Here is a brief overview of the week’s news on Oil Review Middle East, from 5th November - 9th November 2017
KBR awarded contract for engineering support services for Al Hosn joint venture
KBR has been awarded a contract to provide engineering support services for operations for Abu Dhabi Gas Development Company (Al Hosn Gas), which is a 60/40 joint venture of Abu Dhabi National Oil Company (ADNOC) and Occidental of Abu Dhabi Ltd (Oxy). Click here to read the full story.
Rosneft and NIOC look to cooperate on Iran projects worth US$30bn
Russian oil producer Rosneft and Itran's National Iranian Oil Company (NIOC) have signed a road map for strategic cooperation in oil and gas projects in Iran, which Rosneft’s chief executive Igor Sechin said will involve a total of US$30bn of investments. Click here to read the full story.
Challenges and opportunities in focus at ADIPEC 2017
Transformation, diversification and evolution will be top keywords at ADIPEC, as the industry readies itself for future challenges and opportunities. Click here to read the full story.
ADNOC Group company issues a US$3bn bond
The Abu Dhabi National Oil Company (ADNOC) has announced the issuance and closing of a US$3bn bond, one of the largest non-sovereign bond offerings in the Middle East, highlighting the proactive and flexible management of ADNOC’s portfolio of assets and capital structure. Click here to read the full story.
Digitalisation set to transform global energy system
Digital technologies are set to transform the global energy system in coming decades, making it more connected, reliable and sustainable, according to a new report by the International Energy Agency’s (IEA) Digitalisation and Energy. Click here to read the full story.
The changing dynamics in LNG and the impact on planning
The LNG industry is changing across the globe, according to Dennis Ostendorf, business unit director for oil and gas at Quintiq Applications. Click here to read the full story.
Bob Reid joins Belltree as non-executive director
Edinburgh-based oil and gas consultancy Belltree has announced the appointment of Bob Reid as its non-executive director. Click here to read the full story.
Gulf states need to add value to their oil wealth: Equate CEO
GCC states need to increase their investment in value-added oil and gas processing to support sustainable and long-term economic growth, according to Mohammad Husain, president and CEO of Equate Group at the onset of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), to be held from 13-16 November 2017. Click here to read the full story.
Durably identify pipes in any facility anywhere
Pipe markers show important information when and where it matters. They can make a plant visually compliant and dramatically increase the safety of both employees and contractors. Click here to read the full story.
Elfab to display its pressure relief products during ADIPEC 2017
Elfab Ltd has announced to exhibit a range of technically advanced pressure relief products and services at ADIPEC, to be held from 13-16 November 2017. Click here to read the full story.
Chinese companies looks for big business in the Middle East
Major Chinese companies will be present at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), which is going to be held from 13-16 November 2017, as they look to secure an increasing share of global resources and markets. Click here to read the full story.
Rockwell Automation to showcase ConnectedProduction solutions at ADIPEC
Rockwell Automation will showcase its Digital Oilfield and ConnectedProductionTM solutions for increased profitability in the oil and gas sector at ADIPEC, to take place from 13-16 November in Abu Dhabi. Click here to read the full story.
Stauff Group looks to grow its Middle East business
Stauff Group, developer and manufacturer of line components and hydraulic accessories for machine and plant engineering, is looking forward to further expansion in the Middle East. Click here to read the full story.
GTT receives order to design LNG fuel tanks for nine biggest container ships
Hudong-Zhonghua Shipbuilding, member of China state shipbuilding corporation conglomerate, and CMA CGM, a French container transportation and shipping company, have selected engineering company GTT, for the design of cryogenic tanks for nine LNG-fuelled container ships. Click here to read the full story.
