Sharjah-based Dolphin Energy has said it would finish building a cross-country pipeline to pump gas from Qatar to the UAE’s east coast in the third quarter 2010, Reuters has reported. The pipeline would allow Dolphin to pump gas 240km (150 miles) to the emirate of Fujairah from the plant in Abu Dhabi’s Taweelah which receives […]
Sharjah-based Dolphin Energy has said it would finish building a cross-country pipeline to pump gas from Qatar to the UAE’s east coast in the third quarter 2010, Reuters has reported. The pipeline would allow Dolphin to pump gas 240km (150 miles) to the emirate of Fujairah from the plant in Abu Dhabi’s Taweelah which receives […]
Sharjah-based Dolphin Energy has said it would finish building a cross-country pipeline to pump gas from Qatar to the UAE’s east coast in the third quarter 2010, Reuters has reported. The pipeline would allow Dolphin to pump gas 240km (150 miles) to the emirate of Fujairah from the plant in Abu Dhabi’s Taweelah which receives […]
Sharjah-based Dolphin Energy has said it would finish building a cross-country pipeline to pump gas from Qatar to the UAE’s east coast in the third quarter 2010, Reuters has reported. The pipeline would allow Dolphin to pump gas 240km (150 miles) to the emirate of Fujairah from the plant in Abu Dhabi’s Taweelah which receives […]
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Sharjah-based Dolphin Energy has said it would finish building a cross-country pipeline to pump gas from Qatar to the UAE’s east coast in the third quarter 2010, Reuters has reported. The pipeline would allow Dolphin to pump gas 240km (150 miles) to the emirate of Fujairah from the plant in Abu Dhabi’s Taweelah which receives […]
GE Oil & Gas has been awarded a multi-million dollar, six-year contract to supply advanced pipeline integrity management services to Qatargas. The contract is to improve the monitoring and maintenance of the company’s liquid natural gas (LNG) network. Under the agreement, GE will build and deploy a custom pipeline integrity management system to drive Qatargas’ […]
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Presidential elections were held in Cyprus this Sunday with Conservative leader Nicos Anastasiades winning a majority of votes in the second round. The first round a week ago led to a run-off due to a lack of clear majority for any candidate. 66-year old Anastasiades who has been the leader of the Democratic Rally party […]
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 […]
Asian markets remained steady in Monday trading, with dollar holding onto gains after being boosted on Friday following strong US jobs numbers, adding optimism over recovery in the world’s largest economy. USDJPY opened in Asia at 95.96, hitting highs of 96.24 yen, where the pair hovered at close to Friday’s 3-1/2 year high. The dollar […]
Kuwait is planning to build eleven power and seven water projects by 2017 at a cost of KD5bn ($17.4bn), Meed has reported. The new facilities would add 14,260MW of power generation capacity and 506 million gallons a day of desalination capacity , which would more than double the countrys existing capacity of 12,779MW of power […]
Hamud Al-Zadjali, Governor of Oman’s central bank, has said that oil prices have risen to ‘a good level’ that will help the Sultanate implement its development plans, Reuters has reported. Oman is boosting oil production at a time when OPEC members, which supply about 40% of the world’s crude oil, have reined in output. Related […]
Iraq’s oil ministry spokesman has said that Iraq could miss a one-year deadline to strike a deal with Royal Dutch Shell for a $4bn gas production deal in southern Iraq, Gulf Daily News has reported. Negotiations between Iraq and the Anglo-Dutch firm ‘can be extended,’ nearly a year after Shell formally signed a gas joint […]
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Jordan Nuclear Regulatory Commission will sign an agreement with the Canadian Nuclear Safety Commission in the field of nuclear administrative procedures, the Jordan Times has reported. Under the agreement, the two sides will exchange information and expertise in the fields of nuclear energy administration and nuclear safety. The agreement also aims to boost Jordanian cadres’ […]
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We are glad to announce the successful completion of the XEMarkets F1 FX Demo Contest exclusively designed for our Malaysian clients. A large number of Malaysian traders and investors who registered for the F1 FX Demo Contest running between 15th February and 1st March 2013 grabbed the opportunity to test their trading skills and go […]
Iraq’s oil ministry has delayed its second oil and gas field bidding round until next January, Bloomberg has reported. Forty-five companies are qualified to bid in the auction for work on ten oilfields, originally scheduled for mid- December, the ministry said. Iraq seeks to boost its production capacity eventually to between 10 million and 12 […]
Abdulla Al Nuaimi, director of privatization at Abu Dhabi Water and Electricity Authority (Adwea) has said the authority will launch the tender for a giant power and desalination project aimed at helping meet soaring domestic electricity and water demand in Q1 2010, Dow Jones News has reported. The new complex, to be built and run […]
The euro rose to a session high of $1.3074 after satisfactory numbers from the Purchasing Managers’ Index (PMI). Germany showed the best improvement, with its services PMI remaining in expansion territory at 54.7, up from a previous 54.1 points and beating expectations. Germany accounts for about 30 percent of euro zone output so the data […]
Saudi Aramco has said completion of the Moneefa giant oilfield has been delayed by at least two years, Reuters has reported. The state-controlled firm has been developing its 900,000 barrels per day (bpd) heavy crude Moneefa project since 2006 with an anticipated completion date of 2013. Aramco had previously said Moneefa would compensate for declining […]
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Hussain Esmaiel, president of state-run Kuwait Petroleum International, has said that the country has revived talks with British Petroleum (BP) as a potential partner in a $9bn joint venture refinery it plans to build with China’s Sinopec Corp, Reuters has reported. ‘We understand that BP is interested with this project and location and BP has […]
Oman Oil Company (OOC) has said that it has bought 30% stake in block 18 and a 25% share in block 41 which are run by India-based Reliance Industries in the Gulf of Oman, Reuters has reported. Reliance, which operates the world’s largest refining complex, has said it has agreed to the deal in order […]
Jordan’s Samra Electric Power Generating Company has awarded Hanwha, a private South Korean company, to implement the Samra Simple Cycle Phase III Project for Electricity Generation, which aims to increase the kingdom’s electricity generating power, the Jordan Times has reported. The project involves setting up two gas turbine stations with a total generating capacity of […]
Saudi Aramco has awarded a contract to upgrade fuel plants to local firm M.S al-Suwaidi Industrial Services, Reuters has reported, citing two sources close to the deal. It involves upgrading 14 bulk plants in several regions of Saudi Arabia and aims to raise the storage capacity for gasoline, diesel and fuel oil. The value of […]
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Vietnam state oil monopoly, Petrovietnam, plans to award Kuwait Petroleum a licence to explore for oil and gas off the country’s coast, Reuters has reported. The oil company had proposed that the government award the offshore block 51 to KPC under a production-sharing contract. KPC already has two licences for two nearby blocks 19 and […]
