Saudi Aramco has declared that its oil production reached record levels in 2012 as global demand surged
Industry
KNPC signs sulphur refinery upgradation deal with Daelim Industrial
Kuwait National Petroleum Company (KNPC) has signed a US$514mn contract with South Korea’s Daelim Industrial for the repair and expansion of sulphur processing facilities at its Mina Al Ahmadi refinery
Sohar Refinery expansion contract set to be awarded
The US$1.5bn engineering, procurement and construction (EPC) contract for expansion of Oman’s Sohar Refinery will be awarded within a few months, industry sources have announced
Qatar's condensate production hit 900,000 bpd in 2012
Qatar’s condensate production reached up to 900,000 bpd in 2012 due to the increased extraction of gas through various projects at the North Field, a Qatar National Bank (QNB) report has announced
Horizon Terminals to open Fujairah oil facility by end of May
Horizon Terminals Limited (HTL), a subsidiary of Emirates National Oil Company (ENOC), is set to commission a new oil terminal in Fujairah by end of this month