:: BP ME chief urges more NOC-IOC cooperation
Posted: 03 December 2007
Cooperation between governments, national oil companies (NOCs) and international oil companies (IOCs) and the application of innovative technologies is essential to unlocking additional hydrocarbon resources across the Middle East according to a senior BP official in the region.

:: Libya signs deals with oil majors
Posted: 03 December 2007
ExxonMobil has signed a new agreement with Libya to explore for oil and gas off the coast of the North African Arab country.

:: Strategic Storage Project inaugurated
Posted: 03 December 2007
Saudi Arabia last week inaugurated the latest in the Kingdom’s series of strategic storage sites.

:: Taqa completes acquisition of Pioneer Canada
Posted: 03 December 2007
The Abu Dhabi National Energy Company (Taqa), a publicly listed company on the Abu Dhabi Securities Market, announced on Wednesday that its wholly-owned subsidiary Taqa North Ltd has closed its acquisition of Pioneer Natural Resources Canada Inc.

:: Saudi Aramco awards contract for WorleyParsons
Posted: 03 December 2007
Saudi Aramco has awarded contracts for services to WorleyParsons for project management, front-end engineering design (FEED) development, contract bid package development, detailed design support, detailed design package preparation, and construction management services for the Saudi Aramco East Coast Refinery Project at Ras Tanura , Saudi Arabia.

:: OMV strengthens position in Libya
Posted: 03 December 2007
Central Europe's OMV has signed an agreement with the Libyan Oil Corporation to revise and upgrade several of its existing petroleum contracts to the newly established EPSA IV contractual framework.

:: Thule gains access to rigs in QGM Yard
Posted: 03 December 2007
More than four months have passed since QGM closed the yard located in the Hamriyah Free Zone, Sharjah, UAE.

:: New CEO for Enoc group
Posted: 03 December 2007
Saeed Abdullah Khoory was appointed as Chief Executive Officer of Enoc, effective December 1, 2007, Enoc has announced under the directive of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of the ENOC Board.

:: Honeywell releases new wireless monitor
Posted: 03 December 2007
Honeywell, in collaboration with SKF, has introduced OneWireless Equipment Health Monitoring (EHM), the latest addition to Honeywell’s portfolio of industrial wireless solutions according to a company statement.

:: OGP new member from Japan
Posted: 03 December 2007
Inpex Holdings Inc has joined the International Association of Oil and Gas Producers (OGP), the second member from Japan to join the 65-year old group.

:: Sisi-Nubi gas fields come on stream
Posted: 03 December 2007
Total said the phase 1 of the Sisi-Nubi gas fields offshore East Kalimantan in Indonesia has come on stream. Lying roughly 25 kilometres from the Mahakam Delta in 60 to 90 metres water depths, the two fields are located in the Total-operated Mahakam and Tengah blocks.

:: Sabic affiliate increase capital
Posted: 03 December 2007
Sabic affiliate Arabian Industrial Fibers Company approved the General Investments Fund (GIF) as a partner in Ibn Rushd, a company statement said.