The Emirates National Oil Company (ENOC) has entered a partnership with Indian Oil Company (IOC) to increase its global footprint as well as building on IOC’s R&D infrastructure to mitigate future manufacturing challenges.
The Abu Dhabi National Oil Company (ADNOC) has been assigned AA+ as a standalone credit rating and a Long-Term Issuer Default Rating (IDR) of AA by Fitch Ratings.
Under the supply contract, Lukoil Marine Lubricants Middle East will cover Oman Shipping’s fleet of 39 vessels consisting of Very Large Crude Carriers (VLCC), Product Tankers, Chemical Tankers, LPG Carriers, Very Large Ore Carriers (VLOCs) and Bulk Carriers.
Russia's President Vladimir Putin and Saudi Arabia's King Salman bin Abdulaziz Al Saud, in a telephone conversation, stated continuing their support for coordinating the global energy markets, the Kremlin said.
Kuwait Petroleum Company (KPC) waits for a liquefied natural gas (LNG) cargo to be delivered on March 2019 or 30 with proposals due by February 21.
ADES International, an oil and gas drilling and production company, announced winning the bid for two onshore drilling contracts worth $150 million in Saudi Arabia.
Iran achieved its goal of self-sufficiency after inaugurating the third phase of the Persian Gulf Star refinery, with a production capacity of 45 million liters of petrol per day.
Under the announcement, blocks 58, 70, 73, 74, 75 and 76 will be tendered during the round.
Saudi Aramco closed part of the Safaniyah offshore oilfield two weeks ago because of a power cable cut by a vessel’s anchor.
Using this technology, natural gas will be converted into synthesis gas which can be turned into high value fuels and chemicals.
