Saudi Arabia, UAE lead in oil and gas investment in MENA.
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Posted inNews
Iran National Oil Company plans more refineries
Iran announces plans to build even more refineries throughout country
Posted inNews
Kuwait discovers new oil
KOC reports the discovery of a new oil well in western Kuwait
Posted inNews
ENI amends TSC contract with South Oil Company
ENI’s sets new production target with SOC for Zubair field
Posted inNews
UAE’s Topaz Oil & Gas unit sold to Interserve
The sale is part of a strategy to focus on its two core businesses
Posted inNews
EMAS AMC takes $126 million contract from Statoil
EMAS AMC wins transport and floater installation contract from Statoil
Posted inNews
Oil transport in focus post Canada train disaster
Hauling 50,000 barrels of crude, the train rolled away and exploded
Posted inProducts & Services
Major surge for oil storage facilities
Fujairah – a top storage hub along with Rotterdam and Singapore
Posted inNews
Egypt tension boosts oil prices
Oil prices reach a 14-month high, on Egypt crisis & US supplies’ fall