The Emirate-based Gulf Petrochem Group signed a 5-year agreement to distribute Indian IPOL brand of lubricant in the United Arab Emirates, with operations slated to fully commence during the third quarter of 2016.
Norwegian oil and gas operator DNO said its Hayah-1 exploration well in Oman's onshore Block 36 failed to encounter hydrocarbons, other than minor gas shows, and will be plugged and abandoned.
Iran plans to raise its gas exports to 200mcm/d through pipelines to nearby countries. In addition, the achievement of liquefied natural gas (LNG) projects are also prioritized.
The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years.
UAE-based, Marsol International, supported Oman Oil Company Exploration & Production LLC’s (OOCEP) first shipment of crude oil from the Musandam gas plant in May.
The Dutch offshore engineering company Intecsea, a leader in offshore engineering, has expressed its interest in the construction of a subsea pipeline for supplying Iran’s natural gas to Oman.
Iran and Oman plan to establish a joint company to market liquefied natural gas (LNG). It is expected to be registered in Oman, and will have the sole responsibility of market natural gas to other parts of the world.
Oman recorded a 166% year-on-year increase in the production of regular petrol 90 and super petrol 95 during the first two months of 2016, according to the latest data released by the National Center for Statistics a ...