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ONGC Plans to Use Undersea Infrastructure of GSPC

Date : Jun 27, 2017

Oil and Natural Gas Corporation (ONGC) plans to use undersea infrastructure of Gujarat State Petroleum Corporation (GSPC) to produce gas from its own KG-basin fields in the Bay of Bengal. Last year ONGC agreed to buy 80% interest in the KG-OSN-2001/3 block, which sits next to the state-owned firm’s KG-DWN-98/2 or KG-D5 block. “ONGC has finalised a $ 5.07 billion plan for developing the Cluster-II finds by 2019-20. First gas production is envisaged by June 2019 and oil will start flowing from March 2020,” a company official reported to a leading business daily.

 

ONGC, which made an investment of Rs. ...

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Quenching The Indian Subcontinent’s Thirst for LNG Cargoes

Date : Jun 27, 2017

The Indian subcontinent is on course to become one of the world’s fastest-growing markets for receiving LNG cargoes. Last year, India and Pakistan posted the world’s third and fourth largest annual increases in LNG...

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HPCL Joins Talks to Buy Stake in Russian Oil Fields

Date : Jun 27, 2017

Hindustan Petroleum Corporation (HPCL) has joined the Indian consortium negotiating buying a 49 per cent stake in Russia’s Vankor Cluster oil fields in the Arctic region. Originally, ONGC Videsh Ltd, the overseas investment arm...

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NIGC - No South Pars Flaring by 2019

Date : Jun 27, 2017

According to the source, the Director for Coordination and Supervision on Production at the National Iranian Gas Company (NIGC), Gholamreza Bahman-Nia said all the gas flares at the refineries of the supergiant South Pars Gas Field...

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Iran Starts Natural Gas Exports to Iraq

Date : Jun 27, 2017

Iran has started exporting natural gas to neighboring Iraq, director of the International Affairs Department at National Iranian Gas Company (NIGC) Behzad Babazadeh said.

 

According to the report of the...

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Zakher Marine, QMS Build Sophisticated Offshore Barges

Date : Jun 27, 2017

Abu Dhabi-based Quality Marine Services (QMS), in conjunction with Zakher Marine International (ZMI), has taken delivery of the first offshore barge built in a shipyard in China, under the supervision of ZMI staff, a report...

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UAE Energy Strategy to Save $190bn by 2050

Date : Jun 27, 2017

The UAE’s new energy strategy is set to save up to Dh700 billion ($190 billion) by 2050, said a senior government official.

 

Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy made the...

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UK-based Oil Plus Announces Key Middle East Appointments

Date : Jun 23, 2017

UK-based Oil Plus, a specialist energy consultancy, has announced two key appointments - Peter Sanders as technical manager and Clarke Shepherd as global business development director - to strengthen its position in...

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New Solar Scheme to Slash Power Subsidy in Oman

Date : Jun 23, 2017

Homeowners in Oman will soon be able to help cut government power subsidies by selling solar power back to the national grid.

 

The new solar scheme will eventually mean the current half a billion rial annual...

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QP Launches Bunkering Fuel Services

Date : Jun 23, 2017

Qatar Petroleum, state energy firm, started fuel-oil bunkering services for all vessels calling on Qatari ports on 19 June, following two weeks of severed diplomatic ties with Saudi Arabia and UAE, which temporarily...

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Oman Explores Potential of Coal-based Power Generation

Date : Jun 27, 2017

The Sultanate’s proposed maiden foray into coal-based power generation envisions an Independent Power Project (IPP) of a capacity ranging from 1,500 to 2,500 megawatts (MW), according to industry experts familiar with this landmark initiative.   Oman Power and Water Procurement Company SAOC (OPWP), the sole procurer of electricity generation and water desalination capacity, has been mandated to explore the potential for coal-based power generation in the Sultanate. This is in response to a policy decision of the government to study the diversification of primary fuel resources for the electricity and water sector.   As a first step, O...

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RaysExperts Commissions 5.5 MW Solar Project

Date : Jun 23, 2017

RaysExperts has commissioned a 5.5 MW solar project for an Indian PSU. The plant will be located at Charanka Solar Park in Gujarat.

 

The plant will generate electricity worth Rs 125 crore which will be sold...

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HPPCL Commissions First Unit at Sainj Hydro Power Project

Date : Jun 22, 2017

Himachal Pradesh Power Corporation (HPPCL) has commissioned the first unit of 50 MW of the 100 MW Sainj Hydro Power project.

 

The project has been commissioned and synchronised with the northern grid through...

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Saudi Arabia Launches $1.3bn Water Schemes

Date : Jun 22, 2017

The Saudi government has launched more than 100 projects worth SR4.9 billion ($1.3 billion) aimed at boosting the supply of drinking water and providing better sanitation services to its citizens across the kingdom, said a...

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DEWA’s Mobility Substation to be Operational by Aug-end

Date : Jun 22, 2017

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority, DEWA, has said that the 132/11 kilovolt, kV, substation, which will have a conversion capacity of 150 megavolt amperes, MVA, is 80 percent complete, and is expected to be...

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Alba Line 6 Expansion Works Under Way

Date : Jun 21, 2017

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, said that construction has started on site on its landmark Line 6 Expansion Project following the completion of the FEED (front-end...

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ONGC Videsh Shortlisted for Oil, Gas Field Auction in Mexico

Date : Jun 20, 2017

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation, has been shortlisted alongside global giants like Chevron, Shell and Total to bid in Mexico's latest round of oil and gas field auction. Mexico is...

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MBR Solar Park – Phase III Reaches Financial Close

Date : Jun 20, 2017

The financing for Phase Three of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai has been completed, a report said.

 

This marks the latest significant milestone for the Masdar-led consortium,...

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Drake and Scull Set to Sign Wastewater Treatment Plant Project

Date : Jun 20, 2017

Dubai-based building contractor Drake & Scull International is close to signing three new projects including a wastewater treatment plant, said the company's chief executive.

 

The other two projects...

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KOGPC Launches Solar Power Plant

Date : Jun 19, 2017

Karoon Oil & Gas Production Co. (KOGPC) has launched a solar power plant to save some energy and generate clear power.

 

Managing Director of the company Mohsen Dehanzadeh said the project is aimed at...

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