Iran has stored 1.3 billion cubic meters of gas in Sarajeh gas storage facility, managing director of the Natural Gas Storage Company (NGSC) Massoud Samivand said. “The stored gas will be pumped into the national gas network as of next month,” he said, Iran’s SHANA news agency reported. “Some 300 mi
The regional maritime industry in the UAE is facing a demand surge for multi-purpose vessels on the back of dramatic growth being witnessed by the offshore sector. According to statistics revealed recently, 2013 is set to see massive expansion for the region’s oil & gas industry, with regional playe
With the energy crisis that is severely affecting Pakistan, Engro Corporation subsidiary Elengy Terminal Pakistan Limited (ETPL) has bid for the fast track LNG contract to import up to 3MTPA of LNG or 400MMSCFD of RLNG (Natural Gas) for the next fifteen years. Over the last 7 years Engro’s investmen
Prime Minister Abdullah Ensour said on Saturday that the port city of Aqaba is Jordan’s sole sea gateway that had been an economic and naval “beacon” connecting the Levant and the Arab Maghreb. In remarks at the opening of a meeting of the 47th session of the Arab Sea Ports Federation board in Aqaba
Emirates LNG, Mubadala’s joint venture with International Petroleum Investment Company (IPIC), said that the Abu Dhabi Executive Council has approved its proposed 9 mtpa LNG import terminal to be located at Fujairah. “Emirates LNG will seize this opportunity to establish itself as a key player in th
The National Oil & Gas Authority (NOGA) and The Oil and Gas Holding Company have jointly arranged a short presentation aiming to provide an update on the Liquefied Natural Gas (LNG) project in particular with respect to the siting of the facilities and the way forward to pursue this strategic projec
Qatari Minister of Industry and Energy Mohammed Saleh Abdulla Al Sada has stressed the need for the adoption of appropriate approaches for the development of gas fields. “Establishment of Gas Exporting Countries Forum (GECF) has been an effective step for further development of this industry,” the Q
FoundOcean, the largest dedicated offshore construction grouting company in the world, has announced its further overseas expansion with the opening of its newest office in the Middle East. “The region is a key oil and gas hub of the world” explained Jim Bell, Managing Director of FoundOcean. “And w
Top News of The Week November 4-9, 2013
FSG Launches Amazon Warrior Seismic Vessel Flensburger Schiffbau-Gesellschaft successfully launched the first of two offshore seismic vessels for the WesternGeco concern. The ship was Hull No. FSG 760 and she was named Amazon Warrior. SBM Offshore COO Dismissed SBM Offshore confirms that effective i
Water poses a variety of business risks for the energy industry, and could play an influential role in shaping the future energy supply mix, according to Wood Mackenzie’s latest research report “Troubled waters ahead? Rising water risks on the global energy industry”, which utilizes data and maps fr
Wärtsilä, the marine industry’s leading solutions and services provider, will be showcasing its innovative and high-technology products and systems for customers in the oil and gas industry at ADIPEC 2013. Wärtsilä brings valuable and unique experience across the whole oil and gas value chain. By co
Lamprell has completed and delivered the first of two Caspian Sea jackup rigs to the client, marking another significant milestone for the Group. The rig has now been delivered to the client and was recently towed out from the Astrakhan re-assembly yard to start operations on its first contract else
The Aqaba Container Terminal (ACT) Berth Expansion Project, which has doubled the capacity of the county’s largest Red Sea port, was officially opened by His Majesty King Abdullah II of Jordan with the addition of 460 meters of quay to the existing 540 meters. The ceremony marked the successful comp
