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Saif N. Al Suwaidi
The Zakum Development Company is a venture between ADNOC, ExxonMobil and Japan Oil Development. Led by CEO Saif N. Al Suwaidi, ZADCO spearheads oil production and related activities from one of Abu Dhabi’s most-prized Zakum oilfield. The Upper Zakum oilfield lies 84km northwest of Abu Dhabi and is the second-biggest oilfield in the Arabian Gulf […]
GCC invests in safe and secure future
As the region’s oil and gas industry strives to improve upon its HSSE standards, companies across the spectrum are increasing spend on various aspects of security equipment, making it a potentially lucrative market for manufacturers and suppliers
Veolia bags Petrofac water treatment deal
Company will carry out work on PDO’s Rabab Harweel project
Petrofac hires Veolia for project in Oman
The agreement will see France-based Veolia support the engineering and supply of water treatment systems for the Rabab Harweel Integrated Project, which Petrofac is managing on behalf of PDO
Iran presses ahead with boosting South Pars output
The Islamic Republic is aggressively installing the infrastructure to develop phases 14, 19, 20, and 21 of the South Pars gas field
Bahrain’s 2015 oil output up by 650,000 barrels
Bahrain is estimated to export 150,000 bpd out of its 200,000 bpd output
Penspen to consult on Das Island work
Firm has been appointed project management consultant by ADMA-OPCO
Iraq to pay $2bn in arrears to foreign companies
Besides paying the dues in April, Baghdad also hopes to seal deals with oil companies by mid-2016
Dubai’s ENOC sells over 220mn oil barrels in 2015
Company says its acquisition of Dragon Oil has given the Dubai Government control of strategic assets capable of producing over 100,000 bpd of oil