Industry

McDermott wins two Saudi Aramco contracts

Karan-gas-fieldUS-based engineering group McDermott has been awarded two contracts from Saudi Aramco for projects on the Karan, Safaniya and Zuluf fields in the Gulf

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Dragon Oil to bid for Afghan oil, gas deals

oil afghan-mono bustos sxc.huDragon Oil, 51 per cent controlled by Dubai’s Emirates National Oil Company Limited (ENOC), has made a bid for oil rights in Afghanistan

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Oil exports to restart from Yemen province

Yemen-productionOil exports from Yemen’s Maarib province have been scheduled to restart next week after violence forced shipments to stop for more than a year, the country’s oil minister has said

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Saudi Aramco launches subsidiary for tech ventures

Saudi_Aramco_HeadquartersSaudi Arabian Oil Company (Saudi Aramco) has launched its wholly-owned corporate venturing subsidiary Saudi Aramco Energy Ventures LLC (SAEV)

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KSA counters Iran Hormuz threat by reopening Iraq pipeline

Pipeline01Saudi Arabia has reopened an old oil pipeline in order to bypass Gulf shipping lanes after Iran threatened to block the Strait of Hormuz in retaliation to US and European sanctions

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