Saudi Arabia’s Energy Minister Prince Abdulaziz Bin Salman has called on the global oil companies to move their headquarters to Dhahran in the Eastern Province of Saudi Arabia and home to Saudi Aramco. Prince Abdulaziz made these remarks during his speech at the seventh edition Aramco’s iktva exhibition 2023, Saudi Gazette reported. He said that […]
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Alfanar, Daewoo to develop oil, gas and petrochemical projects in Saudi Arabia
Saudi construction company Alfanar signed an agreement with Korea’s Daewoo Engineering & Construction Co to explore opportunities for joint collaboration in the construction of ‎oil, gas, and petrochemical projects in ‎Saudi Arabia. Through this agreement, Alfanar will work on transferring and localising expertise in the engineering construction field and exchange the expertise of advanced technologies […]
Oman’s OQ to inaugurate Bisat oil field
Bisat oil field is one of the most important projects of OQ Group’s upstream sector
Oil & Gas Middle East Awards: Nominations deadline extended until January 27
Oil & Gas Middle East is pleased to announce that the the nomination deadline for the 13th Oil & Gas Middle East Awards has been extended until Friday, 27 to allow more time for nominees to pull together their submissions. For oil and gas professionals who haven’t submitted their nominations yet, this is good news, as […]
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Only 3 days to go: Oil and Gas Middle East Awards nomination deadline
Oil & Gas Middle East is set to host the 13th annual installment of the awards that recognise the best in the business
Iraq to launch bids for five new oil refineries
Iraq is planning to invite bids for five new oil refineries to rehabilitate its hydrocarbon industry and other sectors, the country’s Oil Minister Hayan Abdel Ghani said in remarks published on Thursday. Ghani said the new refineries would add more than 500,000 barrels per day (bpd) to Iraq’s refining capacity, which will support its bid […]
Decarbonisation in the oilfield
Alternative power sources are anticipated to increase steadily in the next decade or two, while the electrification of the oil field continues to grow with the use of fuel cells, electric motors, and other technologies, such as batteries
Iraq’s Karbala oil refinery to begin production in March
The refinery’s production will expand gradually to reach its full capacity by the end of July
Taliban signs oil deal with Chinese company
According to the contract, the Chinese firm will invest up to $150 million a year, which will increase to $540 million in three years