News / International
Rowan, Aramco to Form a Saudi JV
US Rowan Companies Plc announced that it was forming a joint venture with Saudi Arabian state oil giant Saudi Aramco.
Aramco Extended KBR’s Contract
Saudi Aramco has signed an amendment to extend its existing general engineering services plus (GES+) contract with KBR's joint venture engineering operation, KBR-AMCDE.
Demand for Gas to Continue Growth in 2017
The Qatari Minister of Energy and Industry, Mohammed bin Saleh Al Sada, has declared that the rate of growth of demand for natural gas doubled in 2015 compared to the 2014.
Tarach-1 Showed Strong Hydrocarbon Presence
The American trade corporation, ERHC announced that preliminary analysis of the Tarach-1, situated in Kenya's Block 11A, drilling results reveals encouraging information for further exploration.
DNO to Develop Changuleh Oil Field
DNO signed a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct a study on the development of the Changuleh oil field in western Iran.
Kenya Increased Pump Prices
Kenyan Energy Regulatory Commission (ERC) increased the maximum retail prices of petrol, diesel and kerosene in the country. The changes took effective from mid November and will remain valid for a 30-day period.
Bapco Seeks Refinery Financing
Bahrain Petroleum Company (Bapco) is in talks with Export Credit Agencies (ECA) to finance the expansion of its Sitra oil refinery. The project is estimated to cost around $5b.
Shell, Nigeria Signed Funding MoU
Shell Companies in Nigeria has signed memoranda of understanding (MoU) with eight Nigerian banks under the revised Shell Contractor Support Fund in order to offer loans faster and at cheaper rates.
