Oman Gas Signs Loan Agreement
Oman Gas has signed a loan agreement with seven local and international banks for an undisclosed amount, the company stated on Twitter.
News / International
Iran-Owned UK Gas Field to Continue Operations
The UK’s Rhum gas field, in which the National Iranian Oil Company (NIOC) holds 50%, will continue working after meeting US sanctions conditions against Iran, the field’s future operator.
Qatar Restructures Board of State Energy Firm
Qatar has restructured the board of its state energy firm Qatar Petroleum as a part of a large scale corporate and government reshuffle that included the cabinet, the Qatar National Bank and the Qatar Investment Authority.
KNPC: 96.6% of Biofuel Project Completed
Kuwait National Petroleum Company (KNPC) has revealed that it had finished 96.6% of its biofuel project at the end of October.
Abu Dhabi Reviewing Tender Offers for Desalination Plant
Abu Dhabi’s Department of Energy is currently studying tenders for its Taweelah desalination plant.
ADNOC to Boost Oil Production Capacity to 5M b/d by 2030
The Abu Dhabi Oil Company (ADNOC) has revealed plans to boost its production capacity to 5 million barrels per day (b/d) by the end of 2030.
US to Give Eight Nations Oil Waivers for Iran Sanctions
The US has granted eight Iranian oil importers temporary waivers from the sanctions set to be imposed upon the country’s energy sector on November 5.
ENOC to Shut Condensate Splitter for a Month in November
Emirates National Oil Company (ENOC) is planning to undertake a month-long maintenance for its 140,000 barrels per day (b/d) condensate splitter in November.
Abu Dhabi’s NPCC Awarded $231M Kuwait Oil Construction Contract
Abu Dhabi's National Petroleum Construction Co. (NPCC) announced on October 2 that it had won a $231 million construction contract from the Kuwait Oil Company.
Zhenhua Oil to Sign JV Agreement with Iraq’s SOMO
China's Zhenhua Oil is expected to sign an agreement with Iraq’s State Oil Marketing Organization (SOMO) to establish a joint venture (JV) company.
