Gulfoilandgas.com Middle East Newshttp://www.gulfoilandgas.com/Gulfoilandgas.com NewsCopyright 2017. All rights reserved.en-us60http://www.gulfoilandgas.com/webpro1/frame/GulfOil.gifgulfoilandgas.comhttp://www.gulfoilandgas.com/Tue, 27 Jun 2017 11:57:30 GMTOPEC Member Countries Economy - June 2017Tue, 27 Jun 2017 00:00:00 GMTThe economy of Saudi Arabia expanded by 2.2% y-o-y in 4Q16, bringing GDP growth in 2016 to 1.7% y-o-y. Gross value added in the oil and gas sector posted a 4.6% y-o-y increase in 4Q16, while the non-o...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=60096&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meSarens Transports and Installs Major Oil Rig in IraqThu, 22 Jun 2017 00:00:00 GMTManeuvering through narrow streets in the stifling heat, 24 Sarens employees and 5 police officers successfully delivered an oil rig to the North Rumaila Oil Field in southern Iraq. This super-giant o...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=60091&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meIraq Oil Demand - June 2017Wed, 21 Jun 2017 00:00:00 GMTStrong oil demand in the first four months of 2017 has been observed in Iraq; all main petroleum product categories registered double-digit percentage y-o-y growth, which was notably solid in crude di...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=60043&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meAbu Dhabi Fund Takes 5 percent Stake in Dana GasMon, 19 Jun 2017 00:00:00 GMTGoldilocks Investment Co, an open-ended equity fund which is part of Abu Dhabi Financial Group, said it had bought 5 percent of Abu Dhabi-listed gas producer Dana Gas. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=60059&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meQatargas and Shell Sign New LNG AgreementSun, 18 Jun 2017 00:00:00 GMTQatargas, the World's Premier Liquefied Natural Gas Company, announced the signing of a new Sale and Purchase Agreement (SPA) with Shell. Under the terms of the agreement, Qatargas will deliver up to ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=60033&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meGulf Energy Maritime Signs US$75M Deal with Dubai Islamic BankThu, 15 Jun 2017 00:00:00 GMTGulf Energy Maritime (GEM), has signed an AED275 million ($75 million) with Dubai Islamic Bank (DIB). The agreement marks the first time GEM has raised funding of this kind through Islamic finance.<br...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59972&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meSaudi Arabia, Bahrain, UAE and Egypt Cut Diplomatic Ties with QatarWed, 14 Jun 2017 00:00:00 GMTSince Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic ties with Qatar on Monday 5 June 2017, and moved to close off access to the Gulf country, there have been a few developme...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59917&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meAsian Product Market - June 2017Wed, 14 Jun 2017 00:00:00 GMTThe Asian market weakened in May, pressured by the supply side amid expectations of increasing refinery runs following the end of peak maintenance season. A lack of export opportunities also weighed ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59914&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meQatar Petroleum and Shell Sign LNG Bunkering AgreementTue, 13 Jun 2017 00:00:00 GMTQatar Petroleum’s Wave LNG Solutions and Shell Gas & Power Developments B.V. (Shell) signed a framework agreement to develop liquefied natural gas (LNG) marine fueling – or bunkering – infrastructure ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59969&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meMcDermott Delivers First Jacket from Dammam YardTue, 13 Jun 2017 00:00:00 GMTMcDermott International, Inc. recently celebrated a major milestone with the load-out and installation of the first jacket fully fabricated by the Company at its recently opened Dammam fabrication yar...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59910&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_mePetrofac Secures Five-year Training Agreement with Kuwait Oil CompanyTue, 13 Jun 2017 00:00:00 GMTPetrofac has agreed a five-year relationship with Kuwait Oil Company (KOC) for the provision of specialist technical training and competency development services. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59877&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meEmerson, Saudi Aramco Sign Collaboration Deal on DigitisationMon, 12 Jun 2017 00:00:00 GMTEmerson signed a Memorandum of Understanding (MoU) with Saudi Aramco during the recently held Saudi-U.S. CEO Forum in Riyadh. The agreement signed by David N. Farr, Emerson’s chairman and chief execut...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59869&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meAbu Dhabi Hosts The Maritime Standard Ship Finance & Trade Conference 2017Sun, 11 Jun 2017 00:00:00 GMTThe third annual The Maritime Standard Ship Finance and Trade Conference will take place on November 8th 2017 at the Sheraton Abu Dhabi Hotel and Resort. The event is expected to attract more than 150...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59921&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meWeir Oil & Gas Acquires KOP Surface Products with US$114MSun, 11 Jun 2017 00:00:00 GMTWeir Oil & Gas has entered into an agreement to acquire KOP Surface Products, a provider of advanced pressure control wellhead technologies, systems and services. KOP has a long history and leading ma...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59865&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meSABIC Wins the Best Polymer Producers Award 2017 for PolypropyleneThu, 08 Jun 2017 00:00:00 GMTSABIC has been named a winner of the prestigious Best Polymer Producer Award in the category of Polypropylene at an award ceremony held in conjunction with the European Plastics Converters (EuPC) Annu...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59818&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_mePetrofac Secures Framework Agreement with Petroleum Development OmanThu, 08 Jun 2017 00:00:00 GMTPetrofac has secured a long-term Framework Agreement (FA) with Petroleum Development Oman (PDO) for the provision of Engineering, Procurement and Construction Management (EP+Cm) Support Services for m...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59807&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meAbu Dhabi Petroleum Port Eases Limits on Oil Tankers to and from QatarWed, 07 Jun 2017 00:00:00 GMTAbu Dhabi petroleum port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry sources and shipping circulars seen by Reuters. Abu Dhabi Petroleum Ports Aut...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59794&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meExxon Says Qatar LNG Not Affected by Arab States TensionTue, 06 Jun 2017 00:00:00 GMTExxon Mobil Corp said that production and exports of liquefied natural gas from Qatar have not been affected by rising diplomatic tensions in the Middle East. Saudi Arabia, the United Arab Emirates, B...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59797&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_meQatar has No Plan to Shut Dolphin Gas Pipeline to UAE Despite RiftTue, 06 Jun 2017 00:00:00 GMTQatar has no plan to shut the Dolphin pipeline that transports natural gas to the United Arab Emirates despite the severing of diplomatic ties between the two Gulf Arab nations, officials in both coun...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59766&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_mePDO Signs Oman Energy R&D Protocol with Ministry, Research CouncilMon, 05 Jun 2017 00:00:00 GMTThe Research Council (TRC), The Ministry of Oil and Gas (MOG) and Petroleum Development Oman Company (PDO) signed the Oman Energy Industry-Academia R&D Protocol on 5 June 2017 in the Ministry of Oil a...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59799&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_me