Pipeline Magazine - Regional NewsRegional News-RSS FeedSun, 10 Nov 2019 14:49:08 GMTTAQA sees 9-mnth net profit tumble as lower prices take a toll https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/taqa-sees-9-mnth-net-profit-tumble-as-lower-prices-take-a-toll/Abu Dhabi National Energy Company (TAQA) reported a sharp drop in nine-month net profits to as revenue and oil prices took a hit...2019-11-07https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/taqa-sees-9-mnth-net-profit-tumble-as-lower-prices-take-a-toll/Sound Energy in talks to partly sell Morocco assets for $112.8 mln https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/sound-energy-in-talks-to-partly-sell-morocco-assets-for-1128-mln/Sound Energy signed a non-binding agreement with a private UK company to purchase 51% of its Eastern Moroccan Portfolio...2019-11-07https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/sound-energy-in-talks-to-partly-sell-morocco-assets-for-1128-mln/Saudi Aramco announces $68 bln profit for 9 months ahead of IPOhttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/saudi-aramco-announces-68-bln-profit-for-9-months-ahead-of-ipo/Saudi Aramco reported a 9-month net profit of US$68 billion, ahead of the launch of its milestone public listing...2019-11-04https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/saudi-aramco-announces-68-bln-profit-for-9-months-ahead-of-ipo/ADNOC boosts oil and gas reserves with new discoverieshttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/adnoc-boosts-oil-and-gas-reserves-with-new-discoveries/ADNOC announced a significant increase in oil and gas reserves and new discoveries in Abu Dhabi...2019-11-04https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/adnoc-boosts-oil-and-gas-reserves-with-new-discoveries/Saudi Arabia approves Aramco plans of long-awaited IPO https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/saudi-arabia-approves-aramco-plans-of-long-awaited-ipo/Saudi Arabia’s market regulator approved on Sunday Saudi Aramco’s application for a part listing of shares on the local bourse, opening the doors to the largest ever IPO.2019-11-03https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/saudi-arabia-approves-aramco-plans-of-long-awaited-ipo/DNO reports Q3 net loss on writedown, lower oil priceshttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/dno-reports-q3-net-loss-on-writedown-lower-oil-prices/DNO, the Middle East focused oil and gas operator, reported a third quarter net loss of US$96 million due to writedowns and lower oil prices although revenues rose 33 per cent...2019-11-03https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/november/dno-reports-q3-net-loss-on-writedown-lower-oil-prices/ADNOC Distribution Q3 net profit slips, fuel sales rise https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/adnoc-distribution-q3-net-profit-slips-fuel-sales-rise/ADNOC Distribution saw its third quarter net profit slip by 1.7 per cent to AED549 million, while earnings rose on back of higher volumes...2019-10-31https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/adnoc-distribution-q3-net-profit-slips-fuel-sales-rise/Tethys Oil farms into onshore Oman Block 56 E&P licensehttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/tethys-oil-farms-into-onshore-oman-block-56-ep-license/Tethys Oil signed an agreement with Biyaq Oil Field Services to acquire a 20 percent interest in the exploration and production license covering Block 56 onshore Oman....2019-10-30https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/tethys-oil-farms-into-onshore-oman-block-56-ep-license/Saudi Aramco plans power JV, signs 7 MoUshttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/saudi-aramco-plans-power-jv-signs-7-mous/Saudi Aramco said it plans to set up a power joint venture with Air Products and ACWA Power, to be called the Jazan Power Joint Venture...2019-10-30https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/saudi-aramco-plans-power-jv-signs-7-mous/SDX Energy starts new Morocco drilling campaignhttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/sdx-energy-starts-new-morocco-drilling-campaign/SDX Energy, the MENA-focused oil and gas company, said it has begun a 12-well drilling campaign, in its operated Gharb Basin acreage in Morocco...2019-10-27https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/sdx-energy-starts-new-morocco-drilling-campaign/Eni finds new resources in Gulf of Suez offshore Egypthttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/eni-finds-new-resources-in-gulf-of-suez-offshore-egypt/Eni has discovered new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez...2019-10-27https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/eni-finds-new-resources-in-gulf-of-suez-offshore-egypt/Petrofac wins 3 new contractshttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/petrofac-secures-three-engineering-contracts-in-oman-libya/UK-listed Petrofac said it won new contracts in Oman and Libya, which will see the engineering company provide FEED and conceptualisation studies to clients...2019-10-24https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/petrofac-secures-three-engineering-contracts-in-oman-libya/Mubadala invests $50 mln in U.S. LNG firm NextDecadehttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/mubadala-invests-500-mln-in-us-lng-firm-nextdecade/Mubadala Investment Company has agreed to purchase US$50 million of NextDecade’s common stock in a private placement...2019-10-24https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/mubadala-invests-500-mln-in-us-lng-firm-nextdecade/Genel signs up new rig for well in Iraqi Kurdistanhttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/genel-signs-up-new-rig-for-well-in-iraqi-kurdistan/Genel Energy said it has signed an agreement to contract Parker Drilling’s rig for the QD-2 well on the Qara Dagh field in Iraqi Kurdistan...2019-10-23https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/genel-signs-up-new-rig-for-well-in-iraqi-kurdistan/McDermott awarded contract for mixed feed cracker in Saudi Arabia https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/mcdermott-awarded-contract-for-mixed-feed-cracker-in-saudi-arabia/McDermott was awarded a contract by Saudi Aramco and Total Raffinage Chimie to provide services for Saudi Arabia’s Amiral Complex...2019-10-23https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/mcdermott-awarded-contract-for-mixed-feed-cracker-in-saudi-arabia/Dragon Oil takes over BP stake in Egypt’s GUPCOhttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/dragon-oil-takes-over-bp-stake-in-egypt-s-gupco/Dragon Oil has announced the acquisition of a stake in The Gulf of Suez Oil Company (GUPCO Egypt) formerly owned by BP.2019-10-21https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/dragon-oil-takes-over-bp-stake-in-egypt-s-gupco/Shell puts assets in Egypt's Western Desert up for salehttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/shell-puts-assets-in-egypts-western-desert-up-for-sale/Shell has announced that it is putting its current onshore Upstream assets in the Western desert in Egypt up for sale...2019-10-21https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/shell-puts-assets-in-egypts-western-desert-up-for-sale/Huge and vital piece of equipment now in place as Ras Tanurahttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/huge-and-vital-piece-of-equipment-now-in-place-as-ras-tanura/Ras Tanura Refinery Clean Fuels Project has put its heaviest and largest piece of equipment in place — a naphtha splitter column weighing 544 tons.2019-10-21https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/huge-and-vital-piece-of-equipment-now-in-place-as-ras-tanura/IMI and GustoMSC sign jack-up design license agreement https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/imi-and-gustomsc-sign-jack-up-design-license-agreement/International Maritime Industries (IMI) has signed a drilling rigs license agreement with GustoMSC, an NOV company.2019-10-20https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/imi-and-gustomsc-sign-jack-up-design-license-agreement/ADNOC, Adani, BASF, Borealis look to set up $4 bln chemical complexhttps://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/adnoc-adani-basf-and-borealis-look-to-set-up-a-chemicals-complex/ADNOC, Adani Group, BASF SE and Borealis signed a preliminary deal for a joint feasibility study to set up a $4 billion chemical complex in India...2019-10-17https://www.pipelineoilandgasnews.com/regionalinternational-news/regional-news/2019/october/adnoc-adani-basf-and-borealis-look-to-set-up-a-chemicals-complex/