Middle East


All posts for Middle East

Petrofac Secures Contract With Petroleum Development Oman

Petrofac has been awarded a contract worth US$265million for the development of the Marmul Polymer Phase 3 (MPP3) Project in southern Oman. This is the first award to be secured under a 10-year Framework Agreement with Petroleum Development Oman (PDO) signed in 2017, which enables Petrofac to provi ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Middle EastomanContract +4

EnerQuip Hits Middle East Milestone With Over 100 Project Wins

Aberdeen, UK 26 th March 2018: EnerQuip , the leading global supplier of torque machine solutions for the oil and gas industry, has reached a major growth milestone in the Middle East, winning more than 100 projects since the beginning of 2017. The growth has been driven by the continued rise i ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ContractEnerQuipMiddle East +1

Shell to Sell its Stake in Iraq’s West Qurna 1 Oil Field to Itochu Corporation

Shell EP Middle East Holdings B.V. has agreed to sell the entire share capital of Shell Iraq B.V (SIBV), which holds its 19.6% stake in the West Qurna 1 oil field, for $406 million, to a subsidiary of ITOCHU Corporation. The purchaser will also assume debt of $144 million as part of the transactio ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ShellIraqDivestment +6

AISUS Wins First Contract in the Middle East

Leading offshore inspection company, AISUS has announced its first major contract win in the Middle East with North Oil Company (NOC). The six-figure agreement marks a significant milestone for the firm and provides the foundation on which the company plans to build its growing business in the Midd ...

OilVoice Press - OilVoice


Posted 2 years agoPress > AISUSContractMiddle East +6

Middle East Countries Plan to Add Nuclear to Their Generation Mix

Source: U.S. Energy Information Administration, International Energy Statistics , International Atomic Energy Agency, Reuters, and Bloomberg Nuclear electricity generation capacity in the Middle East is expected to increase from 3.6 gigawatts (GW) in 2018 to 14.1 GW by 2028 because of new ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > Middle Eastuaeunited arab emirates +6

Saudi Diesel Exports Stop Growing for Now

Diesel and jet fuel exports from the Middle East will stop growing in 2018, according to ESAI Energy's recently published Middle East Watch Products . Saudi Arabia, the biggest distillate exporter in the region, will export a similar amount as it did last year, marking a departure from four conse ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Saudi ArabiaKingdom of Saudi Arabiaexports +3

SPE Workshop: Lebanon Offshore Oil and Gas Exploration and Development

The Levantine basin in the eastern Mediterranean waters is one of the largest untapped exploration basins worldwide and is, consequently, attracting a lot of attention especially due to several major discoveries in the last few years. The workshop will discuss the different phases and challenges re ...

evvnt Platform


Beirut   Beirut Governorate   LB 14 Mar 2018


Posted 2 years agoEvent > OilEnergygas +1

ADES Extends Three Major Contracts in the Gulf of Suez

(London & Dubai, 11 January 2018) ADES International Holding Ltd. (LON: ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle Eastand Africa through its subsidiaries, has successfully extended two existing contracts for Admarin ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ADESADES InternationalContract +8

Operational Offshore Jack-Up Rigs in the Arabian Gulf

ADES International Holding Ltd. (ADE, or the Group) (LON: ADES), the London - listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has signed a Purchase and Sale Agreement (PSA) with Nabors Drilling In ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ADES InternationalArabian GulfPSA +3

StocExpo Middle East Africa

StocExpo Middle East Africa (formerly Tank World Expo) returns to Dubai on the 17th & 18th of April for the biggest and most exciting show to date. Oil & gas professionals from across the Middle East and African regions will be coming together in one of the world's key oil trading hubs, to do busine ...

Anthony Webb


Dubai   Dubai   AE 17 Apr 2018


Posted 2 years agoEvent > Dubai World Trade CentreTank FarmMiddle East +3

Petrofac Secures US$160 Million Award From Basra Oil Company

Petrofac's Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export Expansion Project (ICOEEP).  The new two-year extension reflects Petrofac's continued delivery foc ...

OilVoice Press - OilVoice


Posted 2 years agoPress > PetrofacBOCBasra Oil Company +4

Dr. Daniel Fine on Oil and Gas: Prices and Supply Short of War in Middle East

One day after the OPEC annual meeting, although composed for publication two weeks ago, this column moves the clock forward to early 2018.  There is a background noise of regional “hybrid war” intruding on the market price of World and West Texas Intermediate oil. Most analysts both commercial and ...

Will Fine


Posted 2 years agoOpinion > Kingdom of Saudi ArabiasaudiSaudi Aramco +89

Russia's Mixed Feelings on Extending Production Deal

For Mr. Putin, the deal with OPEC has lifted oil prices, liquidated a global oil glut, and paid dividends in the form of improved relations with Saudi Arabia, boosting Russia's real and perceived influence in the Middle East. At this juncture, however, the benefits for Russia and thus Mr. Putin ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > RussiaPutinOPEC +5

Geopolitics Is Rearing Its Head Again In Oil

Brent and WTI prices are now at their highest levels in two years. With Brent almost touching US$65/b and WTI within shot of US$60/b, this is cheer for the market, where most participants had resigned themselves to a prolonged period of US$50/b oil. There are several factors propelling this rise. OP ...

Easwaran Kanason


Posted 2 years agoOpinion > WTIOPECBrent +5

KCA Deutag Secures Land Drilling Contracts for Five Rigs Worth $48m

Leading international drilling and engineering contractor KCA Deutag today announces that its land drilling operation has been awarded new contracts for five rigs with a combined contract value of $48 million. The first of those rigs, the T-72 has been awarded a nine month contract in Pakistan for ...

OilVoice Press - OilVoice


Posted 2 years agoPress > KCA DEUTAGPakistanDrilling +3