Wednesday, August 21, 2019

Aramco to Peel Back Financial Veil With August Earnings Call

(Bloomberg) -- Now that Saudi Aramco has revealed itself as the world’s most profitable company, it’s preparing to host its first earnings call in...
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Oil demand in Middle East projected to grow

Crude oil futures prices extended their gains in March, with both ICE Brent and NYMEX WTI up $2.60 and $3.19 m-o-m, respectively, to their...
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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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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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PDO day celebrates Staff Excellence

Petroleum Development Oman (PDO) on Sunday celebrated its annual PDO Day which is held every year to mark the anniversary of His Majesty Sultan...
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Middle East Oil Grab Hits Fever Pitch as Supply Squeeze Persists

(Bloomberg) -- Oil refiners across Asia are bidding up crude prices from Abu Dhabi to Oman as they compete for supplies to make up for...
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PDO sponsored trainees enter job market

Petroleum Development Oman (PDO) celebrated the graduation of 498 young Omanis from Company-sponsored training programmes to take up full-time employment.The trainees were the 15th...
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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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