TechnipFMC, MMHE Ink Offshore Development Deal with Saudi Aramco
TechnipFMC and its Malaysian partner, MMHE, inked a deal with Saudi Aramco to develop the offshore projects.
News / International
Libyan Sharara Oilfield May Lose 8,500 b/d
Libyan largest oil field Sharara field may lose around 8,500 barrels per day (b/d) of crude because of looting.
Halliburton Inks Two Contracts with Eni in Iraq
Halliburton has inked two contracts with Eni’s Iraqi subsidiary to provide integrated drilling services at Eni’s Zubair oilfield located in Southern Iraq.
PETRONAS Acquires 10% Stake in Oman’s Onshore Gas Field
Malaysia’s Petroliam Nasional Bhd (PETRONAS) has acquired 10% stake in Oman’s onshore gas field from Oman Oil Company Exploration and Production LLC (OOCEP).
Saudi Aramco Becomes Full Owner of ARLANXEO JV
ARLANXEO, a JV between Saudi Aramco and German LANXESS, becomes fully owned by Saudi Aramco after purchasing the remaining 50% stake.
Saudi’s Sipchem EVA Plant Begins Operations
Saudi International Petrochemical Company (Sipchem) has declared that its affiliate EVA Film Plant (EVA), owned by Saudi Specialized Products Company (SSPC), has begun the commercial operations on January 1.
Iraq Exports Increased in December: Oil Minister
Iraq’s oil exports increased in December, 2018 to hit around 3.276 million barrels per day (b/d), Thamer Ghadhban, Iraqi Oil Minister said in a statement on January 2.
Oman’s First Coal Power Project Waits for Governmental Approval
Oman’s first clean coal project based at Duqm is waiting for the governmental approval before going through the procurement process.
Energy Market to Achieve Balance: UAE Energy Minister
Suhail Al-Mazrouei, UAE Energy Minister, said on January 1 that he is optimistic about achieving market balance during Q1, 2019.
Lamprell Awarded Two Jack-up Rigs Contract
UAE’s Lamprell was awarded a contract from International Maritime Industries (IMI) for constructing two jack-up drilling units.
