webvic-b

Oil Review Middle East weekly digest - 2nd - 7th September

Event News

Here is a brief overview of the week’s news on Oil Review Middle East, from 2nd - 7th September 2017

Protecting maritime assets from corrosion 

Transportation, energy production, navigation, national security—these sectors are dependent on safe, secure maritime resources. Click here to read the full story

CEOs to be recognised for connecting New Silk Road energy markets 

Eelco Hoekstra, CEO of Royal Vopak, which is the largest international oil storage terminal operator in China, Singapore, and Fujairah, will head a group of industry leaders to be recognized for their respective companies’ pioneering work in connecting the energy markets of the Middle East and Asia. Click here to read the full story

Siemens Topsides 4.0 digital lifecycle solutions to assist with optimising offshore production 

Siemens is utilising its digitalisation knowledge and experience and applying it to the oil and gas production industry with its Topsides 4.0 solution. Click here to read the full story

ABB Ability offers granular insight into oil, gas and chemical processes 

Using its digital backbone, ABB AbilityTM, ABB is launching an enterprise-wide deep dive into a facilities data, presenting a common view of analytics available to CEO-level executives through to maintenance teams on production sites. Click here to read the full story

Ampelmann celebrates 10 years of safe offshore transfers 

The global provider in offshore access solutions Ampelmann will celebrate its 10 year anniversary on 6 September 2017, at SPE Offshore Europe in Aberdeen, which will be held from 5-8 September 2017. Click here to read the full story. 

Sulzer acquires license for Total’s wash tank technology for oil processing 

Sulzer’s Chemtech division has been granted a license covering the Total-patented wash tank technology for oil processing, which aims to enable Sulzer to enhance the removal of water, salt and contaminants from oil and emulsions. Click here to read the full story.

World energy demand to plateau from 2030, says DNV GL 

Energy efficiency will improve faster than global economic growth due to the rapid electrification of the world’s energy system, leading to a plateau in energy demand from 2030, according to DNV GL’s inaugural Energy Transition Outlook launched on 4 September 2017. Click here to read the full story

Total divests remaining 15 per cent stake in Gina Krog field in Norway to KUFPEC 

France’s energy giant Total SA has signed an agreement with Kuwait Foreign Petroleum Exploration Company (KUFPEC) to divest its remaining 15 per cent interest in the Gina Krog field in Norway. Click here to read the full story

Saudi Aramco re-explores Empty Quarter with new seismic technology 

Saudi Aramco is using new technologies to re-explore some areas of the Arabian dessert Empty Quarter, seeking to expanding oil and gas reserves prior to its initial public offering (IPO) which is scheduled to take place in late 2018. Click here to read the full story

China receives first cargo of Arabian crude oil from Saudi Aramco 

The China National Offshore Oil Corporation (Cnooc) has received first cargo of Arabian crude oil from Saudi Aramco at the Huizhou refinery in South China’s Guangdong province. Click here to read the full story

Dow and Saudi Aramco sign MoU to restructure ownership in Sadara 

Saudi Aramco has signed a MoU with the US multinational Dow Chemical Company that aims to set forth a process for Dow to acquire an additional 15 per cent ownership interest from Saudi Aramco in Sadara Chemical Company, a joint venture of the two companies. Click here to read the full story