News / International
Qatar to sell 65.8% of oil services firm
Dubai: State-owned Qatar Petroleum said yesterday it would sell a 65.8 per cent stake in a new holding firm grouping three services firms in a 14-day initial public offering starting on February 28. Enoc consortium to build Morocco oil storage plant
Horizon Tangiers Terminals (HTTL), part of the Horizon Group, is starting construction of a strategic bulk oil storage facility at Morocco's new Tangiers Mediterranean port. Seven LNG ships to join RasGas fleet
Doha - RasGas plans to expand its fleet by adding more carriers to cope with the increasing demand for the liquefied natural gas from Qatar soon. Venezuela oil firm PDVSA cuts supplies to ExxonMobil
Venezuela's state petroleum company PDVSA said Tuesday it suspended oil supplies to ExxonMobil in retaliation for the US energy giant's effort to freeze billions of dollars in global PDVSA assets. Gulf Finance to build $3.8m Libyan energy hub
Bahraini Islamic investment bank Gulf Finance House yesterday signed a memorandum of understanding with Libya to build a $3.8 million economic zone for energy companies operating in the country, officials in Tripoli said. Aker Kvaerner Inks1st Subsea Contract with Repsol
Aker Kvaerner has been awarded its first subsea contract from Spanish oil company Repsol YPF. The deal is for the delivery of a subsea production system to the Montanzo and Lubina projects off the east coast of Spain. This is Aker Kvaerner's first subsea project in the region. Petrogas to develop Oman oilfield cluster
Muscat: Petroleum Development Oman (PDO) has awarded a contract to Petrogas Rima (Petrogas) to develop a cluster of 18 small oil fields in the Rima area of south Oman, according to a company statement. Emerald Snags Approval for Development of Khurbet East Field in Syria
Emerald Energy Plc reports that the Syrian Ministry of Oil and Mineral Resources and the Syrian Petroleum Company have granted approval for commercial development of the Khurbet East Field in Block 26, Syria. 
