Gulf Marine Services Saudi Arabia (GMSSA) has been awarded a three-year contract to support rigless well intervention on a Saudi Arabia offshore project
Petrochemicals
Technip wins EPC contract for petrochemical project in Saudi Arabia
Al-Jubail Petrochemical Company (KEMYA) has awarded French engineering firm Technip an engineering, procurement and construction (EPC) contract for an elastomer facility, located in Jubail Industrial City, Saudi Arabia
Abu Dhabi inaugurates new oil pipeline
Abu Dhabi has started exporting its first crude from the Habshan-Fujairah pipeline that bypasses the Strait of Hormuz, shipping the fuel to a refinery in Pakistan
DNO pulls out offer to acquire Calvalley Petroleum
Norwegian oil and gas company, DNO International, has announced that it has decided not to proceed with its proposed all-cash takeover of Calvalley Petroleum Inc
OPEC crude oil output down slightly in June
OPEC members saw their crude oil production drop slightly in June, possibly due to lower output in Saudi Arabia and international sanctions against Iran