Petrogas Kahil LLC, a wholly owned subsidiary of Petrogas Exploration and Production LLC, has signed an exploration and production sharing agreement (EPSA) with the government of Oman for a 100 per cent interest in Block 55, called the Kahil Block
Canadian tight oil technology company, Wavefront Technology Solutions, has successfully introduced its EOR processes into Middle Eastern plays. It has also entered a two year contract to supply the same technology to Latin American projects
UK-based Tracerco has been granted a patent for its oil and gas flow measurement technology that allows empirical measurement of true hydrocarbon flow from individual stages in a well.
Samsung Engineering has entered Kuwait with the KNPC Clean Fuels Project (CFP) worth USD 3.8bn. The signing ceremony was attended by Samsung Engineering’s CEO and president Park Choong-Heum and Kuwait’s minister of oil, Ali Saleh Al-Omair.
The contract to supply front-end engineering design (FEED) services has been awarded to a partnership between French firm Technip and China HuanQiu Contracting and Engineering Corporation.