Saudi Aramco to Invest $110 B in Al-Jafoura Field
Saudi Aramco plans to invest $110 billion in developing unconventional gas reserves in Al-Jafoura field.
News / International
ADNOC Signs Seller Agreement with China’s Xiamen Sinolook
Abu Dhabi National Oil Company (ADNOC), announced that it has signed an Exclusive Seller Agreement with China’s Xiamen Sinolook Oil Co.
Saudi Arabia’s Crude Exports Stand at 7.37 mmbbl/d
Official data issued by the Joint Organizations Data Initiative (JODI) on 18 February, showed that Saudi Arabia’s crude exports stood at 7.373 million barrels per day (bbl/d) in December since the previous month.
Oman Signs EPSA Agreement with Total, PTTEP
The Omani Minister of Oil and Gas, Mohammed Al Rumhi has signed a new exploration and production Sharing Agreement (EPSA) with a joint-venturing consortium of Total E&P and PTTEP to explore and develop the non-associated gas resources within Block 12.
Kuwait Starts Production Trials from Al Wafra, Al Khafji Fields
The Minister of Oil, Electricity and Water, Khaled Al Fadhel announced the beginning of trial production from the fields of Al Wafra and Al Khafji at the neutral zone.
Libya’s NOC Oil Production Drops to 123,537 bbl/d
The Libya’s National Oil Corporation (NOC) announced the drop of oil production to 123,537 barrel per day (bbl/d), as of February 18, with losses exceeding $1.7 billion.
NEPCO Proposes LNG Cargos’ Tender
The Jordan’s National Electric Power Company (NEPCO) proposed a tender on 16 Feb, to buy a cargo of liquefied natural gas (LNG) for delivery in April.
ADNOC Awards EPC Contracts for Dalma Gas Project Worth $1.65 B
Abu Dhabi National Oil Company (ADNOC) announced that it awarded two engineering, procurement and construction (EPC) contracts for the Dalma Gas Development Project with costs estimated at $1.65 billion.
Tunisia’s Nawara Field Begins Production
Tunisia’s Nawara natural gas field started production on February 5.
Saudi Aramco, APC Ink New Deal
Arabian Pipes Company (APC) inks a new deal with Saudi Aramco to supply steel pipes.
