:: Abu Dhabi's big push
Posted: 28 August 2006
Abu Dhabi has completed projects to expand crude oil production capacity to nearly 2.8 million barrels per day and is pushing ahead with plans to reach four million bpd by 2010.

:: Geostrategic oil interests and the Gulf
Posted: 28 August 2006
Oil constitutes more than 90 percent of all transport fuels and 35 percent of the world's primary energy demand - no doubt, the world economy is addicted to oil and the Gulf countries have what everybody is longing for: They possess a breathtaking 61 percent of worldwide reserves and contribute 30 percent of production.

:: Contracts for the Pearl GTL announced
Posted: 28 August 2006
Shell's Pearl GTL project, set to be the world's largest integrated gas to liquids (GTL) complex, awarded multi-million dollar contracts last month.

:: Yanbu' refinery deals inked
Posted: 28 August 2006
Principals representing Saudi Aramco, ConocoPhillips and Kellogg Brown and Root (KBR) gathered in Houston recently to complete signing formalities signaling the start of front-end engineering for a new export refinery in Yanbu'.

:: Minor differences
Posted: 28 August 2006
Amidst the rig disputes, Iranian and Romanian presidents stressed the friendly ties between the two nations and expressed readiness to expand relations in all field, the official IRNA news agency reported Thursday.

:: Gasoline futures contract planned for Dubai
Posted: 28 August 2006
Dubai Multi-Commodities Centre says it is in the exploratory stages of developing a gasoline contract, to be traded on the Dubai Gold and Commodities Exchange in 2007.

:: Deals signed for Jubail refinery
Posted: 28 August 2006
A mere two months after signing a Memorandum of Understanding to develop the Jubail Export Refinery, Saudi Aramco and Total already have come together to sign the contract and get the ball rolling.

:: Saudi oil revenue to reach $203 billion
Posted: 28 August 2006
Saudi Arabia will reap record oil revenues of $203 billion this year, according to a report by the Saudi Arabian Bank (Samba). The figure is 25 per cent more than last year's total of $162 billion.

:: Dubai to develop $1 billion LNG storage facility
Posted: 28 August 2006
Two leading Government of Dubai entities - the Dubai Multi Commodities Centre (DMCC), and Techno Park - announced that they had tied up with LNG Impel (IMPEL) to develop a world class Liquefied Natural Gas (LNG) storage facility, to be located at Techno Park in Dubai, in the United Arab Emirates (UAE). The total cost of developing the storage facility is estimated to be $1 billion.

:: GE to upgrade solutions for the Middle east's oil and gas
Posted: 28 August 2006
General Electric's Oil & Gas business says it will provide innovative solutions for the oil processing and production sectors in the UAE and Kuwait.

:: Dolphin Offshore wins two diving contracts
Posted: 28 August 2006
Dolphin Offshore Enterprises India Ltd has been awarded two separate contracts for diving services.

:: Nabrajah-11 to be suspended for further testing
Posted: 28 August 2006
The testing of well Nabrajah-11 in Yemen is now completed and the well is being temporarily suspended. A maximum oil rate of 650 bopd was obtained during the test.

:: White Nile lifts first crude
Posted: 28 August 2006
White Nile (5B) Petroleum Operating Company Ltd (WNPOC), the operator of Block 5A, celebrates the first commercial lifting of crude oil produced from the Block's Thar Jath field in the south of Sudan.

:: How simulators are used by IMCA members
Posted: 28 August 2006
Although simulators are used for a variety of purposes, a survey of members of the International Marine Contractors Association (IMCA) reveals that their primary use is for training.

:: Helix acquires offshore assets from Chevron
Posted: 28 August 2006
Energy Resource Technology Inc., a subsidiary of Helix Energy Solutions, Houston, has acquired the Typhoon Field (Green Canyon Blocks 236/237), the Boris Field (Green Canyon Block 282) and the Little Burn Field (Green Canyon Block 238) from Chevron U.S.A. Inc., San Ramon, Calif., BHP Billiton, Melbourne, Australia, and Noble Energy Inc., Houston for an undisclosed amount.

:: SpecTec signs contract with Premium Drilling
Posted: 28 August 2006
Premium Drilling says they will order SpecTec's AMOS IT systems and services for their coming new jack up rigs, currently under construction at Singapore shipyards.