ADNOC and Reliance explore options for a facility in Ruwais

ADNOC signed today a Framework Agreement with Reliance Industries to explore development of an Ethylene Dichloride facility in...

ENOC strengthens partnership with Indian Oil Corporation

Dubai-based ENOC Group announced the signing of an evergreen aviation fuel supply agreement with Indian Oil Corporation (IOC), the...

Predator plans exploration onshore in Morocco

Predator Oil & Gas has announced that it has signed a rig agreement with Star Valley Drilling to undertake a drilling programme on...

ADES secures new contracts in Kuwait

ADES International has announced that it has secured its first onshore deep drilling contracts under a Lump Sum Turnkey project in...

Saudi Aramco IPO looks to raise $25.6 billion

Saudi Aramco announced that it plans to sell 3 billion shares at 32 riyals ($8.53) each to investors when it launches its IPO on...

OPEC agrees to deepen oil output cuts

OPEC and its allies agreed at the end of last week to deepen its oil output cuts even further from the start of next year with a...

Gazprom Neft increases production in the Kurdistan Region of Iraq

Gazprom Neft has increased its production levels in the Kurdistan Region of Iraq. It has now produced 23 million barrels of oil...

AquaChemie to build chemical terminal in Dubai

AquaChemie Middle East is set to build a state-of-the-art chemical terminal facility at Jebel Ali Port in Dubai, UAE for US$40...

GCC chemical industry achieves revenue of US$84.1 bln in 2018

The Gulf Petrochemicals and Chemicals Association (GPCA) in its latest report outlined that the GCC chemical industry had achieved...

Saudi Aramco IPO hits retail target of $8.7 bln

The retail share of Saudi Aramco’s initial public offering (IPO) has been fully subscribed to, with orders reaching 32.57 billion...