• Saudi Aramco Plans To Invest $40B A Year For The Next Decade

    Saudi Aramco, the world’s biggest oil producer, plans to invest $40 billion a year over the next decade to keep oil production capacity steady and double gas production, Chief Executive Khalid Al-Falih said on Monday. State-owned Aramco sees more capital going into offshore projects and...

  • Strategic Marine announces Third Generation offshore crew transfer vessel

    Strategic Marine, a specialist shipbuilder for the oil & gas sector, today unveiled its Generation 3 crew transfer vessel for the international offshore markets.   The Strategic Marine Gen 3 40-metre boat is the latest model produced from a long background of designing and refining...

  • Petrofac Chairman Resigns

    UK-based oilfield services firm Petrofac Group announced Friday that its chairman, Norman Murray, has resigned from the board for compassionate reasons. The firm said that its senior independent director, Rijnhard van Tets, will assume the role of chairman immediately. Rijnhard was appointed as a...

  • Petroleum Engineers See Highest Increase in Median Average Salary

    Petroleum engineers experienced the highest increase in median annual salary since 2011, according to a recent report from the American Geosciences Institute (AGI). In 2013, the median average salary for petroleum engineers was $132,000, and had increased by more than $10,000 since 2011, according...

  • Liberia Looks Ahead With New Oil Bid Round

    13 – 8 – 2014 Liberia is inviting international companies to bid for offshore oil production licences as it grapples with an Ebola fever outbreak, which is crippling its economy and has already caused one oil major to delay a project. The West African country does not produce any oil or...

Upcoming Events

  • Oman Refining & Petrochemical Exhibition ...

    16 – 18 March 2015, Oman international Exhibition Center
  • 3rd Edition- Waste Management & Recycling Sum...

    17th-18th September 2014 , Doha , Qatar.
  • 2014 Shanghai 9th International Petroleum Petroche...

    4th - 6th December 2014, Shanghai New International Expo Center (SNIEC)

Oil Prices of Today

Crudes $/B
Brent 105.78
WTI 97.19
OPEC Basket 102.55

Interviews

  • The Egyptian-Kuwaiti Relations Well-established an...

    At the national days of the Kuwaiti...

  • TOTAL: THE QATAR EXPERIENCE

    TOTAL: THE QATAR EXPERIENCE HISTORICAL...

  • Nathalie Martin-Bea Mardinian interviews Mr. Sudh...

    Regional Manager Middle East-...

  • Samsung Engineering ...

    “We are thrilled to be a part of ambitious oil project of Iraqi government,” said Steve...

    Steve Fludder
  • Dana Gas receives ou...

    “We are pleased to receive this payment, and are working with the Kurdistan Regional Government...

    Rashed El-Grwan

petroleum