Industry

GE and MODON sign oil and gas facility agreement in Saudi Arabia

gas facility saudi-fairbanksmike flickrGE has signed a 74,000 sq m land lease agreement with the Saudi Industrial Property Authority (MODON) for an oil and gas manufacturing facility in Dammam

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Talisman Energy to sell stake in Kurdistan Region of Iraq oil block

oilfield kri-nick taylor flickrCanada’s Talisman Energy has announced that it is in talks to sell a stake in its operations in an oil-producing block in the Kurdistan Region of Iraq

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Libya’s Marsa al-Hariga port ‘to reopen soon’

libya port-arnet117 flickrLibya’s energy committee has announced that the eastern oil port of Marsa al-Hariga is likely to reopen by the end of this month

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Oxy seeks buyers for its Middle East oil and gas assets

oxy optOccidental Petroleum Corporation (Oxy) has announced that it has plans to sell a 30 per cent to 40 per cent stake in its Middle East oil and gas operations as part of a broader plan to split up the company

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Qatar’s crude output ‘to reach 800,000 bpd by 2017’

barrel qatar-chrisbulle flickrQatar’s crude oil production will rise to 800,000 bpd by 2017 due to higher investments and development plans in the country, according to a Qatar National Bank (QNB) report

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