As the popularity of sour gas soars globally, Dr. Nick Coles, director of Sour Oil and Gas Advanced Technology Conference (SOGAT), speaks to Oil and Gas Middle East about the future of sour gas in the region.
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Oil prices poised for slide as tensions cool
Dramatic initial price reaction to US-Iranian hostilities in Persian Gulf, although less than before the US shale revolution
OPEC oil production drops in December as compliance grows: Reuters survey
Iraq and Nigeria notably cut their production in December, edging closer to compliance with the OPEC+ agreement to curb output
Oman crude oil averaged $63.96 in 2019, with decade average at $77.70
The DME Oman futures contract was launched in June 2007. Since inception the highest settlement price of $141.27/b was recorded July 4, 2008, preceding the global financial crisis that wiped more than $100/b from oil prices by year end
OPEC needs to do more in 2020: Rystad Energy
OPEC production is likely to average 29.3 million bpd for the first quarter of 2020, which compares to our call-on-OPEC of 29.0 million bpd
Oil & gas drives Oman’s FDI to $30.26bn in Q2 2019
The upstream sector brought in more than half of the total FDI into the Sultanate of Oman
GCC chemical industry reached revenue of $84.1bn in 2018
Oman’s chemical sector has the highest contribution to GDP among the GCC countries, with 5.1% in 2018, which is double that of the region
APICORP invests in Al Khorayef United Holding
APICORP has made its first equity investment in Kuwait
Bilfinger appoints Jon Rokk as Middle East president and CEO
Rokk has six years of experience in the region, and will oversee all of Bilfinger’s operating entities in the Middle East
How the WorleyParsons-Jacobs merger has changed its business
Krishnaswamy Iyer, president of energy & chemicals services for MEA and Ian Davies, SVP of business development & growth for MEA at Worley, comment on the recent merger of WorleyParsons and Jacobs ECR