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KOC Implements 1st SIMOPs Operations in Sabriyah

Date : Jan 19, 2021

Delegations from the North Kuwait Directorate and Drilling & Technical Support Directorate recently visited Sabriyah Field to view the recent SIMOPs operations. The work was successfully implemented for the first time in KOC’s history at the SA-J19-CO Multi-Well Pad (MWP) for Drilling/Completion and hookup of simultaneous operations.

 

The MWP makes use of 12 wells and features the first “fishbone” configuration in North Kuwait. Multi-lateral and MSF wells are also utilized, with two wells out of the 12 in production. The drilling rig remains in operation to drill the remaining wells as...

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Saudi Arabia Makes Oil Output Cut Offer

Date : Jan 19, 2021

A deal was announced after two days of discussions at the 13th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, that saw Saudi Arabia unilaterally cut its oil output by a million barrels per day in February and...

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Arun Kumar Singh takes over as Chairman of Indraprastha Gas Ltd

Date : Jan 19, 2021

Indraprastha Gas Ltd (IGL), the state-owned gas distributor, announced Arun Kumar Singh, Director (Marketing), Bharat Petroleum Corporation (BPCL) has taken over the additional responsibility as Chairman of the...

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Asia Sees Highest Crude Refinery Maintenance

Date : Jan 18, 2021

Asia had the highest crude oil refinery capacity under maintenance (both planned and unplanned) globally in 2020.

 

The region had a refining capacity of 11,524 thousand barrels per day (mbd) under both...

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ISRO to Use Green Fuel for Human Space Flight

Date : Jan 18, 2021

Gaganyaan, India’s first human spaceflight mission that will carry three Indian astronauts to a low-earth orbit, will use eco-friendly fuel, ISRO chairman K Sivan has said. ISRO now uses unsymmetrical dimethylhydrazine as...

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JNPT Signs Pact with MSEDCL for Power Supply in Port Area

Date : Jan 15, 2021

The Jawaharlal Nehru Port Trust (JNPT) has signed a pact with the Maharashtra State Electricity Distribution Company (MSEDCL) for power supply in the port area.

 

JNPT signed the memorandum of understanding...

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ADNOC Distribution Increases Commitment to KSA

Date : Jan 13, 2021

ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has announced the execution of a definitive agreement to acquire 15 service stations in the Kingdom of Saudi Arabia, reaffirming its commitment to grow its business in...

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Tethys Oil Spuds Exploration Well on Block 49 Onshore Oman

Date : Jan 13, 2021

Sweden-based Tethys Oil said that drilling operations of exploration well Thameen-1 on Block 49 onshore Oman has commenced. The well is planned to be drilled to a depth of about 4,000 meters below...

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Tehran to Host Oil Show from 21-24 January

Date : Jan 13, 2021

The 25th Iran International Oil, Gas, Refining and Petrochemical Exhibition will be held in Tehran from January 21 to 24.

 

According to the National Iranian Oil Company, with the special support of the Office...

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Oil India Inks MoU with Assam Hydrocarbon

Date : Jan 13, 2021

Oil India signed a memorandum of understanding (MoU) with Assam Hydrocarbon & Energy Company (AHECL) in Guwahati in December 2020.

 

The Memorandum of Understanding (MoU) is aimed at establishing a joint...

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Tabreed, Miral in District Cooling Contract for Abu Dhabi Theme Park

Date : Jan 19, 2021

The National Central Cooling Company (Tabreed) has announced the signing of an agreement with Abu Dhabi developer Miral to provide district cooling services to SeaWorld Abu Dhabi, a first-of-its-kind marine life theme park being developed on Yas Island.   With this deal, Tabreed aims to connect the new SeaWorld Abu Dhabi development to its existing Yas Island district cooling scheme and deliver a cooling capacity of up to 15,000 refrigeration tons (RT).   Tabreed also plans to build a new dedicated plant by 2022 at the SeaWorld Abu Dhabi site, that will pave way for reliable, technologically advanced and sustainable source of cooling interc...

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ShaMaran hits New Production Milestone in KRI

Date : Jan 19, 2021

ShaMaran Petroleum announced that it has achieved a new production milestone at the Atrush field in the Kurdistan Region of Iraq (KRI).

 

ShaMaran said that the Atrush field's total cumulative crude oil...

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SECI Reduces Tender Capacity for Renewable Energy Bundled with Thermal Projects

Date : Jan 19, 2021

The Solar Energy Corporation of India (SECI) has issued amendments to the request for selection (RfS) document for the supply of 5 GW of round-the-clock (RTC) power from grid-connected renewable energy power projects, complemented with power...

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Clifford Chance Plays Key Role in Al Dhafra Solar Project Financial Deal

Date : Jan 18, 2021

Leading international law firm Clifford Chance said it had been instrumental in the financial closing for the 2GW Al Dhafra solar power plant project, as advisors to the lenders on the landmark project in the UAE. Once completed, it...

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Iran Launches Petchem Projects in Western Provinces

Date : Jan 18, 2021

Iranian Minister of Petroleum Bijan Zangeneh said the country has launched petrochemical projects in the western provinces of Urmia, Ilam and Hamedan which are totally worth a billion dollars in...

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Acciona Completes Construction of SWCC's Al Khobar I Desal Plant

Date : Jan 18, 2021

Spanish infrastructure major Acciona said it has completed the construction of Al Khobar I desalination plant in Saudi Arabia for the Saline Water Conversion Corporation.

 

One of the kingdom's biggest...

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India Launches First Remote Monitoring System for Oil Refineries Turbines

Date : Jan 18, 2021

Indian Oil Corp (IOC), the country's largest fuel retailer, has launched the country's first remote monitoring system for oil refineries' turbines. The project, located in Hyderabad, was inaugurated by oil minister...

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EPC Bids awaited for NEOM Hydrogen Project in KSA

Date : Jan 15, 2021

The Engineering, Procurement and Construction (EPC) bids are awaited for the planned hydrogen production facility at NEOM powered by renewable electricity in the Kingdom of Saudi...

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NBO selected as Fund Manager for Oman Oil Projects

Date : Jan 15, 2021

National Bank of Oman (NBO) has been selected as the onshore bank for PetroTel Oman LLC, which recently secured a US$300mn financing from the US International Development Finance Corporation (DFC) for its oil and gas projects in Oman’s...

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BPGIC Signs Oil Storage Offtake Contracts

Date : Jan 15, 2021

Brooge Energy Limited and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity in the oil storage and services business, has announced that BPGIC has signed offtake...

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