Superior Drilling Products Establishes Middle East Partnership

• Thursday, 18th October 2018
• by Editorial Team

Superior Drilling Products plan to enter the Middle Eastern market through a service partnership with Smith International Gulf Services (SIGS) with the intention of launching the US company’s wellbore tool in the ...

Marsol First UAE Company to Win ISO Certification

• Tuesday, 7th August 2018
• by Editorial Team

Oil industry services company Marsol International has become the first UAE company to be awarded the ISO 45001:2018 certification by Bureau Veritas, acknowledging Marsol’s commitment to superior standards and emp ...

ENOC to receive $500 M Loan to Fuel Expansion

• Sunday, 6th August 2017
• by Editorial Team

The Emirates National Oil Company (ENOC) is set to receive a $500 million loan.

Dubai Sets Oil Delivery Prices for June

• Thursday, 23rd March 2017
• by Editorial Team

The official price of the Dubai crude oil barrel for delivery in June will be $0.20 less than the average daily settlement price of the Oman Crude Oil Financial Contract in Dubai Mercantile Exchange (DME Oman) contra ...

Dubai’s Dar Group Acquired 13.35% Stake in WorleyParsons

• Wednesday, 1st March 2017
• by Editorial Team

Dubai-based Dar Group has bought a 13.35% stake in the oilfield services provider WorleyParsons after its takeover bid in 2016 was rejected.

Riyadh Mulls Price Hike for Crude to Asia

• Thursday, 2nd February 2017
• by Dr. Mahinaz El-Baz

Saudi Arabia is expected to slightly increase the price of its crude for Asian customers in March in line with a stronger Dubai benchmark price.

Dubai to Start Building Solar Park

• Thursday, 19th January 2017
• by Egypt Oil & Gas

Construction of the 800MW phase three of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai will start at the end of January.

ICE to Limit Dubai Oil Future

• Monday, 14th November 2016
• by Egypt Oil & Gas

Intercontinental Exchange Inc has proposed limiting the size of positions investors can hold in 2017 when trading Dubai futures.

Angola Becomes Top Chinese Crude Supplier

• Wednesday, 31st August 2016
• by Egypt Oil & Gas

Angola beat out Saudi Arabia and Russia in July to become China's largest crude supplier for the first time in 2016, as the Asian country's import amounted to 1.11mb/d of Angolan crude, marking a surge of 23.3% over ...

Dubai Government Tackles Illegal Diesel Trading

• Thursday, 3rd March 2016
• by Egypt Oil & Gas

Eight Dubai Government entities joined hands to inspect 12 companies in the emirate involved in the illegal trade of diesel.