Saudi Aramco has forecast that the kingdoms daily energy demand will reach an equivalent of 8.3mn barrels by 2028, more than double the 3.4mn barrels equivalent in 2009.
Industry
McDermott opens Saudi office in partnership with Shoaibi
McDermott International is expanding its presence in Saudi Arabia with the creation of McDermott Arabia Engineering in partnership with Shoaibi Group.
Aramco to expand overseas petrochemical operations
Saudi Aramco has announced plans to expand its petrochemical operations to Indonesia, Vietnam and other countries.
Iraq postpones fourth energy bidding round
Iraq has postponed its fourth energy bidding round to March 7th-8th next year when it will award contracts for gas and oil exploration in 12 new blocs, an Oil Ministry official said.
GTSC opens IADC accredited training centre in Iraq
Gulf Technical & Safety Training Centre (GTSC), one of the largest Technical & Safety Training centres in the Middle East, has opened a new facility in Erbil, North Iraq, in order to provide courses for oil and gas professionals working in the region.