| SASREF Upgrades Control Facilities and IMP Project Saudi Arabia >> 1/13/2010 - Saudi Aramco Shell Refinery Co. (SASREF) recently inaugurated its refurbished Central Control Room and the Instrumentation Master Plan (IMP) Project. SASREF chairman Abdul Rahman F. Al-Wuhaib cut the ... Petrochemical Industries to Make KD 65 m Profit Kuwait >> 1/11/2010 - Petrochemical Industries Company (PIC) said it is expecting a profit of 65 million Kuwaiti dinars in the financial year 2009/2010. Speaking to Kuwait News Agency (KUNA), PIC Chairman and Managing Dire... CGGveritas Announced 2 Major OBC Contract Awarded Saudi Arabia >> 1/11/2010 - CGGVeritas announced that ARGAS, its Saudi Arabian joint venture owned 49% by CGGVeritas and 51% by TAQA has been awarded two major Ocean Bottom Cable (OBC) 3D data acquisition contracts by Saudi Aram... XTRACT Updates Operations in Alasehir License Turkey >> 1/11/2010 - Xtract Energy Plc is pleased to provide the following update on operations in the Alasehir license area at its Turkish associate company Extrem Energy AS. ... Iraq to Finalize Oil Deals Later This Month Iraq >> 1/10/2010 - Iraqs Oil Ministry will finalize deals later this month with foreign energy firms for its Majnoon, Gharaf, Qayara and Najmah fields, a ministry official said. ... San Leon Entered JVA With Al Meinaa Oil Services Iraq >> 1/7/2010 - San Leon is delighted to announce that it has entered into a joint venture with Al Meinaa Oil Services Limited (Al Meinaa) for the reciprocal referral and joint evaluation of Oil and Gas projects in... Sipchem to Export Its First Commercial Shipment Saudi Arabia >> 1/7/2010 - The Saudi international Petrochemical Company (Sipchem) announced the export of its first Vinyl Acetate Monomer (VAM) shipment to the European Markets on Thursday, 7 January 2010 through King Fahd Ind... Sky Reports on Events Related to Mubarek Field United Arab Emirates >> 1/7/2010 - Sky Petroleum, Inc., an oil and gas company, today reports that on December 31, 2009, Buttes Gas and Oil Co. International, Inc. (Buttes), the wholly owned subsidiary of Crescent Petroleum Company I... QP & Mobil Sign Agreement for Petrochemical Complex Qatar >> 1/6/2010 - Qatar Petroleum (QP) and ExxonMobil Chemical Qatar Limited, a subsidiary of Exxon Mobil Corporation, announced they have signed an agreement to progress the joint development of a world-scale petroche... Iraq Cabinet Ratifies Four Major Oilfield Deals Iraq >> 1/5/2010 - Iraqs cabinet has ratified contracts with foreign firms to develop four oilfields, pushing Iraq a step closer toward finalizing deals that may make it a leading world oil producer, the government sai... Sterling Provides Operations Update in Kurdistan Iraq >> 1/4/2010 - Sterling, an AIM listed independent oil & gas exploration and production company with interests in Africa and the Middle East, is pleased to provide the following update on its activities: ... ShaMaran Seismic Operations in Kurdistan Iraq >> 1/4/2010 - ShaMaran Petroleum Corp. is pleased to report that the Company has executed a seismic contract with Gulf Geophysics FZCO (subsidiary of the Bureau of Geophysical Prospecting (BGP)) for the acquisition... SABIC Signs an Agreement for the Issuance of Bonds Saudi Arabia >> 12/30/2009 - Following the approval of the Saudi Capital Market Authority, the Saudi Basic Industries Corporation (SABIC) signed an agreement for private bond placement with the Public Investment Fund (PIF) on Dec... Lukoil, Statoil to Adjusted Ownership Split In Iraq Iraq >> 12/28/2009 - Lukoil and Statoil initialised the contract with Iraqi authorities for the West Qurna 2 field. Lukoil and Statoil have agreed to adjust the ownership split, increasing Statoils share from 15 % to 25 ... Noble Executes LOI to Sell Tamar to Israel Electric Israel >> 12/28/2009 - Noble Energy, Inc. announced that it and its partners have signed a Letter of Intent (LOI) to sell natural gas from the Tamar field, offshore Israel, to Israel Electric Corporation Limited (IEC). Acco... Oman Gives Germanys Grace $80.5 m Refinery Deal Oman >> 12/28/2009 - Oman has awarded a refinery supply contract worth 31 million rials ($80.5 million) to Germanys Grace, a tender board official said. Grace got the contract to supply catalyst and chemical additives f... ADGAS Formalizes $1bn Deal With HHI United Arab Emirates >> 12/28/2009 - Abu Dhabi Gas Liquefaction Company Ltd (ADGAS) has formally signed an agreement worth $1 billion with Hyundai Heavy Industries Co for the construction of an integrated gas development plant on Das Isl... Topaz Enters into MOA for $29.5 m Vessel Sale United Arab Emirates >> 12/28/2009 - Topaz Energy and Marine announced that it had entered into an MOA for the sale of its DP2 Diving Support Maintenance Barge, TEAM Siam, to Mermaid Offshore Services Ltd. The USD 29.5 million sale is ... Qatargas Sends First Q-Max LNG Cargo to the US Source: www.gulfoilandgas.com 12/6/2009, Location: Middle East LNG Carriers Qatargas saw the departure of the first Q-Max vessel with a liquefied natural gas (LNG) cargo onboard to the United States of America. The vessel Umm Slal, which set sail from Ras Laffan Port with 240,000 cubic meters of LNG, is expected to reach the Sabine Pass LNG terminal in Louisiana on New Year s eve. Faisal Al Suwaidi, Chairman and Chief Executive Officer of Qatargas, said: “We are really proud to send the first Q-Max LNG cargo to the United States at the end of 2009, which has been one of the most eventful years for Qatargas.” He added: “This cargo is quite exciting for us as Umm Slal will be the first Q-Max to cross Atlantic and deliver LNG to the Americas. Coming close on the heels of our first Q-Flex LNG to China, this cargo underscores the increasing role of Qatargas in providing stable energy supplies to the world – from the East to the West.” The Q-Max has 80 percent more capacity than conventional LNG carriers, with about 40 percent lower energy requirements due to the economies of scale created by their size, and the efficiency of the engines. Q-Max LNG carriers are unique to Qatar and are purpose built to allow for more efficient transport of Qatar s natural gas to markets throughout the world. |