Oil news
Reliance and BP in upstream and midstream Alliance On August 7th, 2012, BP and Reliance Industries Ltd (RIL) received from the India Oil Ministry the conditional approval for the production compensation of the declining offshore KG-D6 gas field. This decision was accelerated after three years of discussions in front of the depletion speed the matured […]
Shell ramps up upstream activities toward Turkey 2023 In November 2011, Shell and Turkish Petroleum Corporation (TPAO) signed a joint operating agreement to initiate exploration and production onshore and offshore Turkey oil and gas fields. In this agreement Shell and TPAO are considering the development of conventional and unconventional resources. Focusing originally on the Mediterranean […]
Powering Possibilities The Saudi Arabian Oil Company (Saudi Aramco), the state-owned oil company of the Kingdom of Saudi Arabia is headquartered in Dhahran. Saudi Aramco ranks first among oil companies worldwide in terms of: – Crude oil production and exports – Natural gas liquids (NGL) exports, and are among the leading producers of natural gas. As […]
Saudi Aramco to award Clean Fuel project at year end In April 2011, Saudi Aramco had selected Foster Wheeler and A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., (SOFCON) for the Front End Engineering and Design (FEED) of the Riyadh Refinery Clean Transportation Fuel project. In parallel of the FEED contract, Foster Wheeler and SOFCON had been awarded the Project […]
Jizan refinery EPC bids deadline closed on Sept 15th Saudi Aramco is willing to proceed now without further delay with the $7 billion Jazan refinery project. Also called Jizan, the Jazan refinery is the master piece of Saudi Arabia Jazan scheme. To develop the economy and wealth in southern Saudi Arabia, close to the Yemen border, […]
We are BP BP p.l.c. (BP) is one of the world’s leading international oil and gas companies, based in London, UK listed in London(£), in NYSE($) and in Frankfort Stock Exchanges(€) BP is providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items. BP is operating […]
Adma-Opco evaluates bids for Umm al Lulu EPC-1, Umm al Lulu EPC-2, Sarb EPC-3 and Sarb EPC-4 Abu Dhabi Marine Operating Company (Adma-Opco), a subsidiary of Abu Dhabi National Oil Company (ADNOC) is working on commercial bid for the development of the Umm al Lulu and Satah al Rasboot (Sarb) offshore oil and gas fields. In Abu Dhabi, Adma-Opco is the national […]
Dow to increase customer focus and reduce costs Last July, The Dow Chemical Company (Dow) reported 31% tumbled earnings for the second quarter 2012 as the consequence of the global slowdown of the demand and depressed prices on global markets. Less than two months later Dow is publishing its new global organization to restore earnings […]
