Pipeline Magazine - Regional NewsRegional News-RSS FeedWed, 12 Feb 2020 15:00:02 GMTGlobal downstream players look to technology for cleaner solutions https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/global-downstream-players-look-to-technology-for-cleaner-solutions/Growing pressures of energy demand and carbon emissions censure are pushing downstream players to employ technology to make the industry cleaner...2020-02-12https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/global-downstream-players-look-to-technology-for-cleaner-solutions/Energy transition of Africa to see gas, renewables play a key rolehttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/energy-transition-of-africa-to-see-gas-renewables-play-a-key-role/Africa is undergoing an energy transition that is seeing a greater integration of gas and renewables in the mix...2020-02-12https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/energy-transition-of-africa-to-see-gas-renewables-play-a-key-role/Mubadala Petroleum and Gazprom Neft expand technological cooperationhttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/mubadala-petroleum-and-gazprom-neft-expand-technological-cooperation/UAE's Mubadala Petroleum and Russia's Gazprom Neft have agreed to work together in developing new technologies in oil production, and digitalisation of production processes.2020-02-12https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/mubadala-petroleum-and-gazprom-neft-expand-technological-cooperation/ADNOC Distribution sees net profit increase in 2019https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/adnoc-distribution-sees-net-profit-increase-in-2019/ADNOC Distribution reported that net profit for the fourth quarter of 2019 was US$135 million, an increase of 11.3 per cent compared to same period last year.2020-02-12https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/adnoc-distribution-sees-net-profit-increase-in-2019/East-Mediterranean partnerships key for Egypt hub plans https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/east-med-partnerships-key-for-egypt-hub-plans/Egypt is set firmly on its path of progressing the eastern Mediterranean energy hub in collaboration with neighboring countries despite geopolitical uncertainties…2020-02-11https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/east-med-partnerships-key-for-egypt-hub-plans/Egypt aims for next growth phase with downstream MOUshttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/egypt-aims-for-next-growth-phase-with-downstream-mous/Egypt heads into a new phase of growth with MOUs to develop the country’s downstream sector...2020-02-11https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/egypt-aims-for-next-growth-phase-with-downstream-mous/AG&P, ADNOC Logistics and Services sign FSU charter https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/agp-adnoc-logistics-and-services-sign-fsu-charter/AG&P and ADNOC Logistics and Services signed a 15-year charter agreement for a Floating Storage Unit for conversion, supply, operations and maintenance...2020-02-11https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/agp-adnoc-logistics-and-services-sign-fsu-charter/OPEC extends production cut to end of 2020 due to coronavirushttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/opec-extends-production-cut-to-end-of-2020-due-to-coronavirus/The Organization of the Petroleum Exporting Countries (OPEC) and a non-OPEC technical panel have recommended extending a current agreement to reduce oil supply until the end of 2020 in response to the coronavirus.2020-02-11https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/opec-extends-production-cut-to-end-of-2020-due-to-coronavirus/BPGIC signs land lease deal with Fujairah Oil Industrial Zone https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/bpgic-signs-land-lease-deal-with-fujairah-oil-industrial-zone/BPGIC signed a new land lease agreement with Fujairah Oil Industrial Zone (FOIZ) nearly tripling its land area in Fujairah in a firm step forward towards its major expansion plans.2020-02-10https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/bpgic-signs-land-lease-deal-with-fujairah-oil-industrial-zone/Tristar signs LNG shipping service contract with BP https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/tristar-signs-lng-shipping-service-contract-with-bp/Tristar Group, an energy logistics company, said it signed a four-year contract with BP to provide liquefied natural gas (LNG) shipping services for a value of $24 million...2020-02-09https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/tristar-signs-lng-shipping-service-contract-with-bp/DNO’s 2019 profit slumps, revenues hit record high https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/dno-s-2019-profit-slumps-while-revenues-hit-a-record-high/DNO, Norwegian oil and gas operator, reported a slump in 2019 profit despite posting record revenues as production rose...2020-02-06https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/dno-s-2019-profit-slumps-while-revenues-hit-a-record-high/Eni signs Bahrain MoU for energy developmenthttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/eni-signs-bahrain-mou-for-energy-development/Eni signed a Memorandum of Understanding (MoU) with Bahrain to jointly assess and launch new projects in areas of renewable energy, LNG supply and exploration...2020-02-05https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/eni-signs-bahrain-mou-for-energy-development/KBR wins ADNOC services contract for Ghasha https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/kbr-wins-major-adnoc-services-contract-for-ghasha/KBR has been awarded a major project management consultancy services contract by ADNOC for the Ghasha Concession portfolio of projects...2020-02-04https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/kbr-wins-major-adnoc-services-contract-for-ghasha/New major gas find in UAE to be jointly developed by ADNOC and Dubaihttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/adnoc-and-dubai-to-jointly-develop-major-new-gas-find/The UAE has discovered 80 trillion standard cubic feet of shallow gas resources in Abu Dhabi and Dubai, which will be jointly developed by ADNOC and Dubai Supply Authority...2020-02-03https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/february/adnoc-and-dubai-to-jointly-develop-major-new-gas-find/SABIC swings to Q4 net loss as chemicals prices declinehttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/sabic-swings-to-q4-net-loss-as-chemicals-prices-decline/Saudi Basic Industries Corp (SABIC) swung to net loss of 720 million riyals in the fourth quarter of 2019 as petrochemicals' selling prices declined...2020-01-30https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/sabic-swings-to-q4-net-loss-as-chemicals-prices-decline/ExxonMobil wins exploration acreage offshore Egypt https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/exxonmobil-wins-exploration-acreage-offshore-egypt/ExxonMobil said it has secured more than 1.7 million acres for exploration offshore Egypt...2020-01-29https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/exxonmobil-wins-exploration-acreage-offshore-egypt/Air Liquide Arabia starts hydrogen supply to Saudi refineryhttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/air-liquide-arabia-starts-hydrogen-supply-to-saudi-refinery/Air Liquide Arabia said it has started supplying hydrogen to a refinery owned by Saudi Aramco and an Exxon Mobil subsidiary through its west coast pipeline network in Yanbu...2020-01-29https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/air-liquide-arabia-starts-hydrogen-supply-to-saudi-refinery/Saudi Aramco invests in oil trading blockchain platform VAKT https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/saudi-aramco-invests-in-oil-trading-blockchain-platform-vakt/Saudi Aramco Energy Ventures has invested US$5 million in new shares of VAKT, the company re-imagining commodity post-trade processing underpinned by blockchain...2020-01-29https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/saudi-aramco-invests-in-oil-trading-blockchain-platform-vakt/SDX’s well hits gas in Morocco, beats forecasts https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/sdx-s-well-hits-gas-in-morocco-beats-forecasts/SDX Energy, the MENA-focused oil and gas company, said it has found commercial quantities of gas at its OYF-2 well in Morocco, higher than previously estimated...2020-01-28https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/sdx-s-well-hits-gas-in-morocco-beats-forecasts/Samsung Engineering signs $1.9 bln Aramco gas storage project https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/samsung-engineering-signs-19-bln-aramco-gas-storage-project/Korea’s Samsung Engineering said it signed a construction contract worth US$1.85 billion for Aramco Hawiyah Unayzah gas reservoir storage project...2020-01-28https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2020/january/samsung-engineering-signs-19-bln-aramco-gas-storage-project/