Tuesday, July 23, 2019
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The latest oil & gas and energy news from the Middle East – only on Business Live ME.

Saudi Aramco Tap Into U.S. Shale Gas Boom With Sempra LNG...

(Bloomberg) - Saudi Aramco agreed to a buy a 25% stake in Sempra Energy’s Texas liquefied natural gas terminal, giving the world’s biggest oil exporter...
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PDO partners to train young Omanis

Petroleum Development Oman (PDO) has announced new employment initiatives in collaboration with partners to train young Omanis to work in sectors outside the oil...
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Strategic projects to drive Oman’s economy

The Sultanate is currently implementing strategic projects worth more than $25 billion in the oil and gas sector to sustain economic diversification, according to...
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OPEC+ Job Isn’t Done as Oil Inventory Rising, Minister Says

(Bloomberg) -- Efforts by OPEC and its allies to balance the global supply and demand of oil aren’t complete because crude inventories continue to...
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Delivering Engineering Excellence

Seven Seas Petroleum is on the road to become the largest turnkey solution provider in Oman’s Industrial market Seven Seas Petroleum LLC, a major Omani...
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Aramco Pumping Stations Targeted in Drone Attack

(Bloomberg) -- Saudi Arabia said Tuesday that unidentified drones attacked two pumping stations belonging to Saudi Aramco, forcing the state oil company to suspend...
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Abu Dhabi Said to Weigh Multi-Billion Dollar Gas Pipeline Deal

(Bloomberg) -- Abu Dhabi National Oil Co. is seeking to raise billions of dollars from its natural-gas pipelines, months after the state-owned explorer got...
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Saudi Taqa Sees $1.2 Billion in Oil Deals

(Bloomberg) -- A Saudi oilfield services company backed by the country’s sovereign wealth fund kicked off a planned $1.2 billion in acquisitions by buying...
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Petrofac secures training contracts over $30 million in Oman, UAE

In a statement released by the company, Petrofac announced that it has secured multiple new awards and contract extensions to provide training solutions to...
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Saudis Pledge to Ensure Oil Supply if Iran Exports Collapse

(Bloomberg) -- Saudi Arabia will coordinate with other crude producers to ensure that adequate supplies are available and the market “does not go out of...
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