Industry

Oman's oil output jumps 6.6 per cent in 2010

Oman_Oil_Output

Oman's oil output and exports jumped significantly in 2010 with the country's oil output rising by 6.6 per cent in the first ten months of 2010 compared to a year ago and oil exports increasing by 10.4 per cent, the latest figures from the Ministry of Economy revealed.

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Leighton Offshore wins US$733 million Iraqi project

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Leighton Offshore was awarded an EPC contract with Iraq's South Oil Company to install three single point moorings (SPMs) and 120 kilometres of 48-inch pipelines in the Arabian Gulf, offshore Iraq.

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2010 proved to be quiet for Middle East oil contractors

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2011 will hopefully bring greater activity to oil engineering firms across the Middle East who will be looking for a pickup in oil and gas contract awards after 2010 proved to be a very quiet year.

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2011 will see Saudi Aramco store crude in Japan

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Saudi's state-run oil giant Saudi Aramco signed a contract with state-run Japan Oil, Gas and Metals National Corp (JOGMEC) that would allow the Saudi company to store crude oil in Japan from February 2011 onwards.

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Iraq plans to build oil pipeline to Jordan

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Iraq and Jordan have agreed in principle on building a pipeline between both countries to supply Amman with crude oil for the coming decades, officials announced after a visit to Iraq by Jordan's prime minister, Samir Rifai.

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