News / International

ADNOC, CNOOC Sign Agreement During UAE-China Economic Forum

Abu Dhabi National Oil Company (ADNOC) and China National Offshore Oil Corporation (CNOOC) have signed an agreement for collaboration in liquefied natural gas (LNG), as well as upstream and downstream sectors.

KNPC Plans to Launch $1.3 B Projects in 2019

The Kuwait National Petroleum Company (KNPC) is reportedly preparing to launch a number of mega projects before the end of 2019, with investments of about $1.3 billion.

Sharara Field Resumes Work at Half Capacity

The Libyan Sharara oilfield has resumed work at half of its operational capacity, after going offline since Friday.

SFZ Signs $2.5 B Agreement to Build Salalah Refinery

Salalah Free Zone (SFZ) has signed a usufruct agreement for the establishment of the Salalah Refinery project.

Duqm Refinery Could Allow New Partners: Minister

Total and a South Korean oil company are being considered for a partnership in the Duqm Refinery and Petrochemical Industries.

Aramco Awards LTHE Marjan Field Contract

Saudi Aramco has awarded L&T Hydrocarbon Engineering (LTHE) another new project in the Marjan Field.

NOC Declares Force Majeure on 290,000 b/d Oil Loadings

National Oil Corporation (NOC) has declared a state of force majeure on crude oil loadings at Zawiya port.

Saudi Steel Pipe Awarded New Contract

Saudi Steel Pipe Company announced that it was awarded a contract for the supply of oil and gas steel pipe.

Iraq Invests in Associated Gas at Southern Fields

The Iraqi Ministry of Oil announced that it will invest in the associated gas, after signing a memorandum of understanding (MoU) with Honeywell for gas processing from the Artawi southern oilfield.

ADNOC Plans New Regional Oil Benchmark

The Abu Dhabi National Oil Company (ADNOC) is planning an overhaul for its trading operations through the launch of a regional oil benchmark similar to Brent and WTI.

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