News / International
Omani Blend Crude Bolsters Ambitious Dubai Mercantile Exchange
The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched ‘DME Auctions’ platform.
Oman Localization Strategy Garners $650m in Contracts
Multi-million dollar contracts were signed by corporate entities, including small and medium enterprises (SMEs), in various fields during the Business Opportunities Forum at the Oman International Exhibition Centre at Seeb.
Noble Energy Poised to Sell Stake if Israeli Cabinet Overrides Knesset
Noble Energy (NBL) has agreed to sell its 47% stake in two undeveloped gas fields in the eastern Mediterranean to Israeli partner Delek Group for $67m.
Algeria to Focus Next Year on Developing From Older Oil Fields
Sonatrach state energy company Vice President, Salah Mekmouche, said the company would focus on developing more from older fields like Hassi Massoud, Hasi Berkine, and Illizi southwest and east.
Nigeria’s Crude Exports Record a High
Nigeria exported 64.86 million barrels, or 2.09 million b/d, of oil including condensates in July, down from the 1.98 million b/d in June.
South Africa Eskom Celebrates 100 Days Without Load Shedding
"While the system remains tight, we will continue with maintenance with no or limited load shedding," Group Chief Executive Brian Molefe said.
Bahrain to Host 3rd Pipeline Conference for Middle East
Bahrain’s Energy Minister Dr Abdulhussain Mirza will patronise the third international ‘Pipeline Operations and Management - Middle East’ conference and exhibition
Oil Prices Prompt Saudi to Sell Airports
Saudi Arabia will begin privatizing its airports and related services in the first quarter of 2016, the country’s General Authority for Civil Aviation (GACA) said on Sunday
