Qatar’s Kahramaa awards Siemens $859M contract

May 10, 2017 0

Qatar General Water & Electricity Corporation (Kahramaa) has awarded Siemens a €790 million ($859 million) contract to supply 35 substations that will power steel, as well as oil and gas and petrochemical plants in Mesaieed industrial area.

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Iran’s NIOC nears crude sales contract with OMV

May 10, 2017 0

Iran’s state-run oil company, NIOC, is reportedly in the final phase of negotiations with Austria’s OMV to sign a contract selling 40,000 barrels per day (BPD) of crude oil, which would help Tehran to pay its outstanding debt to OMV.

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Kuwait Energy seeks London Stock Exchange admission

May 4, 2017 0

Kuwait Energy, an oil and gas explorer, revealed on Wednesday its plans to be admitted to the London Stock Exchange (LSE) in June, in a move aimed at becoming the leading independent oil and gas company in the Middle East and North Africa region, Kallanish Energy reports.

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OOCEP, Shell to collaborate in Oman’s Block 42

May 3, 2017 0

Oman Oil Company Exploration & Production (OOCEP), a subsidiary of Oman Oil Company, and Shell have signed a heads of agreement to collaborate on the onshore oil and gas Block 42, located in the northeast coast range of the Oman Mountains.

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