Aramco, Hyundai Ink MoU For Hydrogen Fuel, Non-Metallic Materials
The two companies will expand their reliance on non-metallic materials in a wide range of applied application areas, led by the automotive industry.
News / International
NOGA Holding, Baker Hughes sign MoU
This MoU is expected to enhance cooperation between Bahrain and BHGE in the oil and gas sector.
Al Dhafra Petroleum Produces First Crude From Haliba Field
Haliba field, located along the southeast border of Abu Dhabi, will produce 4 million barrels per day by the end of 2020.
Lebanon Announces Bids for LNG Terminals
Lebanon has opened the tender offers to participate in the construction of Liquefied Natural Gas (LNG) terminals and importing natural gas.
Aramco Prepares for $100 B IPO
"The process was never fully suspended. I believe we are ready to start planning for the IPO of Aramco," said the Saudi Minister of Energy, Khalid Al-Falih.
OPEC+ Extends Oil Output Cut Agreement
The decision extends the deal to reduce crude oil output by 1.2 million barrels per day until the end of March 2020.
ADNOC, BlackRock, KKR Close Infrastructure Agreement
The companies signed an initial agreement in February 2019 to invest $4 billion into the midstream pipeline assets.
OPEC Extends Production Cuts to March 2020
The Organization of the Petroleum Exporting Countries (OPEC) has agreed to extend oil production cuts until March 2020, during their summit in Vienna.
KOC, Halliburton Sign $597 MM E&P Agreement
Kuwait Oil Company signed a $597 million contract with Halliburton for offshore exploration and production in Kuwait.
Aramco, BHGE Sign MoU for Non-Metallic Facility
The facility will help serve a number of industries, such as oil and gas, construction, automotive, packaging, and renewable energy.
