Oman’s Oil Production Reach 970,305 b/d in August
Crude oil and condensate production in Oman amounted to 30.08 million barrels, while oil exports totaled 29.74 million barrels, as per the Omani Ministry of Oil and Gas Monthly Report.
News / International
Iraq, Boskalis Ink MoU for New Artificial Island
Basrah Oil Company (BOC) has signed a memorandum of understanding (MoU) with Royal Boskalis Westminster to establish a new artificial island.
Saudi Aramco Resumes Oil Loadings
Saudi Aramco has reportedly told some of its clients that vessel loading has resumed following disruptions caused by recent drone attacks on oil facilities in Khurais and Abqaiq.
SENER to Build BPGIC’s New Refinery in Fujairah
Brooge Petroleum and Gas Investment Company (BPGIC) has awarded SENER, a Spain-based engineering and technology group, a contract to build a new oil refinery in Fujairah.
Qatar Petroleum Issues EPC Tender
Qatar Petroleum (QP) has issued an Invitation to tender packages for the engineering, procurement, and construction (EPC) of additional liquid products storage and loading facilities and Mono-Ethylene Glycol (MEG) storage and distribution facilities.
Restoring Saudi Oil Production Could Take Weeks
It could take weeks before Saudi Arabia restores its full oil production capacity after two Aramco oil plants were subject to drone attacks.
OPEC Pledges Commitment to Output Cuts
The Joint Ministerial Monitoring Committee (JMMC) has emphasized the need for continued commitment to the cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC major producers, an alliance known as OPEC+.
OPEC Downgrades Forecasted Oil Demand Growth
The Organization of the Petroleum Exporting Countries (OPEC) has cut its forecast for global oil demand growth in 2020.
ADNOC Discusses Strategic Partnership with Russia
UAE Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) Sultan Ahmed Al-Jaber discussed opportunities for collaboration with Russian Minister of Energy Alexander Novak.
Aramco Selects Nine IPO Managers
Saudi Aramco has hired nine banks as joint managers of the company’s planned initial public offering (IPO).
