:: Aggressive execution
Posted: 31 March 2008
UAE-based Dana Gas is drilling 19 wells, including 15 exploration prospects and four development wells in a bid to execute an ‘aggressive’ exploration and development programme to double its gas reserves in Egypt.

:: StatoilHydro reports fourth find in Sahara
Posted: 31 March 2008
Operator StatoilHydro and Algerian state-oil company partner Sonatrach have completed the drilling and testing of exploration well number four in the Hassi Mouina license, in the Sahara desert in Algeria.

:: RAK shuts off high pressure well in Oman
Rak Petroleum Oman Limited is exploring the causes of the high pressure water and gas release reported in Al Jariya-1 well which has been shut off last month.

:: Gulfsands drills first horizontal well in Syria
Independent upstream company Gulfsands Petroleum has started the drilling of the first horizontal development well within the Khurbet East Field (KHE-5H) in Syria.

:: ONGC, Hindujas expected to sign Iran deal
Posted: 31 March 2008
India’s Oil and Natural Gas Corporation (ONGC) and its partner Hindujas Group may sign a multi-billion dollar deal next month for developing oil and gas fields in Iran according to IRNA news agency.

:: Leighton wins $720m pipeline contract
Posted: 31 March 2008
Leighton International has been awarded a $720 million contract for the construction of offshore pipelines in India for Oil and Natural Gas Corporation (ONGC).

:: Jordanian firm to build 50,000 tonne ‘tank farm’
Posted: 31 March 2008
A 50,000 tonne ‘tank farm’ will be constructed to store chemicals, liquids and other oil products by Salam International Transport and Trading Co., a Jordan-based transportation and trade services provider.

:: Swicorp, CDC and NorSun to build polysilicon plant in Jubail
Posted: 31 March 2008
Swicorp Joussour Company has partnered with Chemical Development Company (CDC) of Saudi Arabia, and NorSun of Norway to invest in the construction of a polysilicon plant in the industrial city of Jubail in the Kingdom of Saudi Arabia.

:: Abu Dhabi to develop projects in subcontinent
Posted: 31 March 2008
Abu Dhabi National Energy Company (Taqa), has signed a Letter of Intent (LoI) with Oasis International Power (Oasis), an Abu Dhabi-based power company, to develop power generation and water projects in Pakistan, India and Bangladesh.

:: Omanoil announces record performance
Posted: 31 March 2008
Oman Oil Marketing Company (omanoil), one of the leading Omani fuel and lubricants marketing companies, has announced record performance in 2007 at the recently held Extraordinary General Meeting and Annual General Meeting at the Capital Market Authority.

:: Sumitomo Mitsui to open Qatar office
Posted: 31 March 2008
Tokyo-based project finance entity, Sumitomo Mitsui Banking Corporation will open an office in the Qatar Financial Centre (QFC) in Doha to tap the Middle East’s lucrative energy market.

:: Edutech launches pilot plant training solutions
Posted: 31 March 2008
Technology-enabled learning solutions provider Edutech Middle East, has launched a comprehensive pilot plant training system for process operator training.