China’s CSCEC Seeks Expansion in Gulf Markets
The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects.
The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects.
Oman's Petrogas and HitecVision are set to acquire Total’s North Sea oilfields in the UK for $635 million.
The agreement will allow Iraq to export crude oil to and import petroleum products from Oman.
Four new hydrocarbon and petrochemical projects worth $2.5 billion will be implemented on a new reclaimed land from the sea as a part of the Sohar South expansion project of Sohar Port and Freezone (SOHAR).
Oman liquefied natural gas (LNG) has offered three cargoes for August loading, according to industry sources.
Petroleum Development Oman (PDO) has awarded Petrofac the procurement services project for the Mabrouk North East Line Pipe in Oman.
KBR has been awarded a Front- End Engineering Design (FEED) contract by Oman LNG for their facility’s debottlenecking at Sur in Oman.
Omani crude oil and condensates production has increased to 29.11 million barrels in April with a daily average production of 970,467 barrels per day (b/d).
Oman Liquefied Natural Gas (LNG) has developed all its facilities with a $2 billion payment ahead of its time.
Douglas OHI won a $42.1 million deal that includes civil and underground piping to develop the new Duqm oil refinery in Oman.