:: Qatar inks 1.25 million tonne LNG deal with India
Posted: 09 July 2007
Qatar ’s RasGas has signed a term contract with Petronet LNG of India for the supply of nearly 1.25 million tonnes of natural gas to be imported in ships in liquefied form at the company's Dahej terminal in Gujarat .

:: Dana Gas, Abraaj Capital to develop natural gas
Posted: 09 July 2007
Dana Gas has signed a Strategic Alliance Agreement with Abraaj Capital, the premier private equity firm in the Middle East , North Africa & South Asia (MENASA) region.

:: ConocoPhillips to invest $25 million in water sustainability projects in Qatar
Posted: 09 July 2007
ConocoPhillips said it will establish a Water Sustainability Centre that will examine ways of treating and using by-product water from oil production and refining operations, as well as other projects relating to industrial and municipal water sustainability. The centre will be located in Qatar Science & Technology Park at Education City, Doha, Qatar.

:: Jacobs wins contract from Saudi Aramco
Posted: 09 July 2007
Jacobs Engineering Group has received a contract to provide the basic design package for a 900 ton per day (TPD) sulfur recovery unit (SRU) for the Khursaniyah Gas Plant in Saudi Arabia.

:: BP takes delivery of world's largest LNG Carrier
Posted: 09 July 2007
BP Shipping took delivery this week of the British Emerald, the world's largest liquefied natural gas carrier (LNGC), the first in a series of dual-fuel diesel-electric gas ships.

:: Taqa’s credit rating upgraded
Posted: 09 July 2007
BP Shipping took delivery this week of the British Emerald, the world's largest liquefied natural gas carrier (LNGC), the first in a series of dual-fuel diesel-electric gas ships.

:: London Business School awards honorary fellowship to Sabic CEO
Posted: 09 July 2007
Mohamed Al-Mady, Vice Chairman and CEO of Saudi Basic Industries Corporation (Sabic), was conferred an Honorary Fellow of the London Business School . The award was made at the School’s annual Summer Congregation ceremony for graduates and award recipients in London , UK .

:: Schlumberger acquires geosystem electromagnetic technology and seismic imaging
Posted: 09 July 2007
Schlumberger said it has acquired Geosystem, a Milan-based provider of land and marine electromagnetics (EM) and seismic imaging services. Electromagnetics is a subsurface measurement used by the oil and gas industry for enhanced reservoir description and is one of the fastest-growing new technologies in the oilfield.

:: Oman to raise recovery at Harweel fourfold
Posted: 09 July 2007
Oman is set to become an important centre for developing economical and effective enhanced oil recovery (EOR), according to Royal Dutch Shell’s Chief Executive Jeroen van der Veer in a viewpoint article in Emerging Oman 2007, a publication produced by Oxford Business Group publication.

:: Dana Gas to issue $1 billion sukuk
Posted: 09 July 2007
Dana Gas shareholders approved the issue of a convertible sukuk for $1 billion which can be upsized. The company approved the issue at an extraordinary meeting headed by Sheikh Ahmed Bin Sultan Al Qassimi, Deputy Ruler of Sharjah and Honorary Chairman of Dana Gas.