:: Building strategic alliances
Posted: 19 January 2006
Dana Gas, the United Arab Emirates ’ private sector natural gas company, has appointed Rashid Saif Al-Jarwan as general manager of the company.

:: Gulf Energy Maritime expands
Posted: 19 January 2006
Dubai ’s Gulf Energy Maritime has signed a $180 million contract with South Korea ’s Hyundai Mipo Dockyard for the building of four high specification double hulled product/chemical tankers.

:: Continuous rise in oil prices will affect global economy: EIB study
Posted: 18 January 2006
Global economic growth has proved resilient despite the significantly high oil prices for almost two years, but the global economy could be affected if the prices were to come close to $100 a barrel, according to a new study by the Emirates Industrial Bank.

:: Oil price drives UAE’s net earning to earn over $45 billion in 2005, set to earn more in 2006
Posted: 18 January 2006
Strong oil prices boosted the UAE's oil export earnings to their highest ever level of more than US$45 billion in 2005 and the income is projected to be even higher this year, according to official US estimates.

:: Takreer boosts gasoline and low sulphur gas production
Posted: 17 January 2006
The Abu Dhabi Oil Refining Company (Takreer), a subsidiary of state-run Abu Dhabi National Oil Co has installed two new plants to increase gasoline production with improved environmental specifications.

:: Thailand’s PTTEP finds oil and gas in Oman
Posted: 17 January 2006
Thailand's PTT Exploration and Production PCL has discovered natural gas, crude oil and condensate in its Shams-4 exploration well at its Block 44 project in Oman, said PTTEP’s statement in Thailand’s stock exchange.

:: Burren energy expands exploration in Yemen and Oman
Posted: 17 January 2006
Burren Energy signed a new production sharing agreement (PSA) in Yemen’s block six and a farm-in agreement with Oman Hunt, a subsidiary of Hunt Oil to acquire a 40 per cent non-operated interest in Oman’s offshore block 50.

:: Petrotech opens today in Bahrain
Posted: 16 January 2006
More than 1,000 industry professionals and VIP guests are expected to attend the fifth Middle East International Refining and Petrochemicals Conference and Exhibition (Middle East Petrotech 2006), which opens for trade visitors today until 18 January.

:: Abu Dhabi confirms CNG and low-sulphur diesel as alternative fuel
Posted: 16 January 2006
The plan to use compressed natural gas (CNG) and low-sulphur diesel as alternative fuel was finally approved by the Abu Dhabi Executive Council.

:: Abu Dhabi to build new port and industrial zone at Taweelah
Posted: 16 January 2006
Abu Dhabi unveiled its plan to develop a new port and industrial area at Taweelah on the coastline halfway between the cities of Abu Dhabi and Dubai, said government news agency WAM.

:: 2006 is testing times for GCC, says Gulf Research Centre
Posted: 16 January 2006
The Gulf in 2006 is likely to witness a period of high economic growth, modest decline in oil prices, significant political developments, rise in tension due to events in Iran and Iraq , intense counter-terrorism measures, and a slow shift in focus toward Asia in the realm of international relations, according to experts at the Dubai-based Gulf Research Center (GRC).

:: Dolphin Energy takes over Al Ain–Fujairah pipeline operation
Posted: 16 January 2006
Dolphin Energy Limited took over the operations and maintenance of its Al Ain to Fujairah natural gas pipeline from Emirates General Petroleum Corporation (Emarat) who had managed the two-year old pipeline from January 2004 to December 2005.

:: Combating gas leakages
Posted: 16 January 2006
Norway’s oil industry’s combined efforts to avoid gas leakages bore fruit. In 2003, there were over 40 leakages exceeding 0.1kg/second. In 2005, the number of leakages of equivalent magnitude was reduced to less than 16.

:: Gastech call for papers date extended
Posted: 16 January 2006
The deadline for the call for papers for the 22nd Gastech international conference and exhibition for the LNG, LPG and natural gas industries, to be held in Abu Dhabi 4-7 December 2006 has been extended until Friday 17 February 2006.

:: GE to supply 12 new compression stations in China
Posted: 16 January 2006
GE's Oil and Gas business will supply equipment for the expansion of China's landmark West-East Gas pipeline project, one of the country's most critical infrastructure projects of the 21st century.

:: Offshore well numbers unlikely to grow but spending will surge
Posted: 16 January 2006
Despite declining well numbers in many offshore areas, drilling services will attract a flood of cash for the industry “if you know where to look,” says Dr Michael R. Smith of Energyfiles.

:: Analyser maximizes productivity
Posted: 16 January 2006
Thermo Electron has developed a new application for the analysis of total petroleum hydrocarbons using its Trace GC Ultra Flame Ionization Detection (FID) system coupled with an ultra fast option.

:: Three ministers visited Kårstø
Posted: 16 January 2006
Thermo Electron has developed a new application for the analysis of total petroleum hydrocarbons using its Trace GC Ultra Flame Ionization Detection (FID) system coupled with an ultra fast option.

:: Mid-east machine tools market to further boom
Posted: 16 January 2006
The market for machine tools in the Middle East is fast booming, says the organisers of SttelFab, an event that will feature the largest display of steel machinery in the Middle East.

:: Kuwait Oil Company gets high speed automation network
Posted: 16 January 2006
Invensys will supply Kuwait Oil Company (KOC) with its new Foxboro automation network.

:: CDA awards Well DataStore contract to Schlumberger
Posted: 16 January 2006
Common Data Access Limited (CDA), a subsidiary of the UK Offshore Operators Association has awarded Schlumberger Information Solutions a contract to manage and develop the CDA Well DataStore, one of the largest single collections of digital oil and gas well information.

:: PTTEP and partners strike on Algeria’s Bir Seba Field
Posted: 16 January 2006
PTTEP's Algerian subsidiary, PTTEP Algeria Co., Ltd. and partners PetroVietnam and Sonatrach have made an oil discovery on Blocks 433a and 416b in Algeria.

:: BP wins 2006 catalyst award
Posted: 16 January 2006
BP has been recognised with a Catalyst Award for successfully building inclusive environments and expanding opportunities for women at work.

:: Yukos to apply Sibneft dividend to tax liability
Posted: 16 January 2006
Yukos Oil Company has been paid the dividend from OAO "Sibneft" in the amount $417,067,778.88, the company said in a statement.

:: Symantec to acquire IMlogic
Posted: 16 January 2006
Symantec said it has signed a definitive agreement to acquire IMlogic, a market leader in enterprise software for instant messaging . IMlogic’s technology provides a complete solution to control and secure public and enterprise IM networks while ensuring compliance with regulatory and corporate governance policies.

:: Middle East jack-up at $120,000 day rate
Posted: 14 January 2006
Thule Drilling has received a letter of intent from one of the major national oil companies in the Middle East for the Thule Power jackup. The LOI is subject to final terms and conditions and is expected to be finalized by the end of February 2006.

:: Seismic acquisition completed on Syria’s block 26
Posted: 14 January 2006
Gulfsands said it has completed the acquisition of approximately 1,155 line kilometres of 2D seismic data within Block 26 exceeding the 500 line kilometre minimum work obligation for the Initial exploration period. Processing of the seismic data is expected to be completed in the first quarter of 2006.