MAIN REGIONAL OIL AND GAS EXPANSION PLANS
 
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Market Report January-September 2005         Download    (254KB)
 

OMAN

 

h PDO signs deal for fourth party logistics services
  
  Source: Oman Observer, 28 June 2005
h Agreement for new LNG carrier signed
 
 
Source: Times of Oman, 23 June 2005
h PDO notches gains in dealing with 'produced water'
   
Source: Oman Observer, 25 June 2005
h Major boost to Mukhaizna oilfield development plants
   
Source: Oman Observer, 22 June 2005
h PDO adopts new method to assess hydrocarbon potential
  
 Source: Oman Observer, 18 June 2005
h Gas production and consumption up as oil exports decline
h ORC expanding refining capacity to 106,000bpd
h PDO exceeds production, cost-saving targets
h Oman, China sign MoU to boost petroleum sector
h Oil and gas concession pact with Irish company signed
h Full steam ahead for Qarn Alam project
h Renaissance to acquire UKís BUE Marine
h PDO announces award of large maintenance contract
h $300m boost for plastics industry
h Pact signed for industrial gases plant at Sohar
h Oil producers may embark on mega projects to boost capacity
h PDO, Trend Micro sign agreement to protect IT assets
h Galfar begins work on $360m PDO contract
h Omifco to begin production soon
h Pact signed for $956m aromatic complex at Sohar
h Oil production pact with US, Abu Dhabi firms
h Sultanate, Thailand sign gas pact
h Reliance Industries wins exploration block in Oman
h PDO commissions Saih Nihayda gas plant
h PDO awards biggest-ever service contracts
h PTTEP inks gas sales deal in Oman
 

KUWAIT

 

h Kuwait oil project seen approved by end-2005
   
Source: FWN Financial News, 23 May 2005
h Kuwait, Hyundai in $400m deal
   
Source: Agence France Presse, 16 May 2005
h Kuwait Petroleum posts seven-fold rise in profits
   
Source: Times of Oman, 28 May 2005
h Kuwait to upgrade refineries
   
Source: Agence France Presse, 15 May 2005
h Kuwait's daily oil refining capacity could exceed 1.2 million bpd
   
Source: Kuwait News Agency, 14 May 2005
h Bids for new Kuwait refinery expected early next year
h Petrofac wins $125 million Kuwait contract
h Kuwait, Iran sign $7b gas deal
 

SAUDI ARABIA

h Statoil sees Saudi upping oil output to 9.9m b/d in 3Q 05
   
 Source: FWN Financial News, 13 June 2005
h BP's Innovene agrees to $2 billion Saudi investment
    
Source: www.gulfandgas.com, 08 June 2005
h Costs rising for Saudi oil expansion plans
   
Source: FWN Select, 01 June 2005
h Saudi Pumping 9.5 Million Barrels Per Day of Oil in May
   
Source: FWN Financial News, 26 May 2005
h Saudi Arabia aims to boost Asian crude sales
   
Source: Reuters, 20 May 2005
h Establishing the first private sector petroleum company
h Technip signs accord for Saudi chemical plant in Yanbu
h New oil gusher discovered in Saudi Arabia
h New light Arab oil well discovered-Minister
h Halliburton successfully installs new sand control system for Saudi Aramco
h Saudi Arabia's oil reserves could be up to 200 billion barrels
h Saudi Aramco signs contracts for two mega projects  
 

UNITED ARAB EMIRATES

 

h Bluewater Energy wins SPM contract from Abu Dhabi Oil Co.
   
Source: Bluewater Energy Services press release, 28 June 2005
h New rig to shore up business
   
Source: Gulf News, 26 June 2005
h Dh4.1b power company set up in Abu Dhabi
   
Source: Gulf News, 22 June 2005
h Mubadala Development & Shell to form strategic alliance
   
Source: Shell press release, 13 June 2005
h Nabors Drilling International: Going deep with new technology
   
Source: AME Info, 01 June 2005
h Mideast energy investment put at $532b in thirty years
h Sky Petroleum to participate in Mubarek field
h Dolphin natural gas begins flowing to Ras Al Khaimah
h
Cegelec gets oilfield power upgrade deal
h Abu Dhabi to up Murban capacity to 1.5m bpd
h Gas projects get big push amid growing demands
h UAE to increase oil output to 3.2m bpd
h Arab gas consumption set to overtake oil demand in 2005
 

QATAR

 

h Dolphin Project to handle 3.2bcf/d gas in initial phase
     Source: The Peninsula, 30 May 2005
h Qatar to tender oil block in mid-July
     Source: FWN Financial News, 25 May 2005
h Qatar to produce 24b SCF of gas a day starting 2010
     Source: FWN Financial News, 18 May 2005
h Qatar and Kuwait plan petrochem ventures
   
Source: Reuters, 20 May 2005
h Qatar to build world's largest petrochemical plant
  
Source: Foreign Information Agency of the State of Qatar, 17 May 2005
h Qatar seeks LNG sales to China
h Qatar hopes to raise UAE gas supply to 3b cubic feet
h Qatar will deliver gas to Dubai from 2007
h Gulf set to become the leading exporter of petrochemicals
h
India to import crude from Qatar
h Qatar to spend $15b on LNG ships, says Al Attiyah
h Al Shaheen field offshore facilities inaugurated
 

YEMEN

 

h DNO to accelerate Yemen drilling program
h Calvalley declares Block 9 in Yemen commercial
h Updated reserves in Nabrajah, block 43 Yemen
h South Korea to explore oil block in Yemen
h Vintage Petroleum finds oil in third Yemen well
h Yemen LNG signs three LNG sales agreements
 

LIBYA

 

h Investors pack London launch of 2nd Libya oil round
h U.S. producers in search of Libyan oil again
h Libyan National Oil and Shell ink major gas deal
h
Occidental signs new exploration contracts in Libya
h ChevronTexaco wins onshore block in Libya
h Indian oil firms win in Libya bid
 

IRAN

 

h India and Iran sign $18-bn gas deal, set up group on pipeline
h Iran grans Indian oil firms access to Persian Gulf block
h Iran signs contract to develop South Pars phases 17 & 18
h Total may increase stake in Iranís Pars LNG project
h Thai, Chinese firms sign deals to develop Iran oil fields
h NIOC to develop Resalat, Reshadat oil
h Iran signs deal to export LNG to India
h Oil minister: Iran owns 27.5 trillion cm of proven gas reserves
h OMV makes first oil discovery in Iran
 

IRAQ

 

h Oil and gas firms bid for US$40 billion 'Rebuild Iraq' projects
h Gulfsands raises stake in Misan Gas Project in Iraq to 100%
h Iraq unveils 10-uear, multi-billion dollar plan to boost oil output
h Hydro signs cooperative agreement with Iraq
h Pertamina to develop oil blocks in Iraq
h Oil-rich Iraq wants to end gasoline imports
h Japex to provide technical support to Iraq's oil industry
h Iraqi exports 'can hit 2m bpd by third quarter'
 


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