heavy oil
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Petrofac Successfully Integrates Kuwait Oil’s New Control Center
Thursday, 25th February 2021
Petrofac Company announced that its Lower Fars heavy oil development project team has successfully completed integration of the new Crude Oil Control Center of Kuwait Oil Company by using its updated technology and equipment to improve the effectiveness of operations.
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Oman’s Solar-Oil Recovery Project to Bolster Local Supplies, Jobs
Thursday, 5th November 2015
Petroleum Development Oman (PDO) and GlassPoint Solar have broken ground on their landmark solar project ‘Miraah’ in Oman. -
Bahrain to Host Heavy Oil Technology Conference
Monday, 14th September 2015
Officials, experts and key stakeholders from the Gulf and global heavy oil producing countries will gather in Manama, Bahrain for the Middle East Heavy Oil Congress (MEHOC) -
Kuwait Will Produce 60,000 b/d of Heavy Oil by 2018
Sunday, 15th February 2015
Kuwait will produce its first batch of 60,000 barrels of heavy oil a day by 2018, Minister of Oil and Minister of State for National Assembly Affairs Dr. Ali Al-Omair announced. -
Middle East Heavy Oil Congress Earmarked for Bahrain
Thursday, 29th January 2015
DMG events, an international exhibition company, has announced the launch of the Middle East Heavy Oil Congress in partnership with the National Oil and Gas Authority (NOGA), -
Kuwait Awards $4.2 Billion Contract to Develop Lower Fars Oilfield
Tuesday, 13th January 2015
Kuwait has awarded UAE-based Petrofac International and Greece-based Consolidated Contractors Company (CCC) a $4.2 billion contract to develop Lower Fars heavy oilfield in the north of the country.
Latest News
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El Molla Inspects Progress of New Alamein Pipeline Project
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021