Tuesday, September 17, 2019

Energy

The latest oil & gas and energy news from the Middle East – only on Business Live ME.

OPEC Gulf Tracker: Flow Hits Four-Month High as Exporters Fret

(Bloomberg) -- OPEC’s Middle East oil exporters boosted crude supplies to their highest level in four months in August, even as the group’s biggest...
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Oman finalising development plans for sixth heavy oil block

Oman is currently finalising development plans for Habhab oil field and is looking at potential investors, according to HE Salim bin Nasser al Aufi,...
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Oil price drop not to impact development

Oman’s Oil and gas sector development will continue even if oil prices drop below $40 per barrel, HE Salim bin Nasser Al Aufi, Undersecretary...
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Heavy Oil Congress focusses on collaborations

Leading heavy oil experts gathered at the Oman Convention and Exhibition Centre (OCEC) for the 10th annual World Heavy Oil Congress and Exhibition (WHOC)...
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Oil and gas firms collaborate on Omanisation

Four major oil and gas companies in the Sultanate have joined forces to boost the level of Omanisation in key maintenance work on their...
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November 2019 Oman crude cargo sold at OSP +$0.18

The Ministry of Oil and Gas (MOG) has sold a cargo of Oman blend crude via DME Auctions for a high premium above the...
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Saudi Aramco mulling two-stage IPO, might choose Tokyo for phase two

The state-owned Saudi Aramco might be considering a two-stage initial public offering (IPO) with a domestic debut and a subsequent international listing possibly in...
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New floating LNG import terminal on India’s east coast by 2022

India’s sixth LNG import facility will be a floating terminal with a 1.0 million mt/year capacity on its eastern coast, at the port city...
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Petrofac awarded UK North Sea contract by Hess

Petrofac has been awarded a contract of an undisclosed value by Hess, a leading independent energy company, for the well-plugging and abandonment of four...
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Global collaborations to be key focus of World Heavy oil Congress...

Oman is all set to place host to the 10thannual World Heavy Oil Congress & Exhibition (WHOC) starting Sept. 2, 2019. The congress, which...
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