The sale of the first commercial shipment of base oil from the Pearl gas-to-liquids (GTL) plant was completed, according to Qatar Petroleum (QP) and Shell.
Exploration & Production
Fluor awarded offshore contract in Abu Dhabi
Adma-Opco awarded Fluor Corporation a front-end engineering and design (Feed) contract to develop new offshore facilities in Abu Dhabi.
TAQA invests US$ 45.7mn in WesternZagros shares
TAQA has made a strategic investment by purchasing 74mn common shares of WesternZagros worth US$ 45.7mn through private placement which gives TAQA 19.9per cent stake in the company.
IEA and OPEC cut oil demand forecasts for 2011 and 2012
The International Energy Agency (IEA) and OPEC have cut growth estimates for oil demand in 2011 and 2012 as global economic conditions worsen.
BP postpones Oman investment decision to 2013
BP will make a final decision on whether to go ahead with a potential US$15 billion investment in Omans Khazzan tight gas project in February 2013, Jonathan Evans, general manager of BP Oman said recently.
More Articles …
