OIL AND GAS
21 May 2013
Petroleum Development Oman and GlassPoint Commission the Middle East’s First Solar EOR Project
Enclosed Trough system uses the sun’s energy to produce steam for thermal EOR; exceeded contracted performance by 10 percent in first test
16 May 2013
Forbes ranks TAQA top UAE energy company, 2nd energy company in Arab World
The award was presented to TAQA's Executive Officer and Head of Energy Solutions division, Dr Saif Al Sayari by UAE Minister for Culture, Youth & Community Development, H.E. Sheikh Nahayan Mabarak Al Nahayan during the 's Top 500 Companies in the Arab World awards ceremony in Abu Dhabi yesterday.
Dr Saif Al Sayari, TAQA's Executive Officer and Head...
16 May 2013
RAK Petroleum shareholders approve proposed restructuring
The proposed restructuring includes the transfer of substantially all of the Company's assets to a newly formed Dutch company that will be owned by a newly formed UK company in exchange for shares of the UK company. Shares in the UK company will then be issued on a pro rata basis directly to the Company's shareholders as a return of capital.
The assets...
13 May 2013
Total Egypt signs landmark deal with EATc to become Volkswagen's exclusive lubricants supplier
Under the terms of the arrangement, Total Egypt will also provide technical support to EATc to ensure the reliable and stable delivery of their products range to all local branches.
Mr. Thomas Rebeyrol, CEO of Total Egypt commented: "This is a significant contract for Total Egypt which emphasizes the strength of our operations in the country, as well...
09 May 2013
Atlas strengthens its position in Abu Dhabi with appointment of CERT as its new partner
Atlas has expanded rapidly over the last three years in Abu Dhabi and the Middle East, due to its focus on delivering skills, competency and compliance solutions, through innovative learning technologies. The International Minimum Industry Safety Training (IMIST) online programme for example, has now been launched in Abu Dhabi and across the region and is making...
Continue Reading08 May 2013
Shell discusses future of energy at International Energy Forum in Riyadh
Called "New Lens Scenarios", the Shell outlook developed by a group of economic, political and energy experts explores different views of how the future might unfold to improve our understanding of the world's energy system in an era of shifting global dynamics.
"The global financial crisis has ushered in an era of macro-economic volatility and has accelerated...
28 Apr 2013
Egyptian-Saudi petrochemical investments worth USD 10bn
In statements to a Saudi newspaper, Egyptian Minister of Petroleum and Mineral Resources Osama Kamal said that some petrochemical projects are expected to be established between the Saudi Basic Industries Corporation (SABIC)"...