-6358027/ Laurent Longuet, CEO of SirajPower, UAE's leading distributed solar energy provider, shares his views on the UAE's efforts to curb the spread of COVID-19 and the impact on the solar energy sector in the region News | Oil & Gas Mon, 30 Mar 2020 11:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/30/how-coronavirus-will-impact-solar-energy-in-the-region-6358027/ Trio of oil and gas players unite to launch new Coretrax http://www.arabianindustry.com//oil-gas/news/2020/mar/30/trio-of-oil-and-gas-players-unite-to-launch-new-coretrax-6357884/ Global well integrity and production optimisation leader set to disrupt the market News | Oil & Gas Mon, 30 Mar 2020 10:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/30/trio-of-oil-and-gas-players-unite-to-launch-new-coretrax-6357884/ PDO to cut staff due to coronavirus http://www.arabianindustry.com//oil-gas/news/2020/mar/30/pdo-to-cut-staff-due-to-coronavirus-6357767/ The company is also expecting equipment shortages News | Oil & Gas Mon, 30 Mar 2020 08:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/30/pdo-to-cut-staff-due-to-coronavirus-6357767/ Egypt sentences five to death for pipeline explosion http://www.arabianindustry.com//oil-gas/news/2020/mar/29/egypt-sentences-five-to-death-for-pipeline-explosion-6357273/ Five more were sentenced to 15 years in prison News | Oil & Gas Sun, 29 Mar 2020 11:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/29/egypt-sentences-five-to-death-for-pipeline-explosion-6357273/ No new talks with Russia on production deal, Saudi Arabia says http://www.arabianindustry.com//oil-gas/news/2020/mar/29/no-new-talks-with-russia-on-production-deal-saudi-arabia-says-6356935/ We are just days away from the expiration of the current OPEC+ deal News | Oil & Gas Sun, 29 Mar 2020 08:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/29/no-new-talks-with-russia-on-production-deal-saudi-arabia-says-6356935/ ENI to cut 2020 capex by 25% amid coronavirus pandemic http://www.arabianindustry.com//oil-gas/news/2020/mar/29/eni-to-cut-2020-capex-by-25-amid-coronavirus-pandemic-6356857/ The company is planning to reassess its Middle East projects News | Oil & Gas Sun, 29 Mar 2020 08:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/29/eni-to-cut-2020-capex-by-25-amid-coronavirus-pandemic-6356857/ DNV GL introduces digital tool to manage major safety and cost risks exposed by corrosion under insulation http://www.arabianindustry.com//oil-gas/news/2020/mar/27/dnv-gl-introduces-digital-tool-to-manage-major-safety-and-cost-risks-exposed-by-corrosion-under-insulation-6356441/ CUI Manager, a new digital tool, combines DNV GL’s methodology with live asset data News | Oil & Gas Fri, 27 Mar 2020 10:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/27/dnv-gl-introduces-digital-tool-to-manage-major-safety-and-cost-risks-exposed-by-corrosion-under-insulation-6356441/ ADNOC Distribution activates contactless payment options across stations http://www.arabianindustry.com//oil-gas/news/2020/mar/26/adnoc-distribution-activates-contactless-payment-options-across-stations-6355934/ The Mobile Pay option on the ADNOC Distribution App allows customers to identify the station they are at, select their fuel pump, choose their preferred fuel and the amount they would like, all without leaving their car News | Oil & Gas Thu, 26 Mar 2020 08:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/26/adnoc-distribution-activates-contactless-payment-options-across-stations-6355934/ ENI to review Middle East projects http://www.arabianindustry.com//oil-gas/news/2020/mar/25/eni-to-review-middle-east-projects-6355102/ The company said it will have a revised plan in the coming month News | Oil & Gas Wed, 25 Mar 2020 09:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/25/eni-to-review-middle-east-projects-6355102/ SNOC to delay Mahani 1 startup due to coronavirus http://www.arabianindustry.com//oil-gas/news/2020/mar/25/snoc-to-delay-mahani-1-startup-due-to-coronavirus-6355115/ The project could be delayed by up to two months News | Oil & Gas Wed, 25 Mar 2020 09:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/25/snoc-to-delay-mahani-1-startup-due-to-coronavirus-6355115/ SNOC awards $40 million gas storage project to Petrofac http://www.arabianindustry.com//oil-gas/news/2020/mar/24/snoc-awards-40-million-gas-storage-project-to-petrofac-6354348/ The project comprises a new high-pressure compressor facility, a high-pressure pipeline and flow lines to four existing wells in Moveyeid Field News | Oil & Gas Tue, 24 Mar 2020 10:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/24/snoc-awards-40-million-gas-storage-project-to-petrofac-6354348/ Shell to cut 2020 spending by $5 billion following oil price crash http://www.arabianindustry.com//oil-gas/news/2020/mar/24/shell-to-cut-2020-spending-by-5-billion-following-oil-price-crash-6354244/ Oil prices have crashed as the coronavirus pandemic has slashed global demand and becacuse of the oil price war between Saudi Arabia and Russia News | Oil & Gas Tue, 24 Mar 2020 08:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/24/shell-to-cut-2020-spending-by-5-billion-following-oil-price-crash-6354244/ Oil & gas digital platform secures $2 million investment http://www.arabianindustry.com//oil-gas/news/2020/mar/24/oil-gas-digital-platform-secures-2-million-investment-6354205/ Proteus is a cloud-based work management system that allows companies to find the right people for projects News | Oil & Gas Tue, 24 Mar 2020 08:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/24/oil-gas-digital-platform-secures-2-million-investment-6354205/ ASCO acquires waste disposal company NORM Solutions http://www.arabianindustry.com//oil-gas/news/2020/mar/23/asco-acquires-waste-disposal-company-norm-solutions-6353984/ The acquisition reflects ASCO’s overall strategy to continually strengthen its specialist waste and decommissioning capabilities News | Oil & Gas Mon, 23 Mar 2020 02:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/23/asco-acquires-waste-disposal-company-norm-solutions-6353984/ Zamil Shipyards and KenzFigee sign MoU for KSA crane services and construction http://www.arabianindustry.com//oil-gas/news/2020/mar/23/zamil-shipyards-and-kenzfigee-sign-mou-for-ksa-crane-services-and-construction-6353997/ The Memorandum of Understanding covers a mutual cooperation in the Kingdom of Saudi Arabia for the provision of offshore crane services and local construction of KenzFigee offshore cranes and equipment News | Oil & Gas Mon, 23 Mar 2020 02:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/23/zamil-shipyards-and-kenzfigee-sign-mou-for-ksa-crane-services-and-construction-6353997/ Saudi Aramco develops emergency plans to ensure reliable supply: CEO http://www.arabianindustry.com//oil-gas/news/2020/mar/23/saudi-aramco-develops-emergency-plans-to-ensure-reliable-supply-ceo-6353646/ Amin Nasser said that the plans would help ensure ongoing operations despite border and transit route shut downs. News | Oil & Gas Mon, 23 Mar 2020 10:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/23/saudi-aramco-develops-emergency-plans-to-ensure-reliable-supply-ceo-6353646/ China’s crude reserves to reach 1.15 billion barrels in 2020: Wood Mackenzie http://www.arabianindustry.com//oil-gas/news/2020/mar/23/chinas-crude-reserves-to-reach-115-billion-barrels-in-2020-wood-mackenzie-6353555/ The country is building up strategic reserves while oil prices are low News | Oil & Gas Mon, 23 Mar 2020 10:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/23/chinas-crude-reserves-to-reach-115-billion-barrels-in-2020-wood-mackenzie-6353555/ Rosneft CEO questions need for OPEC+ agreements http://www.arabianindustry.com//oil-gas/news/2020/mar/22/rosneft-ceo-questions-need-for-opec-agreements-6353399/ Igor Sechin reportedly questioned whether there was a point to cutting production if other producers simply filled the gap News | Oil & Gas Sun, 22 Mar 2020 03:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/22/rosneft-ceo-questions-need-for-opec-agreements-6353399/ European gas demand growth nearly erased due to COVID-19 lockdown http://www.arabianindustry.com//oil-gas/news/2020/mar/22/european-gas-demand-growth-nearly-erased-due-to-covid-19-lockdown-6352996/ Rystad Energy says European energy demand is likely to rop by 0.7% compared to previous forecasts News | Oil & Gas Sun, 22 Mar 2020 08:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/22/european-gas-demand-growth-nearly-erased-due-to-covid-19-lockdown-6352996/ Crescent Petroleum partners with SAP for digital transformation http://www.arabianindustry.com//oil-gas/news/2020/mar/20/crescent-petroleum-partners-with-sap-for-digital-transformation-6352723/ Digital transformation with SAP provides real-time operational insights, integrated asset management, and upskills talent News | Oil & Gas Fri, 20 Mar 2020 04:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/20/crescent-petroleum-partners-with-sap-for-digital-transformation-6352723/ TAQA announces third year of profitability http://www.arabianindustry.com//oil-gas/news/2020/mar/19/taqa-announces-third-year-of-profitability-6352229/ The company produced 124,418 barrels of oil equivalent per day News | Oil & Gas Thu, 19 Mar 2020 12:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/19/taqa-announces-third-year-of-profitability-6352229/ Saudi Aramco to continue supplying 12.3 million barrels of crude per day for "coming months" http://www.arabianindustry.com//oil-gas/news/2020/mar/19/saudi-aramco-to-continue-supplying-123-million-barrels-of-crude-per-day-for-coming-months-6352138/ The supply increase will continue "over the coming months" News | Oil & Gas Thu, 19 Mar 2020 09:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/19/saudi-aramco-to-continue-supplying-123-million-barrels-of-crude-per-day-for-coming-months-6352138/ More than 200 OFS firms in Europe could go bankrupt as coronavirus slashes $5 billion off the market: Rystad http://www.arabianindustry.com//oil-gas/news/2020/mar/18/more-than-200-ofs-firms-in-europe-could-go-bankrupt-as-coronavirus-slashes-5-billion-off-the-market-rystad-6351878/ The European service market, which was expected to stay largely flat this year from the 2019 level of $47 billion in our pre-coronavirus estimates, is now facing a number of hurdles because of the outbreak News | Oil & Gas Wed, 18 Mar 2020 05:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/18/more-than-200-ofs-firms-in-europe-could-go-bankrupt-as-coronavirus-slashes-5-billion-off-the-market-rystad-6351878/ Saudi Aramco will likely maintain high production through May, CEO says http://www.arabianindustry.com//oil-gas/news/2020/mar/18/saudi-aramco-will-likely-maintain-high-production-through-may-ceo-says-6351215/ Aramco CFO Khalid al-Dabbagh said that he is "very comfortable" with an oil price of $30 per barrel News | Oil & Gas Wed, 18 Mar 2020 09:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/18/saudi-aramco-will-likely-maintain-high-production-through-may-ceo-says-6351215/ The OPEC Fund commits $200m to fight against COVID-19 http://www.arabianindustry.com//oil-gas/news/2020/mar/18/the-opec-fund-commits-200m-to-fight-against-covid-19-6351228/ The financial package will be deployed via long-term loans, private sector and trade finance facility windows and grants. News | Oil & Gas Wed, 18 Mar 2020 09:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/18/the-opec-fund-commits-200m-to-fight-against-covid-19-6351228/ Developing countries could lose up to 85% of oil and gas income in 2020: OPEC, IEA http://www.arabianindustry.com//oil-gas/news/2020/mar/17/developing-countries-could-lose-up-to-85-of-oil-and-gas-income-in-2020-opec-iea-6350565/ IEA and OPEC leaders released a rare joint statement in reaction to the coronavirus pandemic and the crash in oil prices News | Oil & Gas Tue, 17 Mar 2020 11:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/17/developing-countries-could-lose-up-to-85-of-oil-and-gas-income-in-2020-opec-iea-6350565/ Sheikh Mohamed says stimulus programme will protect UAE economy http://www.arabianindustry.com//oil-gas/news/2020/mar/16/sheikh-mohamed-says-stimulus-programme-will-protect-uae-economy-6349746/ He detailed how the government would ensure economic stability News | Oil & Gas Mon, 16 Mar 2020 09:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/16/sheikh-mohamed-says-stimulus-programme-will-protect-uae-economy-6349746/ Sheikh Mohamed says stimulus programme will protect UAE economy http://www.arabianindustry.com//oil-gas/news/2020/mar/16/sheikh-mohamed-says-stimulus-programme-will-protect-uae-economy-6349759/ He detailed how the government would ensure economic stability News | Oil & Gas Mon, 16 Mar 2020 09:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/16/sheikh-mohamed-says-stimulus-programme-will-protect-uae-economy-6349759/ TechnipFMC puts split on hold due to coronavirus http://www.arabianindustry.com//oil-gas/news/2020/mar/16/technipfmc-puts-split-on-hold-due-to-coronavirus-6349590/ It will continue preparations to move ahead once markets stabilise News | Oil & Gas Mon, 16 Mar 2020 08:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/16/technipfmc-puts-split-on-hold-due-to-coronavirus-6349590/ Saudi Aramco releases 2019 financial results http://www.arabianindustry.com//oil-gas/news/2020/mar/15/saudi-aramco-releases-2019-financial-results-6349317/ Saudi Aramco released its full year financial results for 2019, reporting $88.2 billion net income News | Oil & Gas Sun, 15 Mar 2020 04:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/15/saudi-aramco-releases-2019-financial-results-6349317/ Business continuity guidelines for UAE organisations during coronavirus outbreak http://www.arabianindustry.com//oil-gas/news/2020/mar/15/business-continuity-guidelines-for-uae-organisations-during-coronavirus-outbreak-6349330/ The National Emergency Crisis and Disaster Management Authority published business continuity readiness guidelines during coronavirus, WAM reported News | Oil & Gas Sun, 15 Mar 2020 04:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/15/business-continuity-guidelines-for-uae-organisations-during-coronavirus-outbreak-6349330/ KOC Hospital turns ward into coronavirus quarantine http://www.arabianindustry.com//oil-gas/news/2020/mar/15/koc-hospital-turns-ward-into-coronavirus-quarantine-6348680/ Kuwait Oil Company Hospital designated a full ward to quarantine coronavirus patients News | Oil & Gas Sun, 15 Mar 2020 10:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/15/koc-hospital-turns-ward-into-coronavirus-quarantine-6348680/ Volatile oil and gas market attracts short sellers, says GlobalData http://www.arabianindustry.com//oil-gas/news/2020/mar/15/volatile-oil-and-gas-market-attracts-short-sellers-says-globaldata-6348693/ Globaldata says big losses for oil companies could mean big money for short sellers News | Oil & Gas Sun, 15 Mar 2020 10:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/15/volatile-oil-and-gas-market-attracts-short-sellers-says-globaldata-6348693/ US shale supply badly hit by price war and forced to become more resilient, says GlobalData http://www.arabianindustry.com//oil-gas/news/2020/mar/14/us-shale-supply-badly-hit-by-price-war-and-forced-to-become-more-resilient-says-globaldata-6348485/ Adrian Lara, oil and gas analyst at GlobalData, a leading data and analytics company, offers his view News | Oil & Gas Sat, 14 Mar 2020 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/14/us-shale-supply-badly-hit-by-price-war-and-forced-to-become-more-resilient-says-globaldata-6348485/ US shale supply badly hit by price war and forced to become more resilient, says GlobalData http://www.arabianindustry.com//oil-gas/news/2020/mar/14/us-shale-supply-badly-hit-by-price-war-and-forced-to-become-more-resilient-says-globaldata-6348498/ Adrian Lara, oil and gas analyst at GlobalData, a leading data and analytics company, offers his view News | Oil & Gas Sat, 14 Mar 2020 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/14/us-shale-supply-badly-hit-by-price-war-and-forced-to-become-more-resilient-says-globaldata-6348498/ Kuwait and Iraq lower their oil prices http://www.arabianindustry.com//oil-gas/news/2020/mar/12/kuwait-and-iraq-lower-their-oil-prices-6347874/ The countries following Saudi Arabia's lead, cutting prices for April crude sales News | Oil & Gas Thu, 12 Mar 2020 01:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/12/kuwait-and-iraq-lower-their-oil-prices-6347874/ UAE energy minister says new OPEC+ agreement key to balance market http://www.arabianindustry.com//oil-gas/news/2020/mar/12/uae-energy-minister-says-new-opec-agreement-key-to-balance-market-6347250/ He is "disappointed" about the failure to reach an agreement News | Oil & Gas Thu, 12 Mar 2020 09:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/12/uae-energy-minister-says-new-opec-agreement-key-to-balance-market-6347250/ UAE energy minister says new OPEC+ agreement key to balance market http://www.arabianindustry.com//oil-gas/news/2020/mar/12/uae-energy-minister-says-new-opec-agreement-key-to-balance-market-6347237/ He is "disappointed" about the failure to reach an agreement News | Oil & Gas Thu, 12 Mar 2020 09:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/12/uae-energy-minister-says-new-opec-agreement-key-to-balance-market-6347237/ Saudi oil price war unlikely to have quick end, says GlobalData http://www.arabianindustry.com//oil-gas/news/2020/mar/12/saudi-oil-price-war-unlikely-to-have-quick-end-says-globaldata-6347263/ The price drop will impact US shale producers and potentially Russia's government News | Oil & Gas Thu, 12 Mar 2020 08:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/12/saudi-oil-price-war-unlikely-to-have-quick-end-says-globaldata-6347263/ Saudi oil price war unlikely to have quick end, says GlobalData http://www.arabianindustry.com//oil-gas/news/2020/mar/12/saudi-oil-price-war-unlikely-to-have-quick-end-says-globaldata-6347276/ The price drop will impact US shale producers and potentially Russia's government News | Oil & Gas Thu, 12 Mar 2020 08:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/12/saudi-oil-price-war-unlikely-to-have-quick-end-says-globaldata-6347276/ Energy ministry instructs Aramco to increase capacity to 13mbpd in April http://www.arabianindustry.com//oil-gas/news/2020/mar/11/energy-ministry-instructs-aramco-to-increase-capacity-to-13mbpd-in-april-6346990/ Saudi Arabia has switched courses after Russia refused to agree to further output cuts News | Oil & Gas Wed, 11 Mar 2020 04:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/11/energy-ministry-instructs-aramco-to-increase-capacity-to-13mbpd-in-april-6346990/ ADNOC could increase supply to over 4 million barrels per day in April http://www.arabianindustry.com//oil-gas/news/2020/mar/11/adnoc-could-increase-supply-to-over-4-million-barrels-per-day-in-april-6347003/ ADNOC Group CEO Dr. Sultan Al Jaber noted that the company would accelerate its 5 million barrel per day capacity target News | Oil & Gas Wed, 11 Mar 2020 04:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/11/adnoc-could-increase-supply-to-over-4-million-barrels-per-day-in-april-6347003/ Saudi Aramco to produce 12.3 million barrels per day in April http://www.arabianindustry.com//oil-gas/news/2020/mar/11/saudi-aramco-to-produce-123-million-barrels-per-day-in-april-6346509/ After Russia refused deeper output cuts, Saudi Arabia responded by cutting its oil prices and removing limits on its production News | Oil & Gas Wed, 11 Mar 2020 10:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/11/saudi-aramco-to-produce-123-million-barrels-per-day-in-april-6346509/ OFS companies prepare as price war could cut $250 billion off E&P budgets http://www.arabianindustry.com//oil-gas/news/2020/mar/11/ofs-companies-prepare-as-price-war-could-cut-250-billion-off-ep-budgets-6346340/ Rystad Energy says that the total capital and operation expenditure of upstream companies could be cut by $100 billion in 2020 and another $150 billion in 2021 News | Oil & Gas Wed, 11 Mar 2020 09:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/11/ofs-companies-prepare-as-price-war-could-cut-250-billion-off-ep-budgets-6346340/ OMV and Mubadala negotiating acquisition of an additional 39% share in Borealis http://www.arabianindustry.com//oil-gas/news/2020/mar/9/omv-and-mubadala-negotiating-acquisition-of-an-additional-39-share-in-borealis-6344858/ The potential transaction would increase OMV's current shareholding in Borealis from 36% to 75% News | Oil & Gas Mon, 09 Mar 2020 02:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/9/omv-and-mubadala-negotiating-acquisition-of-an-additional-39-share-in-borealis-6344858/ Neutral Zone exports to restart in April http://www.arabianindustry.com//oil-gas/news/2020/mar/9/neutral-zone-exports-to-restart-in-april-6344845/ Production has already started at the Khafji field News | Oil & Gas Mon, 09 Mar 2020 02:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/9/neutral-zone-exports-to-restart-in-april-6344845/ Saudi to grow production, starting a price war http://www.arabianindustry.com//oil-gas/news/2020/mar/9/saudi-to-grow-production-starting-a-price-war-6344871/ This comes as demand has been slashed due to the coronavirus outbreak News | Oil & Gas Mon, 09 Mar 2020 01:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/9/saudi-to-grow-production-starting-a-price-war-6344871/ Global oil & gas industry deals total $9.68bn in January 2020 http://www.arabianindustry.com//oil-gas/news/2020/mar/8/global-oil-gas-industry-deals-total-968bn-in-january-2020-6344234/ The value marked a decrease of 74.9% over the previous month and a drop of 74.3% when compared with the last 12-month average of $37.66bn News | Oil & Gas Sun, 08 Mar 2020 05:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/8/global-oil-gas-industry-deals-total-968bn-in-january-2020-6344234/ Algeria fights to grow upstream sector http://www.arabianindustry.com//oil-gas/news/2020/mar/8/algeria-fights-to-grow-upstream-sector-6345495/ Almost one year after protests caused a massive shift in Algeria’s government, where is the country now, and what is it doing to repair its shrinking oil and gas sector? News | Oil & Gas Sun, 08 Mar 2020 03:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/8/algeria-fights-to-grow-upstream-sector-6345495/ China loses its appetite: The impact of coronavirus http://www.arabianindustry.com//oil-gas/news/2020/mar/8/china-loses-its-appetite-the-impact-of-coronavirus-6346054/ The novel coronavirus has restrained China's voracious hunger for oil, leaving Middle East producers with too much on their plate News | Oil & Gas Sun, 08 Mar 2020 03:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/8/china-loses-its-appetite-the-impact-of-coronavirus-6346054/ Awards review: Winners and highly commended from the 2019 Middle East Energy Awards http://www.arabianindustry.com//oil-gas/news/2020/mar/8/awards-review-winners-and-highly-commended-from-the-2019-middle-east-energy-awards-6345521/ As we look ahead to the 2020 edition of the Middle East Energy Awards, set to take place on 30 June in Abu Dhabi, we review last year's awards ceremony. News | Oil & Gas Sun, 08 Mar 2020 03:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/8/awards-review-winners-and-highly-commended-from-the-2019-middle-east-energy-awards-6345521/ Oil prices plummet as OPEC+ deal falls apart http://www.arabianindustry.com//oil-gas/news/2020/mar/8/oil-prices-plummet-as-opec-deal-falls-apart-6343805/ Oil prices plummeted to $45 per barrel of Brent crude News | Oil & Gas Sun, 08 Mar 2020 11:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/8/oil-prices-plummet-as-opec-deal-falls-apart-6343805/ SDX Energy makes commercial gas find onshore Morocco http://www.arabianindustry.com//oil-gas/news/2020/mar/8/sdx-energy-makes-commercial-gas-find-onshore-morocco-6343649/ It said that its total reserves would now accommodate three to four years of customer demand News | Oil & Gas Sun, 08 Mar 2020 10:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/8/sdx-energy-makes-commercial-gas-find-onshore-morocco-6343649/ McDermott provides update on Lummus Technology sale http://www.arabianindustry.com//oil-gas/news/2020/mar/8/mcdermott-provides-update-on-lummus-technology-sale-6343662/ It will move ahead with the sale as it restructures News | Oil & Gas Sun, 08 Mar 2020 10:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/8/mcdermott-provides-update-on-lummus-technology-sale-6343662/ ExtraHop releases fully integrated hosted NDR solution for hybrid enterprises http://www.arabianindustry.com//oil-gas/news/2020/mar/7/extrahop-releases-fully-integrated-hosted-ndr-solution-for-hybrid-enterprises-6343480/ New Reveal(x) Cloud accelerates time-to-value by providing 360-degree visibility across multi-cloud and IoT environments plus end-to-end workflows for rapid threat hunting News | Oil & Gas Sat, 07 Mar 2020 11:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/7/extrahop-releases-fully-integrated-hosted-ndr-solution-for-hybrid-enterprises-6343480/ Rockwell Automation to acquire Kalypso http://www.arabianindustry.com//oil-gas/news/2020/mar/7/rockwell-automation-to-acquire-kalypso-6343441/ Kalypso offers a full suite of consulting, digital innovation, enterprise technology and business process management services that enable the transformation of product design and development, production management, and client service models News | Oil & Gas Sat, 07 Mar 2020 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/7/rockwell-automation-to-acquire-kalypso-6343441/ DNV GL appoints new chief financial officer http://www.arabianindustry.com//oil-gas/news/2020/mar/7/dnv-gl-appoints-new-chief-financial-officer-6343454/ Ebbesberg will join DNV GL on 1 April 2020 and take up the Group CFO position as of 1 July 2020 News | Oil & Gas Sat, 07 Mar 2020 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/7/dnv-gl-appoints-new-chief-financial-officer-6343454/ Deep Casing Tools achieved 120% turnover growth in 2019 http://www.arabianindustry.com//oil-gas/news/2020/mar/6/deep-casing-tools-achieved-120-turnover-growth-in-2019-6343298/ Plans to focus on decommissioning and bring new technologies to market are expected to boost 2020 growth News | Oil & Gas Fri, 06 Mar 2020 10:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/6/deep-casing-tools-achieved-120-turnover-growth-in-2019-6343298/ Maersk Drilling secures one-well contract offshore Egypt http://www.arabianindustry.com//oil-gas/news/2020/mar/6/maersk-drilling-secures-one-well-contract-offshore-egypt-6343285/ The contract value is approximately $3.8 million News | Oil & Gas Fri, 06 Mar 2020 09:45:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/6/maersk-drilling-secures-one-well-contract-offshore-egypt-6343285/ UAE plans for greater energy efficiency can push region to a sustainable future http://www.arabianindustry.com//oil-gas/news/2020/mar/5/uae-plans-for-greater-energy-efficiency-can-push-region-to-a-sustainable-future-6342882/ Public and private sector efforts held up as benchmark during thought-leading session titled ‘Decarbonisation and Sustainable Development Goals’ News | Oil & Gas Thu, 05 Mar 2020 03:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/5/uae-plans-for-greater-energy-efficiency-can-push-region-to-a-sustainable-future-6342882/ Subsea UK partners with non-profit to protect the oceans http://www.arabianindustry.com//oil-gas/news/2020/mar/5/subsea-uk-partners-with-non-profit-to-protect-the-oceans-6342297/ The trade body has partnered with Big Blue Ocean Cleanup to support its ocean protection project and raise awareness of the initiative across the UK’s $10 billion underwater engineering industry. News | Oil & Gas Thu, 05 Mar 2020 09:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/5/subsea-uk-partners-with-non-profit-to-protect-the-oceans-6342297/ OPEC officials shake feet, avoiding hugs amid coronavirus outbreak http://www.arabianindustry.com//oil-gas/news/2020/mar/5/opec-officials-shake-feet-avoiding-hugs-amid-coronavirus-outbreak-6342245/ A video tweeted by OPEC showed OPEC Secretary General Mohammad Barkindo 'shaking feet' with Russian Energy Minister Alexander Novak News | Oil & Gas Thu, 05 Mar 2020 08:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/5/opec-officials-shake-feet-avoiding-hugs-amid-coronavirus-outbreak-6342245/ Bahrain to sell off oil and gas assets http://www.arabianindustry.com//oil-gas/news/2020/mar/5/bahrain-to-sell-off-oil-and-gas-assets-6342271/ The country is working on the project and may decide to proceed with it later this year News | Oil & Gas Thu, 05 Mar 2020 08:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/5/bahrain-to-sell-off-oil-and-gas-assets-6342271/ Europe leading the way as IOCs target net zero, says GlobalData http://www.arabianindustry.com//oil-gas/news/2020/mar/5/europe-leading-the-way-as-iocs-target-net-zero-says-globaldata-6342258/ Europe leading the way as IOCs target net zero, says GlobalData News | Oil & Gas Thu, 05 Mar 2020 08:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/5/europe-leading-the-way-as-iocs-target-net-zero-says-globaldata-6342258/ OPEC February oil output plunges on Libyan unrest, supply cuts http://www.arabianindustry.com//oil-gas/news/2020/mar/4/opec-february-oil-output-plunges-on-libyan-unrest-supply-cuts-6341660/ On average, OPEC pumped 27.84 million bpd in February News | Oil & Gas Wed, 04 Mar 2020 03:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/4/opec-february-oil-output-plunges-on-libyan-unrest-supply-cuts-6341660/ Dana Gas operations not impacted by coronavirus http://www.arabianindustry.com//oil-gas/news/2020/mar/4/dana-gas-operations-not-impacted-by-coronavirus-6341231/ The company released a statement that its growth plan is unaffected by the coronavirus outbreak News | Oil & Gas Wed, 04 Mar 2020 09:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/4/dana-gas-operations-not-impacted-by-coronavirus-6341231/ Weatherford unveils Centro digital well delivery http://www.arabianindustry.com//oil-gas/news/2020/mar/4/weatherford-unveils-centro-digital-well-delivery-6341192/ The data platform integrates viewing, engineering and managing all aspects of well delivery operations News | Oil & Gas Wed, 04 Mar 2020 09:00:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/4/weatherford-unveils-centro-digital-well-delivery-6341192/ DNV GL launches venture fund inspired by the “decade of transformations” http://www.arabianindustry.com//oil-gas/news/2020/mar/4/dnv-gl-launches-venture-fund-inspired-by-the-decade-of-transformations-6341205/ The venture fund will respond to the energy transition and fourth industrial revolution News | Oil & Gas Wed, 04 Mar 2020 09:00:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/4/dnv-gl-launches-venture-fund-inspired-by-the-decade-of-transformations-6341205/ ENI and Sonatrach complete gas pipeline connecting BRN and MLE fields in Algeria http://www.arabianindustry.com//oil-gas/news/2020/mar/3/eni-and-sonatrach-complete-gas-pipeline-connecting-brn-and-mle-fields-in-algeria-6340594/ When fully operational, the gas project of the Berkine Nord will bring production to a total of 6.5 million cubic meters and 10,000 barrels of associated liquids News | Oil & Gas Tue, 03 Mar 2020 02:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/3/eni-and-sonatrach-complete-gas-pipeline-connecting-brn-and-mle-fields-in-algeria-6340594/ Iraq exports rise 3.3% from southern terminals http://www.arabianindustry.com//oil-gas/news/2020/mar/3/iraq-exports-rise-33-from-southern-terminals-6340425/ Federal exports from OPEC's second-largest oil producer climbed to 3.415 million b/d in February, News | Oil & Gas Tue, 03 Mar 2020 11:15:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/3/iraq-exports-rise-33-from-southern-terminals-6340425/ “Oil demand will recover after coronavirus” – Aramco http://www.arabianindustry.com//oil-gas/news/2020/mar/3/oil-demand-will-recover-after-coronavirus-aramco-6340412/ Saudi Aramco trading CEO says markets will recover in Q2 2020 News | Oil & Gas Tue, 03 Mar 2020 11:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/3/oil-demand-will-recover-after-coronavirus-aramco-6340412/ BP extends multi-million-pound vessel contract with Vroon Offshore Services http://www.arabianindustry.com//oil-gas/news/2020/mar/3/bp-extends-multi-million-pound-vessel-contract-with-vroon-offshore-services-6340217/ Vroon’s fuel-efficient ERRVs align with BP’s net zero ambitions News | Oil & Gas Tue, 03 Mar 2020 10:15:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/3/bp-extends-multi-million-pound-vessel-contract-with-vroon-offshore-services-6340217/ Middle East contractor ARO Drilling powers offshore rig fleet with IFS applications http://www.arabianindustry.com//oil-gas/news/2020/mar/2/middle-east-contractor-aro-drilling-powers-offshore-rig-fleet-with-ifs-applications-6339125/ IFS’s comprehensive industry solution helps ARO Drilling increase efficiency through automated and consolidated operations News | Oil & Gas Mon, 02 Mar 2020 09:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/2/middle-east-contractor-aro-drilling-powers-offshore-rig-fleet-with-ifs-applications-6339125/ Kuwait Oil Company suspends events and training as coronavirus spreads http://www.arabianindustry.com//oil-gas/news/2020/mar/2/kuwait-oil-company-suspends-events-and-training-as-coronavirus-spreads-6339138/ There are 46 confirmed coronavirus cases in Kuwait News | Oil & Gas Mon, 02 Mar 2020 09:15:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/2/kuwait-oil-company-suspends-events-and-training-as-coronavirus-spreads-6339138/ European Commision clears $69 billion Saudi Aramco SABIC acquisition http://www.arabianindustry.com//oil-gas/news/2020/mar/2/european-commision-clears-69-billion-saudi-aramco-sabic-acquisition-6339086/ Saudi Aramco agreed to purchase a 70% stake in Saudi chemicals giant SABIC from the Public Investment Fund for $69 billion News | Oil & Gas Mon, 02 Mar 2020 08:45:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/mar/2/european-commision-clears-69-billion-saudi-aramco-sabic-acquisition-6339086/ Tubes and piping are most failure-prone components in oil and gas and maritime industries: DNV GL research http://www.arabianindustry.com//oil-gas/news/2020/feb/29/tubes-and-piping-are-most-failure-prone-components-in-oil-and-gas-and-maritime-industries-dnv-gl-research-6337955/ Fatigue (30%) and corrosion (19%) make up nearly half of the primary failure types occurring in the cases DNV GL analysed News | Oil & Gas Sat, 29 Feb 2020 12:00:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/29/tubes-and-piping-are-most-failure-prone-components-in-oil-and-gas-and-maritime-industries-dnv-gl-research-6337955/ Eni announces Agogo 3 size increase to 1 billion barrels of oil in place http://www.arabianindustry.com//oil-gas/news/2020/feb/28/eni-announces-agogo-3-size-increase-to-1-billion-barrels-of-oil-in-place-6337825/ Eni announces Agogo 3 size increase to 1 billion barrels of oil in place News | Oil & Gas Fri, 28 Feb 2020 05:30:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/28/eni-announces-agogo-3-size-increase-to-1-billion-barrels-of-oil-in-place-6337825/ Global oil & gas prices in 2020 to fall short of forecasts due to coronavirus: Rystad http://www.arabianindustry.com//oil-gas/news/2020/feb/27/global-oil-gas-prices-in-2020-to-fall-short-of-forecasts-due-to-coronavirus-rystad-6337422/ Another negative revision might be around the corner due to the increasing downside risk. News | Oil & Gas Thu, 27 Feb 2020 05:45:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/27/global-oil-gas-prices-in-2020-to-fall-short-of-forecasts-due-to-coronavirus-rystad-6337422/ Saudi Aramco, McDermott break ground on fabrication facility at King Salman International Complex http://www.arabianindustry.com//oil-gas/news/2020/feb/27/saudi-aramco-mcdermott-break-ground-on-fabrication-facility-at-king-salman-international-complex-6337435/ The Ras Al-Khair development spans 1.2 million square metres News | Oil & Gas Thu, 27 Feb 2020 05:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/27/saudi-aramco-mcdermott-break-ground-on-fabrication-facility-at-king-salman-international-complex-6337435/ Kuwait pre-qualifies firms for supply of 24 oil drilling towers http://www.arabianindustry.com//oil-gas/news/2020/feb/27/kuwait-pre-qualifies-firms-for-supply-of-24-oil-drilling-towers-6337448/ Kuwait Oil Company has pre-qualified 17 firms News | Oil & Gas Thu, 27 Feb 2020 05:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/27/kuwait-pre-qualifies-firms-for-supply-of-24-oil-drilling-towers-6337448/ Aramco Trading Company to establish London office http://www.arabianindustry.com//oil-gas/news/2020/feb/27/aramco-trading-company-to-establish-london-office-6336785/ Aramco Trading Limited (ATL) will expand ATC’s global portfolio as it seeks to become one of the top trading companies in the world News | Oil & Gas Thu, 27 Feb 2020 09:30:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/27/aramco-trading-company-to-establish-london-office-6336785/ BP exits three trade organisations on climate disagreements http://www.arabianindustry.com//oil-gas/news/2020/feb/27/bp-exits-three-trade-organisations-on-climate-disagreements-6336811/ The UK oil major reviewed its alignment with trade associations, and has decided to leave three US-based organisations News | Oil & Gas Thu, 27 Feb 2020 09:30:15 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/27/bp-exits-three-trade-organisations-on-climate-disagreements-6336811/ No OPEC decision on oil cuts yet: Saudi energy minister http://www.arabianindustry.com//oil-gas/news/2020/feb/26/no-opec-decision-on-oil-cuts-yet-saudi-energy-minister-6336226/ Even as international organisations forecast the first drop in global energy demand in over a decade, OPEC has yet to make a decision on its output cuts News | Oil & Gas Wed, 26 Feb 2020 03:15:45 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/26/no-opec-decision-on-oil-cuts-yet-saudi-energy-minister-6336226/ Saudi Aramco will more than double its projects portfolio in 2022 http://www.arabianindustry.com//oil-gas/news/2020/feb/26/saudi-aramco-will-more-than-double-its-projects-portfolio-in-2022-6336200/ The company is aiming for 418 projects by 2022, with 23% of project management expansion under its civil and infrastructure division News | Oil & Gas Wed, 26 Feb 2020 03:00:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/26/saudi-aramco-will-more-than-double-its-projects-portfolio-in-2022-6336200/ Former Saudi energy minister Al Falih appointed as investment minister http://www.arabianindustry.com//oil-gas/news/2020/feb/26/former-saudi-energy-minister-al-falih-appointed-as-investment-minister-6336213/ Al Falih was replaced as the minister of energy and the chairman of Aramco in late 2019 News | Oil & Gas Wed, 26 Feb 2020 02:45:30 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/26/former-saudi-energy-minister-al-falih-appointed-as-investment-minister-6336213/ ADNOC plans to be one of the least carbon-intensive oil and gas producers http://www.arabianindustry.com//oil-gas/news/2020/feb/26/adnoc-plans-to-be-one-of-the-least-carbon-intensive-oil-and-gas-producers-6336239/ ADNOC CEO Dr. Sultan Al Jaber commented during the International Carbon Capture Utilisation and Storage conference in Saudi Arabia News | Oil & Gas Wed, 26 Feb 2020 02:30:00 +0400 http://www.arabianindustry.com//oil-gas/news/2020/feb/26/adnoc-plans-to-be-one-of-the-least-carbon-intensive-oil-and-gas-producers-6336239/