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Oil Review Middle East weekly digest - 13th August - 17th August

Event News

Here is a brief overview of the week’s news on Oil Review Middle East, from 13th August - 17th August

Shell complete SADAF chemicals sale in KSA to SABIC for US$820mn 

Shell has completed the sale of its 50 per cent share in SADAF, the petrochemicals joint venture, located in Al Jubail, in the Kingdom of Saudi Arabia to SABIC for US$820 million. Click here to read the full story.

Packers Plus and BP Oman achieve operational efficiencies in HPHT wells 

Packers Plus Energy Services Inc. has announced recent developments with BP Oman Exploration (Epsilon) Ltd. Collaborations include development of a customised completion system, successful installation and subsequent stimulation of two high pressure/high temperature (HPHT) wells in Oman's Khazzan field. Click here to read the full story

Emerson launches drilling jar clamp for increased safety and well integrity 

Emerson Automation Solutions has launched the latest product within its polymer completions solutions range – the PolyOil® JAR Handling Clamp – for increased safety and well integrity. Click here to read the full story

Visuray introduces the VR90s advanced diagnostic tool for well inspection 

Following the successful launch of the VR90 downhole X-ray diagnostic tool in 2015, Visuray has developed an improved version of the tool known as the VR90s advanced diagnostic tool. Click here to read the full story

Sadara, the world’s largest chemicals complex built in a single phase, commemorates commissioning of all 26 plants 

Commissioning of its last plant, the region’s first isocyanates facility, marks milestone achievement for the massive chemicals complex. Click here to read the full story

Baker Hughes GE releases field-proven coiled tubing simulation software 

Baker Hughes, a GE company, has announced the introduction of its CIRCA™ coiled tubing simulation software, which enables coiled tubing service providers to maximise equipment performance and improve operational efficiency in well interventions. Click here to read the full story

SPX Flow and WTE Wajdi Group sign JV agreement for mechanical equipment service centre in Southern Iraq 

This new service centre will serve Iraq’s “super giant” oil fields for the years to come. Click here to read the full story.

Westwood: Downstream maintenance expenditure returns to growth 

In the most recent edition of Westwood’s World Downstream Maintenance Market Forecast 2018-2022, Douglas Westwood have highlighted significant price pressure during the oil price downturn has heavily impacted the downstream maintenance market. Click here to read the full story.