Wednesday 26 July 2017
 
»

Basrah Heavy cargo sold at $1.37 premium on DME

Dubai Mercantile Exchange hosted its latest auction on Wednesday, on behalf of Iraq’s National Oil Company (Somo). The 2-million barrel cargo of Basrah Heavy was awarded at a premium of $1.37 per barrel over the September Basrah Heavy Official Selling Price (OSP).  28 compan

More…

Abu Dhabi group to set up $150m Vietnam petchem JV

Abu Dhabi-based Baron Point Petroleum Services Company (Baron Point Petroleum) has reached an agreement with national oil and gas company PetroVietnam Oil Corporation (PV Oil) to set up a joint venture that will finance, build and operate petroleum product pipelines and storage space in the cou

More…

SNC-Lavalin wins Guinea refinery deal

SNC-Lavalin has been awarded a contract by Brahms Oil Refineries Limited to undertake a front-end engineering design (Feed) conversion to EPC contract for a 10,000 barrel per day crude oil refinery in Kamsar, Guinea. The Feed will provide a budget cost estimate to obtain a final

More…

Redavia commissions Tanzania’s largest solar farm

Redavia, a global market leader of cost-effective rental solar power for businesses and communities, has kicked off operations of its eight-container solar farm at Shanta Gold’s New Luika mine in the Chunya district, Tanzania. With the initial one container solar plant, deployed

More…

Four firms vie to set up wind farm at Gulf of Suez

Four international companies are vying to establish a 250MW wind farm in the Gulf of Suez in Egypt, a report said. The companies include Vestas and Siemens, as well as Enercon and Ray Power, Daily News Egypt reported, citing sources at the New and Renewable Energy Author

More…

Iran eyes development of Caspian oilfields

Iran is holding meetings with companies in the fields of drilling and exploration of oil and gas from Russia, Norway and China to consider cooperation opportunity in developmental activities in Caspian Sea, a top official said. Director of Khazar Exploration and Production Compan

More…

Senaat – Abu Dhabi unit wins top EPC ranking

Senaat – Abu Dhabi, one of the UAE’s largest industrial investment holding companies, said its subsidary - National Petroleum Construction Company (NPCC) - has been ranked 5th in the annual list of Top 30 engineering, procurement and construction companies in the energy sector in th

More…

Rockwell Automation continues to expand MES applications

US-based Rockwell Automation has continued to build out its scalable MES applications to allow operations to configure their environment without programming, add more applications, increase DCS process system integration, and expand deployment options. Rockwell Automation is one

More…

Enec completes key test on nuclear energy plant

The Emirates Nuclear Energy Corporation (Enec) has successfully completed the cold hydrostatic testing (CHT) at Unit 2 of the Barakah Nuclear Energy Plant located in the Al Dhafra region of Abu Dhabi. The completion of this milestone, which concluded approximately 12 months after

More…

Oil to stay between $50-55 in H2, 2018: Barclays

Brent prices are likely to stay in the $50-55 range in the second half of 2017 and to average in the same range in 2018, said Barclays in its latest Oil Instant Insight. Despite the statements in the communiqué of the Opec/Non-Opec Joint Ministerial Monitoring Com

More…
 1 2 3 4 > 

calendarCalendar of Events

Ads