Algerian PM Inaugurates New Gas Compression & Reinjection Station
27/02/2020 09:47 GMT

Algeria’s Prime Minister, Abdelaziz Djerad, inaugurated on Monday in Hassi Massaoud, a new gas compression and reinjection station, with a production capacity of 24 Mcm/d. Sonatrach owns this new... More

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Bahrain Extends Suspension of Dubai, Sharjah Flights
27/02/2020 08:58 GMT

Bahrain's Civil Aviation Affairs (CAA) has announced that, effective immediately, it has reduced the number of incoming regional flights and has extended the suspension of all flights arriving from... More

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Apache Corp, Pharos Energy Among Bidders for Shell's Egypt Onshore Assets
27/02/2020 09:03 GMT

Royal Dutch Shell’s onshore Egyptian oil and gas assets have drawn interest from American, Egyptian, Asian and Middle East bidders, two sources familiar with the matter told Reuters. Shell launched a... More

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Iran Targets Russia, India as Future Tourism Markets
27/02/2020 05:44 GMT

Iranian Tour Operators Association Director Ebrahim Pourfaraj has said that the country is considering Russia and India as its main tourism markets for the future.“We have now become active in... More

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Iraqi Oil Ministry Finalizes Export Figures for January
27/02/2020 05:41 GMT

Iraq’s Ministry of Oil has announced final oil exports for January of 102,485,591 barrels, giving an average for the month of 3.306 million barrels per day (bpd), down from the 3.428 million bpd... More

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Kuwait Excludes Oil Carriers from Ban on Foreign Ships to Fight Virus
26/02/2020 09:22 GMT

Kuwait has barred foreign ships, except those carrying oil, from departing to or arriving from several countries to prevent the spread of the coronavirus, according to a notice seen by Reuters on... More

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FM: World Leaders Silent on Libya to Avoid Decline in Oil Prices
26/02/2020 06:47 GMT

The global community is turning a blind eye to the oil blockade in Libya to stop prices falling, claimed Mohammed Syala. Libya's foreign minister on Monday accused the international community of... More

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Total Oman: FID on Sohar LNG by 2020-End
27/02/2020 10:27 GMT

A Final Investment Decision (FID) by French energy major Total on its plans for an LNG bunkering hub at Sohar Port — the first such facility in the Middle East — is anticipated before the end of this... More

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Qatar First Bank Successfully Exits Sharia-Compliant Aviation Deal
27/02/2020 10:24 GMT

Qatar First Bank has announced the “successful exit” of a Sharia-compliant aviation deal, along with its investors, through the sale of two Boeing 737-900ER aircraft. This comes in line with the bank... More

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Saudi Arabia

SEVEN to Build Theme Parks, Entertainment Centers across Saudi Arabia
27/02/2020 10:36 GMT

The Saudi Entertainment Ventures Company (SEVEN) plans to develop theme parks and entertainment centers around the country. Plans include 20 entertainment destinations, 50 cinemas and two large theme... More

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NMC Health Removes CEO Amid Investigation of UAE Firm’s Finances
27/02/2020 09:33 GMT

NMC Health has removed Chief Executive Prasanth Manghat with immediate effect and granted its finance chief extended sick leave, as more details emerge from an investigation into the UAE health care... More

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Yemeni Houthis Claim Attack on Saudi Aramco Facilities in Yanbu
23/02/2020 05:51 GMT

Yemen’s Houthis said on Friday they had struck facilities of Saudi oil giant Aramco in the Red Sea port of Yanbu with twelve drones and three rockets. The drones and rockets “targeted Aramco and... More

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General News

UTEC Commercial Director: Looking Forward to Continue Support for ME Clients
27/02/2020 05:41 GMT

UTEC, a leading independent offshore and onshore survey provider, said it has completed a major survey subcontract for McDermott International, a leading provider of integrated EPCI (engineering,... More

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