Features
UAE plans $163bn green energy spend

Dubai has become an international pioneer in developing the clean and renewable energy sectorThe UAE will invest Dh600 billion ($163 billion) until 2050 to meet the growing energy demand and ensure the sustainable growth of the economy, said the Dubai Electricity and Water Authority (Dewa) in a new report.The UAE has taken early steps to bid farewell to the last barrel of oil, and achieve a balance between development and maintaining a clean, healthy, and safe environment. The UAE Energy...

In Brief

Galfar wins $1.9m workMUSCAT: Oman-based Galfar Engineering and Contracting said it has won a...

Taqa profit jumps 149pc

Abu Dhabi National Energy (Taqa) has reported profit attributable to equity holders of the parent of...



Expro strengthens executive team

International oilfield services company, Expro, has announced the appointments of two key executive management roles. Current executive vice president, Alistair Geddes, has been promoted to chief operating officer (COO) with immediate effect. Geddes has been with Expro for six years, having previously fulfilled leadership roles with Weatherford, BG Group and ExxonMobil. Keith Palmer has been promoted to executive vice president – product lines and will be responsible for Expro’s product lines...

Project Watch UAE

http://www.oilandgasnewsworldwide.com/source/36/03/images/Project-watch-UAE.pdf...

Adnoc Offshore - Upper Zakum Full Field Development

Name of Client : Adnoc OffshoreBudget : $3.84 billionFacility Type : Oil...

Clariant offers better access

Clariant, a focused and innovative specialty chemical company, today announced the opening of a new...

Tenders

BAHRAINProviding cleaning services for above ground storage tanksTender no: RFI-PQ/Bapco/2019-...

Calendar of events

April 20198-9 2019 SPE INTERNATIONAL CONFERENCE ON OILFIELD CHEMISTRYVenue: Moody Gardens...



Saudi Arabia pushes for at least $70 oil

Budget needs are forcing Saudi Arabia to push for oil prices of at least $70 per barrel this year, industry sources say, even though US shale oil producers could benefit and Riyadh’s share of global crude markets might be further eroded.Riyadh, Opec’s de facto leader, said it was steeply cutting exports to its main customers in March and April despite refiners asking for more of its oil. The move defies US President Donald Trump’s demands for Opec to help reduce prices while he toughens...



Sinopec lifts capex

Asia’s top refiner China Petroleum & Chemical Corp (Sinopec) boosted spending on exploration and production by 41 per cent last year as crude oil reserves tumbled at its biggest oilfield.Sinopec’s upstream capital expenditure rose to 59.6 billion yuan ($8.9 billion), its highest since 2014, as the company prepares to ramp up exploration at the Shengli oilfield and shale gas blocks in the southwestern Sichuan province.The jump in spending was partially in response to Beijing’s call for energy...

Petrobras to spend $320m

Brazil’s state-owned oil company Petroleo Brasileiro said it was spending $320 million on put...

US oil drillers slash rigs

US energy firms this week reduced the number of oil rigs operating for a fifth week in a row to its...



Aramco looks to diversify

The national oil company of Saudi Arabia has been looking at acquiring foreign oil and gas properties, indicating that it may be open to investing on a large scale in the global marketSaudi Aramco is pursuing its ambitious energy plans outside the kingdom, including becoming a global leader in natural gas, petrochemicals and trading. Aramco CEO Amin Nasser says the Saudi oil giant’s planned expansion included possible joint venture (JV) LNG partnerships in Australia and Africa, launching its own...

Borets plans major Middle East expansion

The world’s leading electric submersible pumps (ESP) manufacturer, which makes over 12,000 ESPs...

Art of contract negotiation: AlSuwaiket & AlBusaies

The reputed law firm has a remarkable career record in rendering legal services to the construction...

Packers Plus planning to expand footprint

Having been in the Saudi market for 13 years, the company has become a leader in innovation and...

Endress-Hauser showcases the potential of industrial IOT

Keeping an eye on all field devices as part of the IIoT strategy, the company is developing very...

CCC opens new office in Al Khobar setting standards

The investment is part of Compressor Controls Corporation’s strategy of foreign investment...

Voith to open new service facility in Dhahran

The new facility will further strengthen long-term strategic partnerships in the region. It will be...

Kanoo offers big range of flow control equipment

Kanoo Oil and Gas, has a local assembly facility in Dammam, built specifically for the Flow Control...

EagleBurgmann plans major expansion in Saudi Arabia

Specifically, EBKSA will commission its dry gas seal dynamic test rig by the middle of this year...

S.A. TALKE reaches milestone, celebrates 15th anniversary

The company’s unique business approach has become a mainstay of logistics in the chemical and...

Hi-Force offers to industry onsite bolting tools

For many years Hi-Force has also offered clients short and long term tool rental and in 2016 this...

Bahrain looks to boost production

There still is 85 per cent of oil remaining in the Bahrain Field, although it is hard to getBahrain...

AYTB: 40 years of success and many more to come

The company is steadily growing while maintaining measured techniques and methods to excel in what...

Sabic looks for US opportunities

On January 2, the Saudi chemical juggernaut signed a heads of agreement with South Louisiana...

Hydratight- Enerpac’s Services Brand opens new Jubail facility

The new facility concentrates all its activities in a total area of 3,800 sq m. It consists of...

KBR looks to banks to fund project

Upon completion, the project is expected to see a capacity expansion of 15 per centKBR Inc (Kellogg...

Oil industry faces crisis of perception, says Nasser

Other oil industry leaders have expressed similar concerns, but it’s particularly important for...

Sabic spotlights major milestone

The automated digital manufacturing system was built at Airborne’s facility and is capable of...

Sasref maintenance planned

Saudi Aramco plans to carry out scheduled maintenance at its 300,000 barrel per day Sasref refinery...

Targeting zero fuel oil output

Saudi Arabia is increasingly importing fuel oil from Europe to meet growing demand from its power...

Courting Reliance to push downstream

Aramco sees India’s biggest private oil company, Reliance, as a viable route to pump funds into...

COTC becomes the new watchword

Refined products constitute a mature market where the opportunities for growth are mostly limited to...

Eyeing growth in US refining sector

Saudi officials remain adamant that even with their focus on Asia, they still see the US as a...

Saudi maritime looks to expand

Vision 2030 goals to drive sustainable growth and developments in the maritime sector were discussed...

Targeting China for investments

Aramco, already the only Mideast national oil company with a stake in an existing Chinese refinery...



Expertise’s TechExpo to be held on April 24 in Jubail

The second edition of TechExpo, organised by Expertise Contracting Company, a leading industrial service provider in Saudi Arabia, will be held at the company’s corporate office in Jubail on April 24 and will be bigger than the previous edition last year.Expertise is expecting the presence of more than 500 personnel from the petrochemical, oil and gas, steel, drilling, EPC, cement under one roof as it showcases cutting-edge technological advancements made by companies all over the world. The...

Global LNG trade to rise 11 per cent this year: Shell

Shell, the largest buyer and seller of LNG in the world, says trade rose by 27 million tonnes last...

LNG seen key factor in energy transition: CERAWeek

The industry has reached a turning point with regard to LNG. After several years when optimistic...

Optimism reigns for US LNG as global supply fear wanes

As global populations and emerging economies grow, the US LNG industry has positioned itself as a...




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