Gulf of Oman
Oman and Iran signed gas pipeline Heads of Agreement During a Royal visit of Oman’s Sultan Qaboos bin Said to Iran President Hassan Rouhani in April, the two countries signed a Heads of Agreement (HoA) for the construction of a natural gas pipeline across the Gulf of Oman. The discussions between Oman and Iran for […]
Emirates LNG to replace FSRU by land-based terminal The Abu Dhabi-based companies Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) have decided to stop the just starting first phase of the Emirates LNG project in Fujairah, United Arab Emirates (UAE), to rethink the whole concept of this liquefied natural gas (LNG) import and […]
Oman Oil and IPIC to award Duqm Refinery FEED soon The national Oman Oil Company (Oman Oil or OOC) and the Abu Dhabi sovereign founds International Petroleum Investment Company (IPIC) are reaching the final evaluation stage of the commercial and technical bids submitted by international engineering companies to carry out the front end engineering and […]
IPIC qualified bidders for Fujairah Refinery Phase-1 The Abu Dhabi-based International Petroleum Investment Company (IPIC) is preparing the call for tender for the engineering, procurement and construction (EPC) contract of the Fujairah Refinery Phase-1 in the United Arab Emirates (UAE). Established in 1984 by Abu Dhabi Government , IPIC has the mission to support energy projects outside […]
UAE Key Projects and Business Highlights In the United Arab Emirates, 2012 is some kind of a transition year with the development of midstream projects in Fujairah and the bid preparation of large projects upstream and downstream. With the completion of Habshan – Fujairah export pipeline, Abu Dhabi Company for Onshore Oil Operations (Adco) will […]
Abu Dhabi converts Fujairah into oil and gas hub The Abu Dhabi investment funds International Petroleum Investment Company (IPIC) and Mubadala Development Company (Mubadala) are leading more than $10 billion capital expenditure into midstream and downstream projects in Fujairah. With direct access to the Gulf of Oman, Fujairah occupies a strategic position for Abu Dhabi […]
Fujairah refinery, a strategic project for the UAE International Petroleum Investment Company (IPIC) is moving ahead with the crude oil refinery project to be located at Fujairah, UAE. The Fujairah refinery, should have a capacity of 10.0 million t/y or 200,000 b/d. IPIC estimated the capital expenditure at $ 3 billion. The Fujairah refinery project should be […]
