The country has overtaken Saudi Arabia in crude exports, and retained the top spot in exports of natural gas, according to a BP report
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Posted inProducts & Services
World oil reserves stable despite low spending: BP
Investment in oil and gas fell in 2015 by around a quarter from a year earlier to $160bn
Posted inProducts & Services
Iran gives Total 6 months for making oilfield bid
Deputy Oil Minister says several European and Asian firms have expressed willingness to develop the South Azadegan oilfield, and that the Islamic Republic’s MoU with Total is not binding
Posted inNews
Spcl Report: Battling acidic costs with innovation
The implementation of innovative technologies will be the foundation that makes the Middle East’s sour gas projects economically viable, writes Martin Menachery
Posted inNews
Special Report: Treading the Sulphur route
The UAE is leading the way as far as sour gas and sulphur production in the region is concerned, attracting both attention and investments from international majors in this sector
Posted inProducts & Services
Exclusive cover interview: Firmly in command
His time as the CEO of Dana Gas hasn’t exactly been a joy ride so far, but seasoned energy professional Dr Patrick Allman-Ward has been a steadying hand in controlling the Sharjah-based company’s operations at home and abroad
Posted inPower List
Wood Group
Wood Group has secured two new, three-year contracts, collectively valued at more than $140mn, to deliver technical services and expertise to a leading international oil company (IOC) in Iraq, earning the company the fifth spot in our list. Wood Group PSN (WGPSN) will provide brownfield front end engineering design (FEED), detailed engineering, project management, procurement […]
Posted inPower List
Worley Parsons
It has been good going for Australian project and engineering consultancy firm Worley Parsons, as it has held its position as one of the chief consultants to Saudi Aramco for more than a decade. In mid-last year, the firm bagged a new six-year contract to provide project management services for the world’s biggest oil producing […]
Posted inPower List
Technip
French multi-national construction major Technip has announced strong financial results for the first quarter of 2016, earning $3.13bn in revenues. Since late 2014, Technip has been working on a contract to provide project management consultancy (PMC) services for the engineering, procurement and construction (EPC) works of the Nasr Phase II Full Field Development project, which […]
Posted inPower List
Daewoo Engineering & Construction
South Korean firm Daewoo Engineering & Construction (E&C) won one of its few oilfield service contracts for the development of the Zubair oilfield in Iraq, totalling $588mn. However, in May this year, Daewoo E&C made giant strides in Iran by signing an MoU with engineering firm Bahman Geno. The project, estimated to be worth around […]