Tuesday 24 April 2018

Al Hilal Group terminates media deal with Mepec organiser

Al Hilal Group, the publisher of Oil & Gas News and a number of leading pan-regional trade publications in the GCC, has terminated its media relationship with ME3, the organiser of the Middle East Process Engineering Conference (Mepec) held in Bahrain every two years.


Siemens to add 700MW to Iraq power plant

Germany-based Siemens has won a contract to add 700 megawatts (MW) to the Rumaila Gas Power Plant in Iraq, which currently has a power generation capacity of 1500 MW. Siemens will supply its highly-efficient SST-5000 steam turbines, ensuring the additional power supply comes at n


Oman plans to build undersea gas pipeline project

Oman is planning to invite bids next month for the construction of an undersea natural gas pipeline between Sohar and its neighbour Iran, said a report citing the sultanate’s oil minister.   Mohammed bin Hamad Al Rumhi told Thomson Reuters Project


EU, Egypt to ink strategic energy partnership deal

European Union is set to sign an MoU for strategic cooperation in energy with Egypt, which is fast becoming an important gas and electricity hub  that can provide energy security for the bloc as well as the entire region, said a report.   Climate Action and


Opec, non-Opec conformity level hits 149pc in March

Organization of Petroleum Exporting Countries (Opec) and participating non-Opec countries have achieved a conformity level of 149 per cent in March with their voluntary production adjustments, the highest level so far, said a joint ministerial monitoring committee (JMMC) in its report.


Schlumberger ‘keen to offer exploration tech in Lebanon’

Schlumberger, a global technology company, is eager to bring its pore-to-pipeline solutions to customers in Lebanon to help tackle Mediterranean deep water challenges from exploration to early production, said its VP and managing director for Egypt & East Mediterranean.   &nb


Acwa consortium wins Salalah IWP desal plant deal

Oman Power and Water Procurement Company (OPWP) has awarded a RO60-million ($155 million) contract to a consortium led by Saudi-based Acwa Power for developing the sultanate's first independent water desalination (IWP) procurement in the governorate of Dhofar. The consortium,


Taqa raises $1.75bn from two-tranche bond issue

Abu Dhabi National Energy Company, also known as Taqa, raised $1.75 billion in a two-tranche dollar denominated bond issue that was 4.7 times oversubscribed. The two tranches consisted of bonds with maturities of seven years with a coupon of 4.375 per cent, and bonds with maturit


Intertek, Daleel Petroleum host workshop in Oman

UK-based Intertek, a top quality solutions provider to industries worldwide, recently hosted a production and integrity assurance workshop in partnership with Daleel Petroleum, a leading oil producing company in Oman. Daleel Petroleum is involved in exploration and production, an


SNC-Lavalin wins Saudi Aramco gas plant contract

SNC-Lavalin, a leading engineering and construction group, said it has been awarded a multimillion-dollar contract by state oil giant Saudi Aramco to install additional facilities at its Wasit Gas plant, a major energy processing facility, in the country's Eastern Province. W

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