ADNOC Sends First Shipment to China
The 10,500 tons-shipment of calcined coke is to be delivered by the end of April.
News / International
KPC Awards Petrochemicals Contract to McDermott
The Petrochemical Refinery Integration project (PRIZe) will produce 330,000 tonnes of polymer grade propylene each year starting from Q1 2019.
Oman LNG Pays a $2 B Loan in Advance
Oman Liquefied Natural Gas (LNG) has developed all its facilities with a $2 billion payment ahead of its time.
ADC to Acquire Schlumberger’s Saudi Drilling Business
Around 49% of Schlumberger’s drilling businesses in Saudi Arabia will be owned by ADC.
Oil Prices Surge as Iran Sanction Waivers End
The US will no longer be giving any waivers to current Iranian oil buyers who were allowed in 2018 to purchase oil from Iran without sanctions.
Eni Inks Agreement with RAK GAS for Block A
Eni will be the operator with 90% interest and RAK GAS will be a partner with a 10% stake.
Russia Remains Undecided on OPEC Output Deal
Russian Energy Minister, Alexander Novak said that it was too early to speak about preferable options, adding that “we should do what is more expedient for us.”
KNPC Puts Out Fire at Mina Al Ahmadi Refinery
The fire was at oil treatment unit 41 and did not cause any damages.
Saudi Oil Exports Declines in February
Saudi Arabi's oil exports declined by around 432,000 barrels per day (b/d), reaching 8.44 million b/d in February, down from 8.87 million b/d last January.
Douglas OHI Awarded 2 Contracts in Oman’s Duqm Refinery
Douglas OHI won a $42.1 million deal that includes civil and underground piping to develop the new Duqm oil refinery in Oman.
