News / International
Aramco Eyes $13b Fadhili Gas Plant Online by 2019
State oil giant Saudi Aramco announced it had signed four engineering contracts to build its Fadhili gas processing project worth more than $13b.
UAE: ENEC’s Nuclear Plant Crosses 65% of Completion
The Emirates Nuclear Energy Cooperation (ENEC) is moving forward with the completion of the country’s first nuclear plant, with the successful installation of Unit 3 Reactor Vessel (RV) at Barakah.
Algeria Boosts Output at Two Major Oil Fields
Algeria has increased its oil output at the Hassi Messaoud and Ourhoud oil fields over the last few months in an effort to compensate for lost revenue,
UAE’s Drake&Scull Wins $62m Iraqi Zubair Oilfield Contract
UAE's Drake & Scull International (DSI) said it has been awarded a $62m contract at the Zubair oil and gas field in Basra in southern Iraq by a subsidiary of Italian energy giant Eni.
Aramco Mulling New Clean Fuels Projects
Saudi oil giant Aramco's CEO, Amin Nasser, stated that Aramco is still studying plans for clean fuels project in line with the country's Saudi Vision 2030 renewables program.
Annual Revenue of Iran’s Petchem Output to Increase by $5.1b
Iran is to commence several petrochemical projects with $5.4b worth of investment by March 21st, 2017 and the annual value of the country's petrochemical products would increase by $5.1b.
Iran, Greece to Consider Energy Cooperation Projects
Greek Environment and Energy Minister, Panos Skourletis, and Iran’s Deputy Foreign Minister for Europe and America, Majid Takht-Ravanchi, have agreed upon expanding the energy cooperation between the two nations, noting the great potential in this area.
Nigeria Records $518m Lost in Oil Revenues in 2013
Nigerian National Petroleum Corporation has weighed costs amounting to $518m to the federal government due to 2013 inefficiencies in oil swaps and offshore processing agreements.
Iran, British Association Ink 1,000MW Solar Plant Deal
The British Photovoltaic Association (BPVA) will construct a $1.7b solar plant with the capacity of 1,000MW in Iran following an agreement concluded with the government.
