BP licenses its latest generation PTA technology in Turkey
BP and Socar Turkey Enerji AS have entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology
E&P
Meethaq signs agreement to finance oil and gas project in Oman
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has signed an Islamic project financing facility with Hydrocarbon Finder E&P LLC (HCF) for the development of HCF’s oil and gas fields in Block 7 of Oman
Japan’s INPEX wins 10 per cent oil stake in Abu Dhabi
The Abu Dhabi National Oil Company (ADNOC) has awarded 10 per cent interest in Abu Dhabi’s offshore Lower Zakum concession to Japan’s Inpex Corporation (INPEX)
GE and Noble launch world’s first digital rig
GE and Noble Corporation plc have launched the world’s first digital drilling vessel, aiming to achieve 20 per cent operational expenditure reduction across the targeted equipment and improve drilling efficiency
Energy co-operation is a win win opportunity – Egypt’s Minister of Petroleum
Egypt’s plans to become an energy hub will bring benefits to Egypt and the region as well as contributing to Europe’s energy security, according to HE Tarek El Molla, Egypt’s Minister of Petroleum and Mineral Resources
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