ADNOC L&S Acquires Assets of Speedy Hire PLC
ADNOC Logistics & Services Company announced the acquisition of the all the assets of Speedy Hire PLC (Speedy) in UAE in order to expand its handling service.
News / International
PETRONAS Launches Malaysia Bid Round 2021
PETRONAS company announced that it has successfully launched the Malaysia Bid Round (MBR) 2021 under the theme “Grow Your Energy Portfolio With Us” through a virtual event to open more investment opportunities for investors to explore and exploit hudrocarbon resource potentials in Malaysia.
Kalifa Bin Zayed Restructures ADNOC’s Board of Directors
UAE’s President, Khalifa bin Zayed Al Nahyan, has released a resolution to restructure the board of directors of Abu Dhabi National Company (ADNOC) which is chaired by Mohamed bin Zayed Al Nahyan.
Qatar Petroleum Signs SPA with Pakistan
Qatar Petroleum Company has signed a new long-term Sale and Purchase Agreement (SPA) with Pakistan State Oil Company (PSO) to supply up to 3 million tons (mmt) of LNG to Pakistan.
Norway Starts Consultations on 2021 Licensing Round
Norway commenced negotiations on 2021 licensing round offering new blocks for petroleum exploration in the Arctic Barents Sea.
Rosneft’s Komsomolsk Refinery Invests RUB 750 MM in Environmental Projects
Roseneft company announced that its Komsomolsk refinery invested more than RUB 750 million in environment- oriented assets during the period between 2018 to 2020.
NOC Achieves Revenues of $1.41 billion in January
The Libyan National Oil Company (NOC) has announced that it achieved a record a level in its revenues during January 2021, estimated at $1.41 billion.
Petrofac Successfully Integrates Kuwait Oil’s New Control Center
Petrofac Company announced that its Lower Fars heavy oil development project team has successfully completed integration of the new Crude Oil Control Center of Kuwait Oil Company by using its updated technology and equipment to improve the effectiveness of operations.
Saudi Aramco Awards EPCI to Lamprell in Marjan Field
Lamprell Company announced that it has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract from Saudi Aramco as a part of their Long-Term Agreement (LTA).
ADNOC, ICF Update Murban Futures Contract
The Abu Dhabi National Oil Company (ADNOC) and Intercontinental Exchange (ICE) announced the update of the Murban Crude Oil futures.
