Efficient cross-border pipeline networks are essential to reliably meet the growing global demand for energy
Industry
ADNOC, OCI announce new joint venture in nitrogen fertiliser
The Abu Dhabi National Oil Company (ADNOC) has announced a new strategic partnership with OCI, a producer and distributor of natural gas-based fertilisers and industrial chemicals, headquartered in the Netherlands
Oil tankers attacked in Gulf of Oman
Two oil tankers were attacked in the Gulf of Oman, about 56 NM east of Fujairah, sending global oil prices rising
USA cements its position as world leader in oil reserves
In its annual report of world recoverable oil resources, Rystad Energy finds that the USA holds 293bn barrels of recoverable oil resources, which is 20bn barrels more than Saudi Arabia and almost 100bn barrels more than Russia
Petrofac secures contract with Petroleum Development Oman
Petrofac, an oilfield service provider, has secured its third project under a 10-year framework agreement with Petroleum Development Oman (PDO) with the award of a procurement services project for the Mabrouk North East Pipe Procurement Project in Oman
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