Monday, February 18, 2019

Oil & Gas

Italy’s Eni Wins Sharjah Oil And Gas Concessions In First-Ever Competitive Bid

Italian oil and gas company Eni won three concessions in Sharjah’s first-ever competitive bid, adding to the firm's partnerships in the UAE’s energy industry. State-owned Sharjah National Oil Corporation, which launched the bidding round last year, awarded Eni, areas A,...

Borouge Awards Adnoc Logistics & Services Major Contract To Transport Cargo From Ruwais Container...

Borouge, a leading petrochemical company that provides innovative, value creating plastics solutions, has awarded ADNOC Logistics & Services (ADNOC L&S), the shipping and services arm of the Abu Dhabi National Oil Company (ADNOC), a three-year contract to transport 11 million...

Oil to Trade at Uto $70 Per Barrel by H2, Says Apicorp

Oil prices are expected to trade between the $60 and $70 per barrel range towards the second half of the year with the market expected to balance itself out, according to Arab Petroleum Investments Corporation (Apicorp). The price scenario held...

A New Era Set to Dawn for Hydrocarbon Diversification

Middle East oil and gas sectors are further developing downstream capabilities When we hear of diversification in Middle East economies, we may think of ambitious, futuristic initiatives: cities inhabited by robots; self-driving cars; hyperloops; and space exploration. Or, it may be...

Mega Floating Gas Platforms Way Forward for Africa

Gas producers are embracing a technology that allows them to bring to market gas deposits that would otherwise be left where they are Floating gas platforms are the latest technology being embraced by energy-hungry African countries, an advancement that could...

ADNOC Among Top 10 Oil & Gas Firms Worldwide, New Ranking Finds

ADNOC ranked sixth on the list, behind international oil company Exxon Mobil and state-back China National Petroleum Corporation. Source: ADNOC State-owned Abu Dhabi National Oil Company is among the top 10 most influential companies and organisations in the energy sector,...

SRS Middle East makes Sharjah its Headquarters for the Middle East Region

SRS Middle East FZE, which is a joint venture that consists of Global Petro Storage (GPS), Innova Refining Industries, and Chemie Tech LLC, has announced its decision to select Sharjah as the destination for its latest investment projects in...

DNO Hands Over Operatorship of Oman Block 8

DNO ASA, the Norwegian oil and gas operator, has announced that its subsidiary DNO Oman Block 8 Limited has relinquished operatorship and participation in Oman Block 8 to Oman's Ministry of Oil and Gas (MOG) and the state-owned Oman...

Fujairah Oil Roducts Stocks Fall 1.9% on Week, Led by Middle Distillates

Refined product stocks at the Middle Eastern hub of Fujairah declined by 1.9 per cent to 17.348 million barrels in the week to Monday, led by a drawdown in middle distillate inventories, according to the Fujairah Energy Data Committee. Middle...

ENOC Extends RFID Technology Services Across DP World’s Terminals 2 and 3

DUBAI, 18th December, 2018 - ENOC Group has extended its RFID-based technology to fuel terminals two and three of DP World to serve its fleet of vehicles. The expansion of the service follows the successful implementation of RFID technology...
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Bahri Highlights its Innovative Maritime Logistics Capabilities at Breakbulk Middle East 2019 in Dubai

Maritime leader continues to go from strength to strength as Bahri Logistics showcases its logistics solutions and services at region’s only event dedicated to...

Bahri Clarifies Misinformation about One of Its Vessel’s Voyage to Venezuela for Loading

Bahri, the national shipping company of Saudi Arabia, clarifies that its oil tanker ‘Abqaiq’ ‎is in ballast condition with no cargo onboard and on...

The Chairman and CEO of Transport Malta Visits IMLI

Mr. Joseph Bugeja (Chairman and CEO, Transport Malta) visited the Institute on 25 January 2019 to discuss future cooperation with IMLI. Mr. Bugeja was...