Aramco Awards Chinese Company Project to Construct Berri Field Drilling Islands
Saudi Aramco has awarded a contract to China’s Harbour Engineering Arabia for the construction of two drilling islands in its Berri oilfield.
News / International
Gunmen Attack Libya’s NOC HQ in Tripoli
Armed militants have reportedly attacked the headquarters of the Libyan National Oil Company (NOC) in Tripoli resulting in several casualties.
Dana Gas Receives $74M Condensates Payment from KRG
Dana Gas has received a payment of $74 million from the Kurdistan Regional Government (KRG) for its share of condensate sales from the region in the first eight months of the year.
Qatargas Signs 22-Year Deal to Supply LNG to China
Qatargas announced on September 10 that it agreed a 22-year supply deal with China for the shipment of 3.4 million tons of liquefied natural gas (LNG) per year.
Mubadala, Gazprom Neft, RDIF Create JV for Siberia Oilfield Development
Mubadala Petroleum, Gazprom Neft, and the Russian Direct Investment Fund (RDIF) have agreed to set up a joint venture (JV) to develop oilfields in Siberia.
OPEC Secretary-General: Oil Consumption to Hit 100M b/d This Year
Global oil demand is expected to reach 100 million barrels per day (b/d) later this year, much earlier than previously expected, OPEC Secretary-General Mohammad Barkindo stated on September 5.
UAE Oil Output to Rise to 3M b/d
The UAE is raising its crude production to almost 3 million barrels per day (b/d) by increasing output from its offshore Umm Lulu oilfield.
Iran to Move Main Oil Export Terminal to Gulf of Oman
Iran is planning to move its primary export terminal from the Arabian Gulf to the Gulf of Oman to avoid using the strategic Strait of Hormuz, President Hassan Rouhani stated in a televised speech on September 4.
UAE’s Brooge Petroleum Targets 2018 London IPO
Emirati Brooge Petroleum and Gas Investment Co (BPGIC) plans to raise $400 million in capital in an initial public offering (IPO) on the London exchange before the end of 2018.
Aramco Awards BHGE Services Contract for Marjan Field
Saudi Aramco has awarded Baker Hughes (BHGE) an integrated services contract for capacity expansion work on the offshore Marjan oilfield.
