Islamic republic’s reserves lift substantially over the course of one month as international sanctions are set to impact Tehran’s oil trading.
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Petrofac supports Oil & Gas and Refining & Petrochemicals Middle East 2018 Awards as gold sponsor
Nominations are in full momentum for the ninth edition of the Oil & Gas Middle East and Refining & Petrochemicals Middle East Awards that will take place on 12 September 2018 in Dubai, UAE.
AlMansoori supports first oil production in Kenya
Abu Dhabi based oilfield services operator works on multi-million dollar deal with Tullow Oil to generate East African nation’s first crude output.
Oil demand slows down in Q2: IEA report
Latest release from the International Energy Agency suggests reduced demand and increased production for the rest of the year.
Eni discovers light oil in Egyptian Western Desert
Italian oil major’s findings suggest Faghur Basin could provide new production area for the firm in North Africa.
SAFEEN signs MOU with ADNOC Logistics & Services for oil spill response
ADNOC Logistics & Services to support SAFEEN in handling tier two oil spill incidents, with agreement extending to sea areas around all ports owned and managed by Abu Dhabi Ports.
Aramco rebalances its Asia crude oil pricing marker
Saudi Aramco’s long-standing price marker was the average of Platts Dubai and Platts Oman assessments. The company’s new Asia marker will replace Platts Oman with Dubai Mercantile Exchange (DME) Oman effective 1 October 2018.
Business France hosts 3rd ‘UAE France Oil and Gas Connecting Days’
Following the successful sessions in 2015 & 2017, under the framework of the UAE-France strategic dialog, the 3rd UAE France Oil & Gas Connecting Days aimed to highlight the innovative capabilities of the French industry in energy, and oil & gas sectors.
Shell completes Majnoon oilfield pull-out in Iraq
Anglo-Dutch oil major continues to streamline its operations as it reduces its holdings in Iraq with Majnoon withdrawal.
Airborne Oil & Gas and Subsea 7 commence qualification programme for TCP Riser in South America
Producer of thermoplastic composite pipe forges tie-up with UK based subsea leader in bid to develop new technology.