Saturday 19 April 2014

Kuwait to award $4.3bn new contract

Kuwait plans to award a 1.2 billion dinar ($4.3 billion) contract later this year for the first phase of a project to produce heavy oil at its northern Ratqa field, the head of state-owned Kuwait Oil Company (KOC) said. The project is part of efforts to meet Kuwait's target o


Chevron breaks ground on Kuwait oil project

Saudi Arabian Chevron along with Kuwait Gulf Oil Company broke ground on their integral oil project at Wafra in Kuwait. With this Main Gathering Center (MGC) Revamp Project, Saudi Arabian Chevron and its partner the Kuwait Gulf Oil Company plan to upgrade and maintain facilities


Iraq signs up ABB unit to upgrade power networks

Ventyx, an ABB company, has signed an agreement with the Ministry of Electricity (MOE) in Iraq to provide energy management systems that will help improve power supplies in Iraq from main control centres in Baghdad, Kirkuk and Basra. The MOE is upgrading its existing regional con


Alstom wins $312m gas turbine deal in Iraq

French engineering group Alstom said it had won a contract worth 225 million euros ($312 million) to provide power generation equipment for the Al-Anbar gas-fired combined-cycle power plant being built in the Anbar province of Iraq. Alstom will supply four GT26 gas turbines, four


Lux Assure boosts Mideast presence

Oil and gas asset integrity and corrosion management firm Lux Assure has grown its presence in the Middle East with the appointment of two regional agents as well as a new business development manager. The chemical monitoring specialist has partnered with Middle East Oilfield Ser


200 delegates to attend Kuwait SPE event

More than 200 delegates are set to attend the first SPE Oilfield Water Management Conference and Exhibition, which will offer a focused technical programme in Kuwait next week.   The event, organised by the Society of Petroleum Engineers, will take place on Apri


Topaz wins $11m West Africa contract

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, has won a new $11 million contract for its fast growing West Africa operation. Topaz will supply a global oil major with a platform supply vessel, the Topaz


Egypt battles energy crunch with AC import ban

Egypt, grappling with an energy crunch, will enforce a ban on the production and import of air conditioners that can be set lower than 20 degrees Celsius, aiming to reassure citizens and industry hit with power cuts and fuel shortages.   The failure of successiv


5 SKorea firms win $7.2bn Kuwait refinery orders

Five South Korean companies have won a combined $7.2 billion in orders from Kuwait National Petroleum Company to expand capacity and improve environmental standards at two oil refineries.   The contracts, which stem from $12 billion in bids approved in February


Shell, BP sign Kuwait LNG supply deals

Royal Dutch Shell and BP have signed deals to supply Kuwait with liquefied natural gas (LNG) over the next few years, a Kuwait Petroleum Corporation (KPC) official was quoted as saying on Sunday. Kuwait began importing LNG in 2009 and signed deals for Shell and Swiss-based trader

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