News tagged "Upstream"

Essar Projects wins US$ 54 mn EPC contract for Saudi Aramco Shaybah oil field

Essar Projects wins US$ 54 mn EPC contract for Saudi Aramco Shaybah oil field

6th August 2014

Essar Projects, the construction arm of Indian energy company Essar Group, has won its first ever contract from Saudi Aramco. The US$ 54 million engineering, procurement and construction (EPC) deal will see it upgrade a crude oil stabilization unit used by Aramco at its Abqaiq plant at the Shaybah field, which is close to the Kingdom's border with the UAE. It is one of the largest oil fields in the world. The work will involve the design and build of a crude tank, replacement of existing pumps, piping and electrical and instrumentation equipment.[..]

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Oman Ministry of Oil and Gas invites bids for 5 new onshore and offshore blocks

Oman Ministry of Oil and Gas invites bids for 5 new onshore and offshore blocks

5th August 2014

According to news reports in the national daily the Oman Observer,the Ministry of Oil and Gas of the Sultanate of Oman, has invited local and international oil and gas companies to participate in a new bid round covering a total of five onshore and offshore blocks in Oman. As a part of the Oman Bid Round 2014, the blocks being offered for concession include two offshore Blocks 18 and 59 and three onshore Blocks 43A, 54 and 58.[..]

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