Gulf Oil and Gas Newsletter Aug 2007 Vol 5 Issue 31

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Gulf Oil and Gas Newsletters 2007

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Gulf Oil and Gas Newsletter Aug 2007 Vol 5 Issue 31

8/19/2007 3:14:05 PM

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Gulf Oil and Gas Newsletter Aug 2007 Vol 5 Issue 31

Newsletter Volume 05 Issue 31

Middle East Highlights @ GulfOilandGas

FW Awarded Feed for Karan Onshore Gas Processing Facilities in Saudi Arabia
Foster Wheeler Ltd. announced that two subsidiaries in its Global Engineering and Construction Group, Foster Wheeler Energy Limited and Foster Wheeler Arabia Limited, have been awarded a front-end engineering design (FEED) and program management services contract by Saudi Aramco for the Karan onshore gas processing facilities . More...

J. Ray McDermott Awarded Long Term Agreement by Saudi Aramco
McDermott International, Inc. announced that its subsidiary, J. Ray McDermott, S.A. ("J. Ray"), has been awarded a seven-year project by Saudi Aramco to provide engineering, procurement, construction, and installation for the Offshore Maintain Potential Program in Saudi Arabia. The project is known in the industry as the "Long Term Agreement" or "LTA". More...

Africa Highlights @ GulfOilandGas

Total Announces Additional Oil Discovery on Block 32, in the Angolan Ultra Deep Offshore
Sociedade Nacional de Combustiveis de Angola (Sonangol) and Total E&P Angola, a wholly owned subsidiary of Total, announce a new oil discovery with the eleventh exploration well on Block 32 in the ultra deep waters of the Angolan offshore. More...

Technip Awarded Front-End Engineering Contract For Ethane Extraction in Algeria
Technip has been awarded by Sonatrach a front-end engineering design (FEED) contract for an ethane extraction project located in Arzew, Algeria. More...

Events @ GulfOilandGas

OMNA 2007
The OMNA 2007 exhibition will be the definitive market place for companies, organisations and extractive industry professionals involved or looking to secure business in the oil, gas and mining industries in North West Africa.

Data & Knowledge Management for Asian Oil & Gas 2007
The use of data systems has been extensive in the industry but only 60% of information is retrievable in a sea of increasing data. More companies are now investing in data integration to solve this and have talked about of cost savings of up to 30%.

Global Refining Strategies
Global Refining Strategies, Houston 2007 brings together the world’s refining leaders to explore strategies that can be implemented to improve the long-term value of the refining business in the face of tighter environmental mandates, market uncertainties and heightened security measures.

Oil Market @ GulfOilandGas

Product Markets and Refinery Operations - July 07
Lower than expected gasoline stock builds in the USA in June have provided further support for product and crude prices over the last couple of weeks. However, skyrocketing crude prices have overwhelmed the performance of the product market, undermining refinery margins across the board in June compared to the previous month. More...

World Oil Supply
World Oil Demand
Balance of Supply/Demand

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