McDermott Awards EPC Contract for Storage Tanks
Daelim Saudi Arabia Company has awarded McDermott International an engineering, procurement and construction (EPC) for storage tanks in Saudi Arabia.
News / International
Iranian Gas Output Increases by 35%: Oil Minister
The Iranian gas output has increased in the last 10 months by 35%, comparing with 2012 output.
Tunisia to Double Gas Production in 2019
Tunisia plans to double its natural gas production to reach 65,000 boe/d, up from the current production level of 35,000 boe/d.
OPEC Reduces Oil Production in December 2018
In December 2018, the output declined by 751,000 barrels per day (b/d), reaching 31.58 million b/d.
Saudi Arabia to Build Oil Refinery, Petrochemicals Plant in South Africa
Saudi Arabia's plan comes as part of the $10 billion investments to be in the Kingdom.
Iraqi Gulf Keystone to Delay Production Target
The Iraqi-focused operator Gulf Keystone Petroleum expects to delay its 55,000 b/d target to early 2020 as the company currently faces a delay in kicking off a drilling campaign at the Shaikan field.
Saipem Signs $1.3 B Offshore Contracts with Aramco
Saipem has been awarded two contracts worth $1.3 billion to develop Saudi Aramco’s offshore Berri and Marjan fields.
Bahrain to Receive First Super-Chilled Fuel Imports
Bahrain is getting ready for its first imports of the super-chilled fuel this year as the first liquefied natural gas (LNG) floating storage unit (FSU) has arrived in the Gulf and anchored in Fujairah on January 13.
Kuwait Resumes Operations in Three Ports
Kuwait’s port of authority announced on January 17 resuming the operations at the Shuwaikh, Doha and Shuaiba ports after the weather conditions improved.
Iraqi Genel Energy to Boost Production in 2019
The Iraqi-focused producer Genel Energy plans to increase production in 2019 through the exploration of three more wells in Kurdistan’s Taq Taq field.
