Methanol Holding Int'l (50%), MAN Ferrostaal of Germany (20%) and Omzest (30%) are grouped in Oman Methanol Co. (OMC) which has a 3,000 t/d methanol plant built in Sohar in late 2007. Instead...
There are seven crude oil, natural gas and condensate producing ventures in Oman other than PDO. Together they are producing 265,500 b/d of crude oil, condensates, LPG, and over 375 MCF/d of gas....
Iraq's crude oil output in 2012 is set to average 3.4m b/d, including 175,000 b/d from Kurdistan. With oil accounting for almost all Iraqi state income, Baghdad is preparing to become the world's...
The Donnybrook Energy Bigstone Hz 15-32-60-22 W5M well (25% working interest to Pennant) encountered 2744 m of high quality Montney reservoir with strong gas shows and excellent penetration rates. The reservoir encountered is...
The State-owned Oman Gas Co. (OGC) has expanded its gas network with a pipeline tying the Nimr field to Salalah on the south-western coast. The MOG has said domestic demand for natural gas...
Construction a cure for crisis, Kazakh president tells nation Kazakh President Nursultan Nazarbayev announced some grandiose new industrial projects in his annual address to the nation on January 27. These projects, he said,...
Lundin Petroleum is in ongoing negotiations with Det norske Oljeselskap ASA, operator of license PL001B, in relation to a coordinated development solution for the Luno and Draupne fields and we expect an agreement...
MANAVIGATOR-January 23, 2012-M&A Navigator: Deal pipeline - 23 January The following is a list of deals covered in detail by M&A Navigator this week: - CABOT CLOSES SALE OF SUPERMETALS UNIT TO GAM...
Declares Quarterly Distribution of $1.16 Per Unit HOUSTON -- Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today declared a quarterly cash distribution per common unit of $1.16 ($4.64 annualized) payable on Feb. 14,...
New Long-Term Gathering, Processing, Transportation Agreements for Lucius, Hadrian South Fields Signed in Support of New Project TULSA, Okla. -- Williams Partners L.P. (NYSE: WPZ) and DCP Midstream Partners, LP (NYSE: DPM) today...
The first phase of EPC's complex at Ameriya came on stream in early 1986. A $700m second phase involving public sector banks and insurance firms as partners of EPC came on stream in...
Three new high-performance PTZs offer resolutions up to 1080p HDTV with 20x zoom and operate in temperatures up to 165x F CHELMSFORD, Mass. -- Axis Communications, the world leader in network video, today...
PARIS -- Regulatory News: Technip (Paris:TEC) was awarded two contracts by the international energy company Statoil, worth a total of around [euro]55 million, for the Vilje South field and Visund North developments located...
HOUSTON -- Hoover Energy Partners LP ("Hoover") announced today that it has acquired a 50-mile natural gas gathering system, water transportation system and water disposal well located in Reeves County, Texas from Eagle...
PARIS -- Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) was awarded by Nexen Petroleum U.K. Limited a lump sum contract, worth approximately [euro]135 million, for the Golden Eagle development located 110 kilometers North-east of Aberdeen...
SAN RAMON, Calif. -- Chevron Corporation (NYSE: CVX) today reported in its interim update that earnings for the fourth quarter 2011 are expected to be significantly below third quarter 2011 results. Absent foreign...
CHICAGO -- Monroe Capital LLC today announced the funding of a $21 million junior term loan and equity investment in partnership with Benton-Georgia's senior lender, Wells Fargo Bank, which provided a $30 million...
First Reserve's Energy Infrastructure Fund (FREIF) has partnered with Beowulf Energy (Beowulf) to invest in power generation and midstream assets in the Eastern Caribbean. The initial investment consists of the purchase from Beowulf...
FAIRFAX, Va. -- ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been awarded a new contract to support the energy efficiency portfolio for...
Egypt has ten refineries with a combined nominal capacity of 975,300 b/d. But part of it is too old and not operable. This sector still is the biggest in Africa. The government has...