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Gazprom Neft Increases Production in KRI

Date : Dec 12, 2019

Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its three-millionth tonne of oil since starting commercial production at the Sarqala field in the Kurdistan Region of Iraq (KRI).

 

Total cumulative production at the Sarqala field has reached three million tonnes, or 23 million barrels of oil, as at December 2019. Daily liquid hydrocarbon production at this asset is currently running at 4,000 tonnes of oil, or 30,500 barrels, per day.

 

First oil was obtained at the Garmian block (which the Sarqala field is part of) in 2011, with commercial crude shipments commencing in 2015, ...

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Chinese Firm to Set-up $20mn Pipe Factory in Sohar

Date : Dec 02, 2015

Well-known Chinese steel mill Jiangsu Changbao Steel Tube Co says it plans to set up a manufacturing facility in the Sultanate specialising in the production of steel piping and related goods for the domestic and...

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GlassPoint Solar Achieves 50% Omanisation

Date : Dec 02, 2015

GlassPoint Solar has announced that its Oman organisation has achieved 50 per cent Omanisation, in line with its efforts to contribute to local human capital development.

 

This year the...

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Aramco Keen on Increasing Local Market Goods and Services Usage

Date : Dec 02, 2015

Saudi Aramco wants to double to 70 percent the amount of goods and services it sources from the local market by 2021 as the kingdom's oil giant outlined plans to spend $300 billion on its supply chain in the next 10...

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Petrol Price Cut By 58 Paise a Liter, Diesel by 25 Paise wef Midnight

Date : Dec 01, 2015

Oil firms have cut petrol prices by 58 paise per liter and diesel by 25 paise in Delhi in line with changes in international rates and the exchange rate, which has made the landed price of imports cheaper. The new prices will be...

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NTPC's Solapur Super Thermal Power Station Faces Water Constraints

Date : Dec 01, 2015

The NTPC's beleaguered Solapur Super Thermal Power Station has run into troubled waters again. The Maharashtra Government is insisting that the company should use recycled water for the plants...

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Iran to Surpass Qatar in South Pars Gas Production

Date : Dec 01, 2015

Iran will overtake Qatar in terms of producing gas from the huge offshore South Pars gas field the one it shares with Qatar, Iranian deputy oil minister stated.

 

Roknoddin Javadi, who is also the managing...

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Kuwait Appoints New Acting Oil Minister

Date : Dec 01, 2015

Kuwait on Sunday appointed Anas al-Saleh as acting oil minister in addition to his roles as finance minister and deputy prime minister.

 

Sources familiar with the matter said 10 days ago that Omair...

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State to Sign MoU with Suzlon for Producing 4,000 MW Renewable Energy

Date : Nov 30, 2015

Andhra Pradesh government has decided to enter into a MoU with Suzlon Energy Ltd for manufacture and development of 4,000 MW Renewable Energy Power Projects in the State.

 

According to a GO...

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Maharashtra Govt Plans to Build a 'Model Smart City’

Date : Nov 30, 2015

The Government of Maharashtra plans for another smart city in the Navi Mumbai region to be built by the City and Industrial Development Corporation (CIDCO).

 

The proposed city will be showcased as a...

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Punjab Govt Identifies Three Cities for Smart City Project

Date : Nov 30, 2015

The Punjab government is all set to submit smart city proposals for Amritsar, Ludhiana and Jalandhar to the Central Government for competing in State-II City Challenge under Smart City Mission.

 

Detailed...

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L&T Wins GCC Power Contracts

Date : Dec 12, 2019

India's top engineering and construction firm Larsen & Toubro (L&T) said its key subsidiaries have secured orders from prestigious clients in GCC and India for its varied businesses.   The first one is from the UAE for the design, supply and construction of a 132kV substation project along with associated 132kV cabling works for one of the government utilities in the emirates clinched by the construction arm of L&T, said a statement from the Indian construction giant.   Additional orders have also been won in ongoing projects in the Middle East, it stated.   The second is a major add-on order from an existing clie...

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India: Demand Raised for Viability Gap Funding for Andhra Petrochemical Project

Date : Dec 12, 2019

A demand to provide viability gap funding for a petrochemical project at Kakinada in Andhra Pradesh was made in Rajya Sabha on Monday. Raising the issue through a Zero Hour mention, K V P Ramachandra Rao of the Congress said a...

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Alba Refinances $1.5bn Line 6 Expansion Syndicated Loan Facility

Date : Dec 12, 2019

Aluminium Bahrain (Alba), the world’s largest smelter excluding China, has announced the successful refinancing of its $1.5-billion syndicated loan facility in connection with its ambitious Line 6 expansion...

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Work Begins on Largest Gas Storage Tank in Middle East

Date : Dec 12, 2019

The CEO of the National Iranian Gas Company (NIGC) said drilling of the first appraisal well in Ghezel Tappeh Reservoir, Golestan, had started to develop the Middle East’s largest gas storage...

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Bahrain Cabinet Approves $1.62bn Utility Projects

Date : Dec 11, 2019

Bahrain Cabinet, chaired by HRH Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Premier, has approved projects worth BD 615 million ($1.62 billion) to expand the kingdom’s electricity...

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Sagia Joins Xylem to Develop Localised Water Products

Date : Dec 11, 2019

Saudi Arabian General Investment Authority (Sagia) has partnered with Xylem, a leader in water technologies, to develop and localise advanced water and wastewater products and technologies in a bid to address water challenges in Saudi...

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Overhaul of 22 South Pars Gas Platforms Complete

Date : Dec 11, 2019

Overhaul operations of 22 offshore platforms in South Pars Gas Field has come to an end after 160 days.

 

Head of Production Operations at the Pars Oil and Gas Company (POGC) said the annual overhauls were...

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Nemji Solar Plans to Start 1 GW Solar Module Manufacturing Unit by April, 2020

Date : Dec 11, 2019

Nemji Solar, a new entrant into the solar industry has announced that it plans to start operating a 1 GW solar module manufacturing facility by April 2020.

 

The Gujarat-based company also said that it plans...

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Odisha to Privatise State-Owned Electricity Distribution Companies

Date : Dec 09, 2019

The government of Odisha is set to privatise four state-owned electricity distribution companies.

 

Crisil has been given the mandate for managing the sale of Western Electricity Supply Utility of Odisha...

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POGC to Soon Complete Offshore Section of South Pars Phase 14

Date : Dec 06, 2019

The operator of phase 14 development project of the South Pars gas field said the offshore section of the project would be complete this month.

 

According to the Pars Oil and Gas Company (POGC), Mohammadi...

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