OPEC crude oil output down slightly in June
OPEC members saw their crude oil production drop slightly in June, possibly due to lower output in Saudi Arabia and international sanctions against Iran
Petrochemicals
Petrofac awarded US$500 million EPC contract in Saudi Arabia
Oilfield services company Petrofac has won a US$500 million EPC contract on Saudi Arabia’s Rabigh II petrochemicals expansion project
DNO makes US$214 million offer to buy Calvalley Petroleum
Norwegian oil firm DNO made an unsolicited US$214 million all-cash offer to acquire Canada’s Calvalley Petroleum for US$2.25 per share
Shell and QP plan major gas complex development in Qatar
Shell and Qatar Petroleum (QP) have agreed to carry out the next project definition phase of front end engineering and design (FEED) for a major petrochemicals complex in Qatar’s Ras Laffan Industrial City (RLIC)
BP left out of Abu Dhabi oil field bid
BP has been excluded from the pre-qualification bidding process to develop Abu Dhabis largest onshore oil fields for which the concession is due to expire in 2014
More Articles …
