Features
Adnoc awards $3.6bn in deals

The award marks the first in a series of drilling-related procurement expenditures with an overall value of $15 billion that Adnoc plans to make Abu Dhabi National Oil Company (Adnoc) has announced the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement. The combined scope of the three contracts awarded is one of the world’s largest in this category, maximising value for Adnoc across its drilling value...

In Brief

Dewa to sponsor WECABU DHABI: Dubai Electricity and Water Authority (Dewa) said that it will be the...

Sulphur emissions curbs to drive LNG demand

Demand for liquefied natural gas (LNG) as a conventional source of energy in the maritime industry...

Zohr gas output hits 2.7 bcfd

Italy-based multinational oil and gas major Eni said that the production from Egypt’s Zohr field has...



XL Group strengthens senior management team

Global multi-disciplined technology and engineering company, XL Group, has strengthened its management team to support further expansion, following a period of continued growth. The Aberdeen head-quartered firm has created five new business development roles and appointed a new operations director. Mike Fergusson, currently business operations director, has been working alongside chief executive, Colin Laird, to deliver the group’s growth and acquisition strategies whilst managing the day to day...

Calendar of events

SEPTEMBER 20191 AD International DownstreamVenue: Abu Dhabi, United Arab EmiratesContact: Emma...

Tenders

BAHRAINProvision of manpower servicesTender no: RFP/Bapco/2019-541Description: This purchase...

Project-watch-UAE

http://www.oilandgasnewsworldwide.com/source/36/08/images/Project-watch-UAE.pdf...

Adnoc Offshore- Nasr Full Field Development - Phase 2

Name of Client  : Adnoc OffshoreRevised Budget : $800 millionFacility Type : Oil Field...

Aveva, Worley to deliver ERM

Aveva, a global leader in engineering and industrial software, today announced that Worley has...



Opec sees bearish 2019 oil outlook

Opec delivered a downbeat oil market outlook for the rest of 2019 as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an Opec-led pact to curb supply.In a monthly report, the Organization of the Petroleum Exporting Countries cut its forecast for global oil demand growth in 2019 by 40,000 barrels per day (bpd) to 1.10 mbpd and indicated the market will be in slight surplus in 2020.The bearish outlook due to slowing economies amid the US-...



Trafigura takes Frontline stake

Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675 million which will make the Geneva-based trading firm the group’s second biggest shareholder.Under the terms of the deal Trafigura will take an 8.5 per cent stake in Frontline valued at $128 million, and will receive a cash payment of between $538 million and $547 million.The agreement will allow Frontline, which is controlled by Norwegian-born billionaire John Fredriksen, to boost its...

Rosneft turns top trader

Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to...

US rig count declines

US energy firms this week cut the most oil rigs in about four months, with the rig count falling to...



Preventing H embrittlement in high-cycle pressure vessels

Haskel has developed a new technology that creates precompressive stress along the pressure vessel wall, eliminating the risk of leaks or ruptures due to HEE. Haskel’s technology shows great promise for the H -transport and pump industryTo mitigate the risk of hydrogen (H) embrittlement in high-cycle compressors and high-pressure storage, Haskel engineers developed a new technology that creates pre-compressive stress along the pressure vessel wall, eliminating the risk of leaks or ruptures...

Trelleborg receives a 185-tonne pressure vessel

Using advanced polymer material technology, Trelleborg’s offshore operation provides high integrity...

White paper outlines use of simulation technology

The paper entitled Impact of simulation technology on design and engineering of optimised strainers...

Pressure vessel market to make big profits

The major driver for the global pressure vessels market is the rising need for energy around the...



Taking on cooling challenges of refineries, chemical plants

Cooling towers are specialised heat exchangers that reduce the temperature of water by bringing it in contact with air. Water, which has been heated by an industrial process, is pumped to the cooling tower through pipesHeavy industrial applications such as manufacturing, chemical processing, and oil and gas refining utilise cooling towers and other equipment to cool the water integral to their operations. As environmental regulations and challenging market conditions place higher demands on...

mycon installs first ControlMaster system

ControlMaster receives all necessary information via corresponding sensors. Using a specially...

New evidence presents case for effective fouling removal

Tube Tech International Ltd, which has recently celebrated 30 years in business, has become a life-...

How to avoid the top 10 heat exchanger mistakes

With about 40 years of experience designing and installing heat exchangers, HRS Heat Exchangers...



Innovative solutions the EagleBurgmann way

Industrial equipment are subject to harsh conditions and the process must be uninterrupted to meet production goals, but one has to meet emission regulations and see that no leakage occurs, says BIJU CHACKO, senior sales director of EBKSAEagleBurgmann has always come up with innovative solutions for challenging applications even as companies the world over are constantly looking to increase productivity, efficiency, and performance. Industrial equipment are subject to harsh conditions and the...

New lease of life for boiler feed pumps offered

Sulzer has considerable expertise and experience in designing and manufacturing pump components as...

Corroserve to invest more

Corroserve has just announced further major investment in its Thermodynamic Pump Monitoring (TPM...

DeepStar selects Upwing-Mitsubishi

The Upwing and MHI engineers began work on the project in early June, and are scheduled to complete...

Weir’s SPM EXL frac pump has highest rod load rating

Weir engineered the SPM EXL Frac Pump to address major challenges operators currently face: the need...



Egypt plans to develop 11 gas projects worth $18bn

The ministry of petroleum aims to increase the productivity of the existing gas fields, complete the development of the discovered gas fields, and  accelerate the pace of work in order to put them on the production mapEgypt's ministry of petroleum aims to develop 11 gas projects in various concession areas until 2023 with investments estimated at $18 billion to compensate the natural decline rates and increase production.A source at the Egyptian Natural Gas Holding Company (EGAS) told Al...

BP to sell mature oil assets in Egypt to Dragon Oil

BP helped launch Egypt’s oil industry in Gulf of Suez more than 50 years ago and, together with the...



New investment model on way

Iraq would require the launch of new refinery projects, and subsequent investments into the downstream sector to build up the needed ecosystem and facilities to supply the nation with products including gasoline and gasoilEven as oil companies have earmarked a significant amount of capital to invest in areas of Iraq that have recently been liberated from the control of Islamic State militants, the country needs a new investment model for refineries, Oil Minister Thamer Ghadhban said at the Iraq...

Socar to buy Iraqi oil for STAR refinery

STAR plans to process 8 million tonnes of crude oil by the end of the year. As of next month, STAR...

Iraq has contingency plans in case Iran imports halted

The United States is urging Baghdad to sign energy deals with US companies, including a share for...

PPL spuds first international exploration well in Iraq

The block is located in Mesopotamian basin and it is surrounded by areas that have several large oil...

Iraq has enough capacity to meet customer needs

Baghdad would meet soon with authorities from the Kurdistan Regional Government to discuss issues...

Iraq turns attention to gas and NGL resources

As pressure on the industry grows to clean up its act, there is growing momentum in Iraq to cut...

Iran’s national oil company plans to open office in Iraq

Given that Iranian contractors do not have international certificates and licences, Iran is...

Iran to raise gas exports to Iraq despite US opposition

Iraq also relies on Iran for natural gas that generates as much as 45 per cent of its electricity...

Iraq signs $1.07 billion deal with Chinese company

The contract aims to process associated gas with capacity of around 300 mmscfd from Halfaya oilfield...

Dana Gas, Crescent Petroleum to increase Khor Mor output

The $700 million expansion underway at the Khor Mor plant will include the addition of two new...



HALO Maritime Defense Systems expands footprint

Having been working in the region for over five years, HALO offers waterfront security technology for a variety of oil and gas industry assets, onshore and offshore, naval ships and bases, ports, airports, power plants, and other critical infrastructureHALO Maritime Defense Systems, a world-leader in the manufacture of marine protection barriers, which currently has offices in Abu Dhabi and Bahrain, plans to open an office in Saudi Arabia this quarter. Having been working in the region for over...




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