:: Abu Dhabi sets off Far East bid
Posted: 27 May 2008
On a global upstream drive, Abu Dhabi heads to the Far East as Mubadala completes Pearl Energy acquisition

:: Aabar board revamped after Mubadala buyout
Posted: 27 May 2008
Aabar Energy chief David Woodward has resigned as Chief Executive Officer and will join Mubadala’s oil and gas division as Chief Operating Officer.

:: Taqa ties up with Spanish firm
Posted: 27 May 2008
Abu Dhabi National Energy Company (Taqa), has signed an agreement with Iberdrola, S.A., the world’s 4th largest electricity company, energy sector leader in Spain and world leader in renewable energy.

:: DGCX set global benchmarks launch
Posted: 27 May 2008
Multi-commodities futures platform Dubai Gold & Commodities Exchange (DGCX) will trade its first cash-settled futures based on international benchmarks starting this week.

:: Thai NOC chooses Dubai for Mideast trading
Posted: 27 May 2008
Dubai Multi Commodities Centre (DMCC) has registered PTT International Trading (PTTT) DMCC, a subsidiary of Thailand ’s national oil company, as the 100th member company of its fast-growing Energy Division.

:: Transocean rig drills record depth off Qatar
Posted: 27 May 2008
Transocean jackup GSF Rig 127 has set a world record for the longest extended-reach well ever drilled at 40,320 feet (12,289 meters) MD (measured depth) with a 35,770-foot (10,902-meter) horizontal section.

:: Indago begins Zad Well block
Posted: 27 May 2008
Indago Petroleum has started drilling Zad well on the Adam Prospect in Block 47, which is estimated to have gross mean prospective resources of about a half trillion cubic feet of gas and substantial associated condensate.

:: Saudi Aramco, Total confirm Jubail refinery project
Posted: 27 May 2008
Saudi Aramco and Total have both confirmed their decision to invest in a 400,000 barrel per day world-class, full-conversion refinery in Jubail, Saudi Arabia.

:: Emissions monitor set for Oman station
Posted: 27 May 2008
The Al Rusail Power Company SAOC of Oman selected Cogsys Limited to design, install and commission a Predictive Emissions Monitoring System (PEMS) for their 665MW natural-gas-fired open cycle plant.

:: Sabic names new chief
Posted: 27 May 2008
Sabic Innovative Plastics has promoted Charlie Crew to President and CEO of the company, effective immediately, the company has announced.