News / International
Gambia Signs $165m Electricity Project with China
The Gambian Ministry of Petroleum, National Water and Electricity Company (NAWEC), and the Chinese company Sinohydro Corporation signed a $165m project aiming to construct a new HFO Power Plant with 60MW capacity in late April.
Shell Reopens Nigeria’s Bonga Field
Shell Nigeria has reopened the Bonga deep-water oilfield after a turnaround maintenance in early March .
Kuwait’s Oil Exports to China Rise 14.7%
Kuwait's crude oil exports to China in the first three months of 2017 rose 14.7% from the same period of 2016 to 305,000b/d.
Saudi Arabia Loses Market Share to Iran, Iraq
Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices.
OPEC Ministers to Meet Russia
The energy ministers of Saudi Arabia and Venezuela plan to meet their Russian counterpart to discuss extending oil-output cuts.
Iraq Starts Final Phase of Halfaya’s Expansion
The third and final phase of work to expand southern Halfaya oil field is part of Iraq's plan to double the field's capacity to 400,000b/d by 2018.
DeepOcean Awarded Contract Offshore UAE
The services provider was awarded a contract for the provision of post-lay trenching and backfilling works on 56km of power cable.
Sound Energy, Schlumberger Extend Morocco’s FMA Deal
The contract extension includes Meridja and the Tendrara relinquished areas onshore Morocco.
