Circle Oils new Sebou (DRJ)-Kenitra pipeline and associated infrastructure for its Rharb Basin permits in Morocco has been successfully completed within budget.
Exploration & Production
Oman oil output surges
Oman pumped nearly 894,000 bpd of oil in December which was seven per cent higher than the November production and more than 100,000 bpd higher than the output two years ago.
Aramco and Sinopec sign US$10 billion refinery deal
Saudi Aramco signed a deal with Chinas Sinopec to build a 400,000 bpd oil refinery in Yanbu, on the kingdoms Red Sea coast.
Genel to upgrade Tawke plant and pipeline
Genel Energy will embark on a plant and pipeline upgrade of the Tawke oilfield following a significant increase in the gross reserves of the field.
UAE oil export pipeline to be ready in six months
UAE Oil Minister Mohamed Bin Dhaen Al Hamli stated that the oil pipeline that will allow the country to export oil via Fujairah should be operational within six months.
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