Exploration & Production

Aramco and Sinopec sign US$10 billion refinery deal

Aramco_Sinopec_1Saudi Aramco signed a deal with China's Sinopec to build a 400,000 bpd oil refinery in Yanbu, on the kingdom's Red Sea coast.

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Genel to upgrade Tawke plant and pipeline

Genel_TawkeGenel Energy will embark on a plant and pipeline upgrade of the Tawke oilfield following a significant increase in the gross reserves of the field.

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UAE oil export pipeline to be ready in six months

UAE_pipelineUAE Oil Minister Mohamed Bin Dhaen Al Hamli stated that the oil pipeline that will allow the country to export oil via Fujairah should be operational within six months.

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NPCC bags EPC contract in India

India's Oil and Natural Gas Corp (ONGC) has awarded National Petroleum Construction Company (NPCC) a US$150.6mn contract for the engineering, procurement and construction (EPC) of Platforms 14 and 16 in the Mumbai High FieldIndia's Oil and Natural Gas Corp (ONGC) has awarded National Petroleum Construction Company (NPCC) a US$150.6mn contract for the engineering, procurement and construction (EPC) of Platforms 14 and 16 in the Mumbai High Field.

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Iran awards drilling contract to Global Petrotech

Iran_GlobalIran's Oil Ministry awarded Global Petrotech Company a contract to drill two appraisal wells in the South Pars oil layer.

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