:: Baker Hughes in Mideast expansion drive
Posted: 12 February 2008
Baker Hughes, the world's third-largest oilfield services company after Schlumberger and Halliburton has earmarked an $80 million investment in the MidEast and Asia Pacific region, the company announced on Monday.

:: Dolphin reaches full gas production target
Posted: 12 February 2008
For the first time, Dolphin Energy Limited has achieved its target daily production rate of 2 billion standard cubic feet of gas a day (scf/day) – the equivalent of over 350,000 barrels of oil, the company has announced.

:: Iran proposes fresh formula to break logjam over LNG to India
Posted: 12 February 2008
Iran has proposed a fresh formula to break the logjam over the pricing issue of a 25-year contract to supply 5 million tonnes of LNG (Liquefied Natural Gas) per annum, state news agency IRNA reported.

:: Gulfsands to develop Khurbet East oil discovery
Posted: 12 February 2008
Gulfsands Petroleum plc has received approval from the Syrian Ministry of Oil and Mineral Resources and the Syrian Petroleum Company (SPC) for commercial development of the Khurbet East Field.

:: Vopak Horizon Fujairah completes phase five onshore expansion
Posted: 12 February 2008
Vopak Horizon Fujairah Limited has completed the phase five onshore expansion of its terminal enhancing storage facilities in this strategic hub, the company said.

:: Taqa appoints new midstream boss
Posted: 12 February 2008
The Abu Dhabi National Energy Company (Taqa) has appointed Klaus Reinisch as the new global Head of Midstream.

:: MIS announces on-time newbuild progress
Posted: 12 February 2008
UAE-based Maritime Industrial Services (MIS) has installed the main power generators on Hull 105, the second offshore jackup rig being built in its Sharjah yard, in accordance with the agreed delivery schedule, the company has announced.

:: Sabic and Sinopec to build ethylene complex in China
Posted: 12 February 2008
China Petroleum and Chemical Corporation (Sinopec Corp.) and Saudi Basic Industries Corporation (Sabic) has formed a joint venture that will invest in a 1 million metric tonne per year ethylene complex in China.

:: KOC selects GE compressors
Posted: 12 February 2008
Kuwait Oil Company (KOC) has selected GE compressors for the new Oil and Gas Gathering Center 24 (GC24) in Kuwait’s Sabriya field, the company said.

:: Saudi energy investments to reach $119 billion
Posted: 12 February 2008
Saudi Arabia's energy infrastructure investments are expected to top $119 billion during 2007-2009 according to a study.

:: Invensys launches ‘Virtual Reality’ training technology
Posted: 12 February 2008
Invensys Process Systems (IPS) has joined a consortium to pioneer “virtual environment” (VE) technology for Simulation Safety and Operator Training, the technology company announced on Sunday during the product’s launch in Abu Dhabi.

:: Gastech 2008 on track for success
Posted: 12 February 2008
Gastech 2008, the 23rd International Conference & Exhibition for the LNG, LPG and Natural Gas Industries, being held in Bangkok, Thailand 10-13 March is set to be the most successful event in the series, the event organiser has announced.

:: Dana Gas delegation meets Algerian energy officials
Posted: 12 February 2008
Dana Gas, the Middle East ’s first and largest regional private-sector natural gas company, has announced its successful participation in the 3 rd Algerian Economic Forum, which was held in Algiers on 20-21 January 2008, under the patronage of Algerian President, Abdul Aziz Boutfliqa, and attended by Algerian Prime Minster A. Aziz Bellchadem.

:: Adma-Opco celebrates 45th anniversary of 1st shipment of crude from Abu Dhabi
Posted: 12 February 2008
The Abu Dhabi Marine Operating Company (Adma-Opco) celebrated the 45th anniversary of the 1st shipment of crude oil from UAE-capital Abu Dhabi, state news agency WAM reported.