:: Exciting prospects
Posted: 18 June 2007
Dana Gas of the United Arab Emirates has announced a new gas and condensate discovery from its El Wastani West-2 well in Egypt .

:: Oman LNG back on track
Posted: 18 June 2007
Oman resumed shipments from the LNG terminal at Sur less than a week after stopping exports as a precaution due to Cyclone Gonu.

:: Saudi Aramco nears 75
Posted: 18 June 2007
Saudi Aramco, the world’s largest crude oil producer, celebrates its 75th birthday next year and preparations are underway to mark the event under the theme “energy for generations.”

:: Exceptional year
Posted: 18 June 2007
Lamprell, the UAE-based, London-listed oil and gas service company, has announced 2006 full year revenues of $330 million – up 56% over the previous year. In addition, net profits rose to $33.8 million – a 13.5% increase.

:: Imex seeks transparency
Posted: 18 June 2007
International Mercantile Exchange Holdings has appointed Steve McMillan as CEO of Qatar’s energy exchange, Imex.

:: Dolphin starts flowing
Posted: 18 June 2007
Dolphin Energy will begin receiving gas supplies from the mammoth North Field in Qatar this summer and production will grow gradually to peak at two billion standard cubic feet per day in early 2008, according to CEO Ahmed Al Sayegh.

:: World leader
Posted: 18 June 2007
The Saudi Arabian Basic Industries Company (Sabic) made record income in 2006 as it pushed ahead with an ambitious expansion programme to maintain its position as a world leader in petrochemical production.

:: Straits block unlikely
Posted: 18 June 2007
Iran is unlikely to choke off oil supplies through the strategic Strait of Hormuz waterway in the Gulf in any row with the West over its nuclear ambitions, says a top International Energy Agency (IEA) official.

:: Modest start for DME
Posted: 18 June 2007
Dubai Mercantile Exchange could launch an initial public offering if its Middle East crude oil futures contract is a success. "I would see our exchange to be quite a large company shortly, once the crude contract takes off" and a planned jet fuel contract comes on line, said DME chairman Ahmad Sharaf.

:: Increasing recovery
Posted: 18 June 2007
With global demand for energy rising fast, the oil and gas industry is increasingly turning to technology to maximise production from oil fields.

:: New frontiers
Posted: 18 June 2007
The world’s largest oil company has called for more cooperation between academe and industry to push the frontiers of technology.

:: Investment hits record
Posted: 18 June 2007
Investments in the United Arab Emirates climbed to a record level in 2006 as strong crude prices allowed the government to boost spending and encouraged the private sector to invest more, according to official data.

:: Green light to sell in China
Posted: 18 June 2007
China has issued oil product wholesale licenses to three companies, including two of Sinopec’s joint ventures, the Ministry of Commerce has announced on its website.

:: New man in Doha
Posted: 18 June 2007
RBG, the UK field integrated services contractor to the oil, gas and petrochemical industry, has appointed Duncan Bonner Middle East manager. RBG operates in the region with joint venture partner, Salam Petroleum Services, under the name Salam RBG Qatar.