News / International

Kuwait National’s refinery plan hits cost hurdle

Kuwait City: Kuwait National Petroleum Co (KNPC) said yesterday its plan to build a 615,000 barrels per day refinery by 2010 has hit a snag as international firms have proposed much higher prices than expected to carry out the work.

GAC seals deal for BG’s LNG services

GAC has been appointed as the provider of hub agency services for the liquid natural gas (LNG) fleet of BG LNG Services, a subsidiary of BG Group, reported the Gulf News.

Croatia acquires an oil and gas exploration license in Namibia

The Croatian national oil company has acquired a two-year agreement to search for oil in the Nama Basin, located in southern Namibia.

China halts delivery of Sudanese fuel mix

The delay was thought to stem from the customs department's uncertainty over whether the blended fuel, which sources said was listed as low-sulphur straight-run fuel oil mostly used for feedstocks by small "teapot" refineries, should be classified as fuel oil or crude.

Libya, Exxon Mobil sign offshore oil deal

Libyan National Oil Corporation signed an agreement with US oil giant Exxon Mobil to start exploration in the Sirte Basin, off the Libyan coast.

Abu Dhabi’s Adnec takes over Dutch BP gas unit

The Abu Dhabi National Energy Company (Adnec) has officially begun managing its newly acquired BP Netherlands gas exploration and production assets, the company said yesterday.

Gas exporters’ forum to be held in Qatar next April

Qatar will host a meeting in April of gas exporters that hold 70 per cent of the world's reserves, Energy Minister Abdullah bin Hamad al Attiyah said yesterday.

Dolphin to begin pumping gas to UAE

Middle East’s biggest gas project Dolphin is to start pumping around two billion cubic feet of Qatari gas per day from Ras Laffan to the UAE by next July, reported the Gulf News.

WorleyParsons granted $220million EPCM contract for offshore Nigeria projects

The Sydney-based Company WorleyParsons has been awarded a five-year contract worth about $220 million to provide Engineering, Procurement and Construction Management (EPCM) services to Exxon Mobil’s portofolio of its offshore projects in Nigeria.

Oil discovered close to Syrian-Turkish borders

Oil has been discovered in 12 wells in Turkey’s Camurlu and Sinirtepe areas close to the southeastern border with Syria, announced Turkish national petroleum company officials.

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