Orpic Logistics Company (OLC) has awarded an engineering, procurement and construction (EPC) contract and a financing deal for a major pipeline project worth $320 million in Oman.
OLC is a joint venture between Oman Oil Refineries and P
Libya's El Sharara oilfield remains closed but oil workers are keeping it ready to resume production once a pipeline blockage is cleared, field managers said.
El Sharara's production prior to shutting w
The potential demand and supply pipeline of sukuk is expected to grow, a new survey has found.
Despite this increase, demand is still expected to outstrip supply substantially until next year, when it is predicted that supply will
Russia's Gazprom and Turkey's Botas have signed a memorandum to build an undersea pipeline to Turkey with an annual capacity of 63 billion cubic metres, Gazprom CEO Alexei Miller said.
He said 14 bcm ou
Bahrain-based solutions provider Oak Utility Solutions and Development has entered into an exclusive licence agreement to bring a new pipeline rehabilitation technology known as XHab to the Middle East.
Headquartered in Bahrain wi
Iraqi Kurdistan plans to increase the capacity of its oil pipeline via Turkey to 700,000 barrels per day (bpd) following upgrade work, industry sources and officials said.
It will raise the flow to 400,000 bpd