Author: Rigs & Barge World
The two offshore packages form part of Al-Khafji Joint Operations’ multibillion-dollar Dorra field gas development in the waters of the Saudi-Kuwait Neutral Zone Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights SUBSCRIBE To MEED REGISTER to unlock sample content Source link
Saudi Arabia’s crude oil exports from the Red Sea are increasingly being conducted without visible vessel-tracking signals as tankers seek to avoid attacks by Yemen’s Iran-aligned Houthis, creating significant uncertainty over the scale of disruptions to the Kingdom’s oil flows. All recent crude loadings from Saudi Arabia’s Red Sea port of Yanbu have been conducted without continuous Automatic Identification System (AIS) signals, according to shipping analysts cited by Reuters. The growing use of so-called “dark voyages” is making it more difficult for traders and institutions, including the International Energy Agency (IEA) and OPEC, to accurately assess Saudi export volumes. The…
Opec crude oil production increased by 1.54mn b/d last month as the US-Iran détente enabled Gulf producers to increase output. Although the MoU unraveled during the first half of the month and Iran resumed attacks on shipping in the Gulf, clandestine shipments through the Strait of Hormuz continued. The production increases lifted Opec output to 20.39mn b/d, its highest level since February. Most of the gains came from Iraq, Saudi Arabia and Kuwait, although there was also some growth outside the Gulf (see table). (CONTINUED – 1013 WORDS) Read this article for free Gain access to over 60-years of energy…
The company is conducting “a thorough assessment” of a project to develop a major gas processing facility that will be able to handle high volumes of gas once its parent, Adnoc Group, unlocks the Bab gas cap reservoir onshore Abu Dhabi Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights SUBSCRIBE To MEED REGISTER to unlock sample content Source link
Karim Badawi, Minister of Petroleum and Mineral Resources reviewed progress on a number of phosphate and phosphoric acid projects as the ministry seeks to develop higher-value industries around the country’s mineral resources. The projects aim to turn phosphate ore into fertilizers, phosphoric acid and other products through partnerships with Egyptian and international investors. Badawi said maximizing the value of mineral resources remains a key priority for the ministry’s mining sector strategy. Egypt has promising mineral resources, he said, adding that the focus should shift from extracting and exporting raw materials toward building industries around them to generate greater economic returns.…
State oil marketer Somo issued a tender on 2 August to sell 268,131 tons (1.79mn barrels) of straight-run high-sulfur fuel oil (SRHSFO) stored on board the US-sanctioned floater Hellstugutinden after securing a waiver from the US’ Office of Foreign Assets Control (Ofac) allowing the sale. The waiver was issued on 9 February, shortly before the start of the Middle East conflict that has restricted exports from Iraq’s Basra terminals through the Strait of Hormuz. The cargoes are to be lifted Ex-Floater in one or two lots in the Khor al-Zubair lightering area, with bids closing on 11 August. The Hellstugutinden…
Through the project, the Qatari state enterprise aims to upgrade crude stabilisation facilities on Halul Island and build a new interconnecting pipeline to the NGL facilities in Mesaieed Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights SUBSCRIBE To MEED REGISTER to unlock sample content Source link
TAQA Arabia, through its subsidiary Rosetta Energy Solutions, Tanzania Petroleum Development Corporation (TPDC) and Africa50,a pan‑African infrastructure investment platform, have signed an agreement to develop a small-scale liquefied natural gas (LNG) project in Tanzania, according to Reuters. The partners plan to invest in, develop and operate the facility to supply Tanzania’s industrial, residential and transport sectors, as well as customers outside the existing gas pipeline network with gas. TPDC will supply gas to the facility, which will liquefy locally produced natural gas to be transported by dedicated vehicles, helping expand access to domestic gas resources and reduce reliance on higher-cost,…
Egypt’s electricity load hit a record 40,000 megawatts (MW) on August 11, up 700 MW from the previous day’s 39,300 MW, as the grid continues to absorb unprecedented summer demand driven by extreme heat, according to the National Energy Control Center (NECC). The peak surpasses last year’s high of 39,800 MW, underscoring the sharp rise in consumption during the 2026 summer season. The unified grid has so far met demand, supported by efficiency upgrades, maintenance programs, and adherence to international standards. Egypt has been gripped by severe heatwaves this summer, with thermometer readings consistently exceeding 40°C during daytime. Electricity Minister…
Saudi Aramco had awarded the package – part of a wider project to boost gas compression capacity at the Shedgum and Uthmaniyah processing plants – to a joint venture of Italy’s Saipem and local contractor Nasser Saeed Al-Hajri & Partners Register for MEED’s 14-day trial access Saudi Arabia-based Saipem Nasser Saeed Al‑Hajri Contracting Company (SNSH) – a joint venture of Italian contractor Saipem and local contractor Nasser Saeed Al‑Hajri & Partners Company for Contracting – has kicked off work on the Uthmaniyah gas compression plant package in Saudi Arabia. The package forms part of a wider Saudi Aramco project to boost gas…