LUKOIL RETAINS ITS RANK IN PLATTS ‘TOP 250 ENERGY COMPANIES’ LIST

Thursday, October 23rd, 2008

LUKOIL ranked 8th among European,Middle East and African companies and 11th among global companies in the American energy agency Platts 2008 ‘Top 250 Energy Companies’ List. All companies were ranked by ...


Chiyoda Awarded EPC Competition Contract for ExxonMobil’s Papua New Guinea LNG Plant

Friday, October 17th, 2008

YOKOHAMA, Japan--(BUSINESS WIRE)--Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004) announced the award of an EPC Competition Contract for participation in an EPC design competition of the LNG Plant and associated facilities for an ExxonMobil-operated ...


Zion Oil & Gas and Aladdin Middle East Agree to Defer Signing Drilling Contract by One Month

Friday, August 1st, 2008

CAESAREA, Israel--(BUSINESS WIRE)--Zion Oil & Gas, Inc. (Amex: ZN) of Dallas, Texas and Caesarea, Israel announced today that Aladdin Middle East ("AME") and Zion have amended their June 18 protocol ...


Air Liquide: Middle East: US$200 Million Investments Coming to Fruition

Thursday, July 31st, 2008

 Regulatory News: Middle Eastern countries have double digit rates of GDP growth, leading to growth in the industrial gas market exceeding +20% per year. Industrial markets in the zone, such as ...


EOC’s 9M FY08 Net Profit Swells 267%

Thursday, July 10th, 2008

EOC Limited: EOC’s 9M FY08 Net Profit Swells 267% amid Robust Offshore Construction and Pipe Laying Activity Topline balloons 6 fold as Group’s new heavy lift accommodation pipelay vessel, Lewek Champion, ...


Oil News from the Middle East

Monday, July 7th, 2008

ADNOC announces retrospective crude prices for June 2008 According to Emirates News Agency, WAM, The Abu Dhabi National Oil Company (ADNOC) yesterday announced the retrospective prices for June 2008 for Abu ...


Transocean GSF Rig 127 Drills Deepest Extended-Reach Well

Wednesday, May 21st, 2008

HOUSTON, May 21, 2008 (PRIME NEWSWIRE) -- Transocean Inc. (NYSE:RIG) today announced that the Transocean jackup GSF Rig 127 set a world record for the longest extended-reach well ever drilled ...


GE Compression Technology Selected to Increase Production of Depleted Gas Wells in Oman

Friday, April 25th, 2008

Contract Covers Several Projects Over Seven Years FLORENCE, ITALY - April 24, 2008 :- For more efficient extraction of gas from depleted wells in four of its gas fields, Petroleum Development ...


Coda 3D Sonar Product to be Deployed in Middle East for Underwater Construction

Wednesday, April 16th, 2008

NEW YORK--(BUSINESS WIRE)--Coda Octopus Group, Inc. (OTCBB: CDOC), designer, developer and manufacturer of the unique, patented 3D real time sonar, the Coda Echoscope™, and other underwater technologies, today announced an ...


Alfa Laval Wins SEK 50 Million Refinery Order in the Middle East

Thursday, March 13th, 2008

STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: Alfa Laval (STO:ALFA) – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for the unique Alfa Laval Packinox plate ...


Global Industries Awarded Two Middle East Contracts Totaling $35 Million

Thursday, March 13th, 2008

CARLYSS, LOUISIANA (March 11, 2008) – Global Industries, Ltd. (Nasdaq: GLBL) today announced that two of its subsidiaries have received contract awards worth a total of approximately $35 million. One ...


Alfa Laval Receives SEK 100 Million Power Order from the Middle East

Friday, February 29th, 2008

STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: Alfa Laval (STO:ALFA) – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for crude oil treatment at a ...