Total signs Fujairah storage deal

French oil giant Total has signed a deal to lease fuel storage at the UAE port of Fujairah as it seeks to expand its fuel oil business into East Africa, Reuters has reported citing trading sources. The lease was signed by Total’s international trading arm Totsa to take between 75,000-100,000 cubic metres of storage for […]

Stock Trkr
Total signs Fujairah storage deal

French oil giant Total has signed a deal to lease fuel storage at the UAE port of Fujairah as it seeks to expand its fuel oil business into East Africa, Reuters has reported citing trading sources. The lease was signed by Total’s international trading arm Totsa to take between 75,000-100,000 cubic metres of storage for […]

Stock Trkr
Mubadala denies Iran import rumours

Mubadala Development Co. has denied that it is holding talks with the National Iranian Oil Co. to import gas to the UAE. ‘Neither Mubadala nor any of its subsidiaries is involved in discussions with the National Iranian Oil Co.,’ Mubadala has said. Iran’s state-run Mehr news agency has reported that Mubadala had offered to import […]

Stock Trkr
Mubadala denies Iran import rumours

Mubadala Development Co. has denied that it is holding talks with the National Iranian Oil Co. to import gas to the UAE. ‘Neither Mubadala nor any of its subsidiaries is involved in discussions with the National Iranian Oil Co.,’ Mubadala has said. Iran’s state-run Mehr news agency has reported that Mubadala had offered to import […]

Stock Trkr
Mubadala denies Iran import rumours

Mubadala Development Co. has denied that it is holding talks with the National Iranian Oil Co. to import gas to the UAE. ‘Neither Mubadala nor any of its subsidiaries is involved in discussions with the National Iranian Oil Co.,’ Mubadala has said. Iran’s state-run Mehr news agency has reported that Mubadala had offered to import […]

Stock Trkr
Mubadala denies Iran import rumours

Mubadala Development Co. has denied that it is holding talks with the National Iranian Oil Co. to import gas to the UAE. ‘Neither Mubadala nor any of its subsidiaries is involved in discussions with the National Iranian Oil Co.,’ Mubadala has said. Iran’s state-run Mehr news agency has reported that Mubadala had offered to import […]

Stock Trkr
Aramco opens data streaming centre

Saudi Aramco has announced the launch of its high-tech Engineering Solutions Centre (ESC), the Arab News has reported. The ESC allows real-time data to stream from the plant to engineers and other experts using the latest visualisation technologies, Aramco has said. The ESC centre, located in Aramco’s headquarters in Dhahran, is a prototype of a […]

Stock Trkr
Aramco opens data streaming centre

Saudi Aramco has announced the launch of its high-tech Engineering Solutions Centre (ESC), the Arab News has reported. The ESC allows real-time data to stream from the plant to engineers and other experts using the latest visualisation technologies, Aramco has said. The ESC centre, located in Aramco’s headquarters in Dhahran, is a prototype of a […]

Stock Trkr
Aramco opens data streaming centre

Saudi Aramco has announced the launch of its high-tech Engineering Solutions Centre (ESC), the Arab News has reported. The ESC allows real-time data to stream from the plant to engineers and other experts using the latest visualisation technologies, Aramco has said. The ESC centre, located in Aramco’s headquarters in Dhahran, is a prototype of a […]

Stock Trkr
Aramco opens data streaming centre

Saudi Aramco has announced the launch of its high-tech Engineering Solutions Centre (ESC), the Arab News has reported. The ESC allows real-time data to stream from the plant to engineers and other experts using the latest visualisation technologies, Aramco has said. The ESC centre, located in Aramco’s headquarters in Dhahran, is a prototype of a […]

Stock Trkr
Dragon Oil posts 37% profit fall

Dubai-based Dragon Oil has reported a 37% drop in profits to $105m (Dhs385m) for the first half of the year, compared to $166.9m for the first half of last year, The National has reported. Revenue also fell 29% to $263.5m from $373.5m. The company has attributed the fall to lower oil and gas prices and […]

Stock Trkr
Dragon Oil posts 37% profit fall

Dubai-based Dragon Oil has reported a 37% drop in profits to $105m (Dhs385m) for the first half of the year, compared to $166.9m for the first half of last year, The National has reported. Revenue also fell 29% to $263.5m from $373.5m. The company has attributed the fall to lower oil and gas prices and […]

Stock Trkr
Dragon Oil posts 37% profit fall

Dubai-based Dragon Oil has reported a 37% drop in profits to $105m (Dhs385m) for the first half of the year, compared to $166.9m for the first half of last year, The National has reported. Revenue also fell 29% to $263.5m from $373.5m. The company has attributed the fall to lower oil and gas prices and […]

Stock Trkr
Dragon Oil posts 37% profit fall

Dubai-based Dragon Oil has reported a 37% drop in profits to $105m (Dhs385m) for the first half of the year, compared to $166.9m for the first half of last year, The National has reported. Revenue also fell 29% to $263.5m from $373.5m. The company has attributed the fall to lower oil and gas prices and […]

Stock Trkr
Egypt inks $2.3bn exploration deals

The Egyptian Oil Ministry has announced the signing of six agreements to explore for oil and natural gas with BP Plc and IEOC, a unit of Italy’s Eni SpA, Bloomberg has reported. The $2.3bn agreements aim to explore for oil and gas in the Eastern Desert, the Nile Delta, the Gulf of Suez and the […]

Stock Trkr
Egypt inks $2.3bn exploration deals

The Egyptian Oil Ministry has announced the signing of six agreements to explore for oil and natural gas with BP Plc and IEOC, a unit of Italy’s Eni SpA, Bloomberg has reported. The $2.3bn agreements aim to explore for oil and gas in the Eastern Desert, the Nile Delta, the Gulf of Suez and the […]

Stock Trkr
Egypt inks $2.3bn exploration deals

The Egyptian Oil Ministry has announced the signing of six agreements to explore for oil and natural gas with BP Plc and IEOC, a unit of Italy’s Eni SpA, Bloomberg has reported. The $2.3bn agreements aim to explore for oil and gas in the Eastern Desert, the Nile Delta, the Gulf of Suez and the […]

Stock Trkr
Egypt inks $2.3bn exploration deals

The Egyptian Oil Ministry has announced the signing of six agreements to explore for oil and natural gas with BP Plc and IEOC, a unit of Italy’s Eni SpA, Bloomberg has reported. The $2.3bn agreements aim to explore for oil and gas in the Eastern Desert, the Nile Delta, the Gulf of Suez and the […]

Stock Trkr
Kuwait Energy uncovers fourth Egypt field

Kuwait Energy Company (KEC), has announced the discovery of a new oil field, Al Zahraa, in East Ras Qattara in the Western Desert, Egypt, with a daily production rate of 2,615 barrels of oil. This is KEC’s fourth discovery in Egypt since the start of its exploration program in the country in 2006. KEC’s share […]

Stock Trkr
Kuwait Energy uncovers fourth Egypt field

Kuwait Energy Company (KEC), has announced the discovery of a new oil field, Al Zahraa, in East Ras Qattara in the Western Desert, Egypt, with a daily production rate of 2,615 barrels of oil. This is KEC’s fourth discovery in Egypt since the start of its exploration program in the country in 2006. KEC’s share […]

Stock Trkr
Kuwait Energy uncovers fourth Egypt field

Kuwait Energy Company (KEC), has announced the discovery of a new oil field, Al Zahraa, in East Ras Qattara in the Western Desert, Egypt, with a daily production rate of 2,615 barrels of oil. This is KEC’s fourth discovery in Egypt since the start of its exploration program in the country in 2006. KEC’s share […]

Stock Trkr
Kuwait Energy uncovers fourth Egypt field

Kuwait Energy Company (KEC), has announced the discovery of a new oil field, Al Zahraa, in East Ras Qattara in the Western Desert, Egypt, with a daily production rate of 2,615 barrels of oil. This is KEC’s fourth discovery in Egypt since the start of its exploration program in the country in 2006. KEC’s share […]

Stock Trkr
Oman raises June oil production

Oman’s Oil and Gas Ministry has said the Sultanate has succeeded in raising its oil production to 807,000 barrels a day in June in line with the 2009 general budget estimates, Kuna has reported. Reports have showed that Oman’s oil production jumped from 784,000 barrels a day in April to 803,000 barrels a day in […]

Stock Trkr
Oman raises June oil production

Oman’s Oil and Gas Ministry has said the Sultanate has succeeded in raising its oil production to 807,000 barrels a day in June in line with the 2009 general budget estimates, Kuna has reported. Reports have showed that Oman’s oil production jumped from 784,000 barrels a day in April to 803,000 barrels a day in […]

Stock Trkr
Oman raises June oil production

Oman’s Oil and Gas Ministry has said the Sultanate has succeeded in raising its oil production to 807,000 barrels a day in June in line with the 2009 general budget estimates, Kuna has reported. Reports have showed that Oman’s oil production jumped from 784,000 barrels a day in April to 803,000 barrels a day in […]

Stock Trkr
Oman raises June oil production

Oman’s Oil and Gas Ministry has said the Sultanate has succeeded in raising its oil production to 807,000 barrels a day in June in line with the 2009 general budget estimates, Kuna has reported. Reports have showed that Oman’s oil production jumped from 784,000 barrels a day in April to 803,000 barrels a day in […]

Stock Trkr
Aramco floats jack-up rig tender

Saudi Aramco has floated a tender for the construction of newbuild jack-up rig, according to the Saudi Gazette. The rig will be built according to KFELS B Class design, the PPL Pacific Class 375 or one of the LeTourneau designs, but will be equipped with larger deck space than the standard jack-up, according to a […]

Stock Trkr
Aramco floats jack-up rig tender

Saudi Aramco has floated a tender for the construction of newbuild jack-up rig, according to the Saudi Gazette. The rig will be built according to KFELS B Class design, the PPL Pacific Class 375 or one of the LeTourneau designs, but will be equipped with larger deck space than the standard jack-up, according to a […]

Stock Trkr
Aramco floats jack-up rig tender

Saudi Aramco has floated a tender for the construction of newbuild jack-up rig, according to the Saudi Gazette. The rig will be built according to KFELS B Class design, the PPL Pacific Class 375 or one of the LeTourneau designs, but will be equipped with larger deck space than the standard jack-up, according to a […]

Stock Trkr
Aramco floats jack-up rig tender

Saudi Aramco has floated a tender for the construction of newbuild jack-up rig, according to the Saudi Gazette. The rig will be built according to KFELS B Class design, the PPL Pacific Class 375 or one of the LeTourneau designs, but will be equipped with larger deck space than the standard jack-up, according to a […]

Stock Trkr