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Zadco set to award $4bn in contracts

Abu Dhabi-based oil and natural gas exploration and production firm, Zakum Development Co (Zadco)... Read full article »
United Arab Emirates: Wednesday, October 21 - 2009 at 10:27

Ras Azzour cost estimate cut by 20-25%

Fuhaid bin Fahd al-Sharif, head of Saudi Arabia's giant power and water desalination project, Ras... Read full article »
Saudi Arabia: Wednesday, October 21 - 2009 at 10:21

Saudi Electricity inks $1.8bn power deal

Saudi Electricity said today it has signed a contract with Doosan Heavy Industries & Construction... Read full article »
Saudi Arabia: Tuesday, October 20 - 2009 at 16:10

UAE power project secures $2.15bn financing

Abu Dhabi Water & Electricity Authority has secured a $2.15bn long-term financing deal for the... Read full article »
United Arab Emirates: Tuesday, October 20 - 2009 at 09:38

Kuwait refinery project may be relaunched

Sheikh Ahmad al-Fahad al-Sabah, Kuwait's deputy prime minister for economic affairs, has said... Read full article »
Kuwait: Tuesday, October 20 - 2009 at 09:33

Oil prices rise above $79

Oil prices climbed above $79 a barrel to a 2009 high on Monday in Asia, reported AP. Benchmark... Read full article »
Middle East: Monday, October 19 - 2009 at 10:23

Iraq to launch second auction for contracts

Abdul-Mahdy al-Ameedi, deputy director of Iraq's Petroleum and Licensing Directorate, has... Read full article »
Iraq: Monday, October 19 - 2009 at 10:06

Shell cuts gas flaring in Iraq

Royal Dutch Shell has said it has reduced gas flaring at oil fields in southern Iraq by 15-20%,... Read full article »
Iraq: Monday, October 19 - 2009 at 10:04

Taqa CEO steps down

Peter Barker-Homek, the outgoing chief executive of Abu Dhabi National Energy Co (Taqa) has said... Read full article »
United Arab Emirates: Sunday, October 18 - 2009 at 11:15

Opec Iraq targets 'years away'

Opec secretary general Abdullah al-Badri has said that the group is unlikely to confer an oil... Read full article »
Iraq: Sunday, October 18 - 2009 at 11:12

BP Rumaila deal approved

Iraq's cabinet has approved a contract with British Petroleum (BP) and China's CNPC to develop... Read full article »
Iraq: Sunday, October 18 - 2009 at 11:09

Yemen begins LNG production

Yemen has begun the production of liquified natural gas (LNG) at its liquefaction plant October... Read full article »
Yemen: Saturday, October 17 - 2009 at 10:22

Dana Gas, Crescent Oil plan Anbar gas city

UAE-based Dana Gas and Crescent Oil plan to build a gas city in Iraq's western province of Anbar... Read full article »
Iran: Thursday, October 15 - 2009 at 11:13

Oman Oil buys Reliance stake

Oman Oil Company (OOC) has said that it has bought 30% stake in block 18 and a 25% share in block... Read full article »
Oman: Thursday, October 15 - 2009 at 10:55

World Bank loan for Egypt power plant

Egypt's Minister of Electricity Hassan Younes has said the country will receive an EGP3.4bn ($... Read full article »
Egypt: Thursday, October 15 - 2009 at 10:50
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