Saturday 30 May 2020

PSW supports Edison's exploration project in Egypt

Norway and UK based PSW Group said that its capping stack division has partnered with the Edison E&P Emergency Response Team to prepared logistics and response plans to mobilise and deploy the stack in Egypt if required. This was the first international operation for the PSW


Saudi Arabia committed to Yanbu petchem project, says expert

Saudi Aramco and Saudi Basic Industries Corporation (Sabic) moving forward with their plans of building a mega petrochemicals complex in Yanbu demonstrates their commitment to their long-term goal of expanding the kingdom’s downstream sector, said an expert.  


World Petroleum Congress put off to December 2021

The World Petroleum Council Executive Committee and 23rd World Petroleum Congress Organizing Committee have agreed to postpone the congress to December 5-9, 2021 in Houston, USA, due to Covid-19 concerns.   The widespread consequences of Covid-19, including heal


Oman’s power production till February down 6.5pc

Oman's total electricity production until the end of February this year registered a 6.5 per cent  decline to hit 4,080.2 gigawatts (GW) per hour compared to 4,365.6 GW per hour during the same period in 2019, reported Oman News Agency, citing statistics released by the Nati


PDO vows renewable focus despite GlassPoint liquidation move

Petroleum Development Oman (PDO), the sultanate’s leading oil and gas producer, has vowed to continue with its ambitious renewable energy objectives, notwithstanding the announcement by key technology partner GlassPoint Solar to go into liquidation, a report said.  


Bapco expansion project on track; 50pc work complete

Steady progress was being made on Bahrain oil refining giant Bapco's multibillion-dollar expansion project with 50 per cent of the work already completed despite Covid-19 challenges. The project is on track for completion by the third quarter of 2022, reported BNA citing the


Oil markets tight, to rebalance over time: Adnoc CEO

The world is in unchartered territory and right now, no one can predict exactly what the global economic recovery will look like. But there are signs that oil markets have tightened in recent weeks and will rebalance over time, said Dr Sultan Ahmed Al Jaber, the UAE Minister of State and Grou

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