News / International
Iran to Stick to OPEC Decision on Oil Cut Deal
Iran announced it will go along with whatever decision OPEC makes on whether to extend oil production cuts beyond June.
Saudi Arabia’s Sadara Awarded Top Project Prize
Saudi Arabia received the top prize 2017 MEED Quality Awards for Projects for its Sadara petrochemical scheme.
Shell Signs New Agreement in Oman
Royal Dutch Shell signed a heads of agreement to work on Block 42 in Oman.
Iraqi Fuel Oil Exports Rise Despite OPEC Cuts
Iraqi fuel oil exports have risen since the beginning of 2017 despite the country’s commitment to curb production in line with OPEC supply cuts.
Adnoc to Decrease Oil Sales by 10% in June
In line with the UAE's plan to follow OPEC’s agreement to reduce production, the state-owned Abu Dhabi National Oil Co. (Adnoc) s is cutting back supplies to customers in June.
KIPIC to Become Largest Oil Company in Kuwait
Kuwait National Petroleum Company (KNPC) and the Petrochemicals Industries Company (PIC) signed early May agreements to transfer contracts of key projects to Kuwait Integrated Petrochemical Industries Company (KIPIC).
Total Signs Two Exploration Deals Offshore Senegal
The first agreement involves an exploration and production sharing contract for the Rufisque Offshore Profond block. The second one sets that Total will perform studies to assess the exploration potential of Senegal’s ultra-deep offshore.
Uganda Shortlists Four Companies for Oil Refinery Project
Uganda shortlisted four companies from which it intends to select the bid winner to construct the the country's $4.27b oil refinery project.
