Marwan Chaar, vice president, project development, GlassPoint Solar, speaks to ArabianOilandGas.com on the latest developments in the oil and gas market in the Sultanate of Oman.
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BASF, LetterOne to merge oil and gas subsidiaries
Wintershall DEA would have significant growth potential and be one of the largest independent European exploration and production companies. In the medium term, BASF and LetterOne envisage to list Wintershall DEA through an initial public offering.
Egypt’s Zohr gas field to yield 350mcf/d by 2017-end
Production from the giant gas field off Egypt’s Mediterranean coast would increase to around 1 bcf/d by mid-2018, Reuters reported citing the country’s Petroleum Ministry
Saudi Aramco awards contracts for Haradh, Hawiyah gas development projects
Hawiyah gas plant expansion project will provide extra gas processing facilities to process 1,070 million standard cubic feet per day of raw sweet gas, installing a pipeline network to allow free flowing 290MMSCFD from Haradh field to Hawiyah gas plant.
Iraqi oil minister invites foreign bids for oil, gas blocks
The ceremony to open the bids to foreign investors will be held on June 21, 2018
Dana Gas’ H1 2017 profit soars by 77% at $23mn
The Sharjah-based private natural gas producing company attributes positive financial results to a range of factors including increased revenues, receipt of financial claims from Kurdistan and operational excellence measures
BV grants Wison approval for FLNG storage, regasification terminal design
The Wison full-size floating LNG terminal solution offers an economical alternative to the conventional LNG regasification vessels, especially for markets with long-term demand.
Not obligated to award India Farzad B gas field: Iran
This development comes after India said it’s willing to invest nearly $11bn to develop the gas field, which was discovered by a consortium of Indian companies
GCC must reform domestic gas prices to attract investment: GI research
In the last three years alone, LNG imports into the region grew by more than 380% against a backdrop of relatively stagnant activity in other major energy demand hubs
BHGE wins flare gas recovery contract in Iraq
As per the agreement between Iraq’s oil ministry and Baker Hughes, a GE Company, the latter will develop advanced systems to fast track the recovery of flare gas at the Nassiriya and Al Gharraf oilfields