Iraq US$53bn energy deal with Exxon Mobil Corporation and PetroChina will strengthen the government’s fiscal status, Moody’s Investors Service new report revealed
Petrochemicals
KBR wins FEED contract for Oman LNG’s debottlenecking project
Engineering firm KBR has announced that it has been awarded a front end engineering design (FEED) contract by Oman LNG L.L.C for the debottlenecking of their facility at Sur in Oman
Uniper loads largest-ever tanker of low sulphur fuel oil in Fujairah
Uniper Energy DMCC has loaded the largest-ever cargo of low sulphur fuel oil for delivery to Asian customers in Fujairah ahead of the implementation of the IMO 2020 rule compelling all ship-owners to reduce the sulphur content of their bunker fuel
ADNOC, ExxonMobil plan collaboration as US$30bn UAE project progresses
ADNOC Minister of State and Group CEO Sultan Ahmed Al Jaber and ExxonMobil Chairman and CEO Darren W. Woods met to explore new opportunities for collaboration in the upstream and downstream sectors
Rystad Energy ranks cheapest sources of supply in the oil industry
Rystad Energy has ranked the cheapest sources of supply in the oil industry, with North American tight oil emerging as the second cheapest source of new oil volumes globally, according to Rystad Energy’s cost of supply curve update