News / International

Saudi Arabia Aims Barrel Price to Hit $60

Saudi Arabia wants crude oil prices to rise to around $60 a barrel in 2017, five sources from OPEC countries and the oil industry said.

Qatar Petroleum to Merge 2 Petrochemical Units

The state-run company will meld the operations of Qatar Vinyl, part of Mesaieed Petrochemical Holding, into Qatar Petrochemical, a unit of Industries Qatar QSC.

Aramco Confirms $7b Deal With Petronas

Saudi Arabia’s state oil company Saudi Aramco will invest $7b and take a 50% stake in select ventures and assets in Malaysia's RAPID project.

Iran to Issue $1.5b Bonds for Petroleum Projects

The legislation grants the oil ministry permission to sell more than $1.5b in bonds for projects shared with neighboring countries.

AGG Survey Clarifies Bahrain Offshore Potential

The integrated geoscience company CGG has completed an airborne gravity gradiometer (AGG) survey in the Kingdom of Bahrain, on behalf of Bahrain Petroleum Company (Bapco).

Siemens to Provide 5 CHP Turbines to Saudi Arabia

Siemens has received an order for five F-class gas turbines for a combined heat and power (CHP) plant in the Kingdom of Saudi Arabia.

Iran, Oman,India: A $4.5b Pipeline on Track

The implementation of a plan to build an undersea gas pipeline to export Iran’s gas via Oman Sea and Indian Ocean to India is imminent, according to South Asia Gas Enterprise Pvt Ltd’s (SAGE) Project Director, Ian Nash.

Aramco, Petronas to Sign Refinery Agreement

Malaysia's state oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco are expected to sign an agreement to collaborate in Malaysia's Refinery and Petrochemical Integrated Development (RAPID) project.

Cairn Energy Drilled SNE-5 Well Offshore Senegal

Cairn Energy has reached Total Depth (TD) at the SNE-5 well offshore Senegal at 2,852 meters below the mud line.

Fugro Awarded Seabed Survey Contract in Kenya

Geo-intelligence firm Fugro announced it has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons.

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