News / International

Slight Decline Expected in Saudi 2015 LPG Exports

Saudi Arabia’s LPG exports for 2015 are expected to be steady to slightly lower than last year, as rising demand from domestic petrochemical plants is countered by increasing production from oilfield upgrades, a source familiar with the matter said Wednesday, February 11.

Rouhani Pledges to Boost Iran’s Gas Production

Iran’s President Hassan Rouhani says the country will soon increase its natural gas production by another 100 mcm/d.

Kuwait Oil Spending Plans Oblivious of Prices

Kuwait plans to spend of more than KD34 billion ($116 billion) on projects in a new five-year development plan in spite of the recent slump in oil prices, a report said.

Qatar on Solar Energy Threashold

Qatar is entering a new era of solar technology with at least one Qatari firm leading the way, according to industry experts.

Abu Dhabi Awards Gas Dehydration Contract to Maire Tecnimont and Archirodon

Maire Tecnimont has, in consortium with Archirodon, received a letter of award for an EPC contract with Abu Dhabi Gas Liquefaction Company Ltd. (ADGAS) for the execution of the Package 1 of the IGD Expansion Project (IGD-E) on Das Island, Abu Dhabi, UAE.

Seplat Aquires Stake in OML 53 and OML 55 in Nigeria

Seplat Petroleum Development Co. Plc has completed stake acquisitions in OML 53 and OML 55 in Nigeria.

Arbitration Win for InterOil in Papua New Guinea Dispute

The International Chamber of Commerce arbitration panel in London has found in favor of InterOil Corp. in its battle with Oil Search Ltd. over preemptive rights in Elk-Antelope gas field in retention licence PRL 15 onshore Papua New Guinea.

Aggreko Commissions 18 MW Power Plant in Mozambique

A new power plant has been commissioned in Mozambique by Aggreko and state power utility Electricidade de Moçambique (EDM).

Dyna-Mac to Build Topsides Modules for Deepwater Angola FPSO

Dyna-Mac has secured a S$60-million ($44-million) letter of award to construct six units of FPSO topsides modules for Armada Cabaca Ltd., an affiliate of Bumi Armada Berhad.

Myanmar Offshore Blocks Awarded to Shell, Mitsui

Mitsui Oil Exploration Co. Ltd. has succeeded in a joint bid in the Myanmar Offshore Bidding Round 2013 for three deepwater blocks located offshore Myanmar, namely blocks AD-9, AD-11, and MD-5.

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