Microsoft word new base 665 special 16 august 2015

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NewBase 16 August 2015 - Issue No. 665 Senior Editor Eng. Khaled Al Awadi NewBase For discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE

Oman’s daily oil output hits record of more than 1 MBD The National + NewBase

Oman, the biggest Middle East crude producer outside Opec, posted a record daily oil production last month, exceeding the 1 million barrel a day mark. The country pumped 1,001,081 barrels per day (bpd) of crude and condensates, up 0.48 per cent from the daily average in June, said the state-run Oman News Agency (ONA) yesterday. Condensate is a light oil that fetches a higher price than normal crude because it is easier to refine. “The achievement is attributed to the steady efforts by oil and supportive services companies, as well as the hard work by all workers to reduce the loss in production due to regular and irregular maintenance,” said ONA.

Oman exported an average of 796,977 bpd last month, down 12.6 per cent from June because the state-owned Oman Oil Refineries and Petroleum Industries Company burned 900,000 bpd last month. Arabian Gulf refineries usually consume more oil during the hot summer days due to a rise in the use of air-conditioning. The Oslo-listed oil company DNO, in which the UAE’s RAK Petroleum holds a 40.5 per cent stake, also did not export any Omani crude last month. DNO operates Oman’s only producing offshore fields. All of Oman’s oil exports this year went to Asia, with China buying 70 per cent of it last month despite a 20 per cent drop in imported oil volumes compared with June. Oman, which had suffered a decline in production, is trying to shore up its output to make up for the near 50 per cent drop in oil prices that will slash government revenues this year and swing it into a fiscal deficit. Oil prices have plummeted as Opec fights to maintain market share and continues to pump more oil amid a supply glut. Economic weakness in China and Europe has also trimmed crude demand, while the strong US dollar is hitting oil prices. Oman’s oil minister, Mohammed Al Rumhy, has criticised Opec’s policy to fight for market share rather than defend prices. Opec, led by Saudi Arabia, has opted to keep its taps open because it wants to squeeze high-cost producers out of the market




UAE: Modi’s visit to UAE to be path-breaking Gulf News

Prime Minister Narendra Modi’s visit is “hugely” important as the Emirates is India’s third largest trading partner, a top Indian government official told Gulf News on Saturday.

“The two-way trade had peaked at $75 billion (Dh275.46 billion) but, recently, it has declined due to gold imports duty, but still, $59 billion is nothing to scoff at and that is an important facet of the relationship,” said Vikas Swarup, spokesman of India’s Ministry of External Affairs.

Underlining the significance of Modi’s visit, he said: “The

fact this is the Prime Minister’s first visit to the Arab Gulf region is in itself important.”

The official said India will seek UAE’s investment in the infrastructure sector. “So far, the UAE’s orientation has been towards the US and EU. Now that the prime minister has said India needs a trillion-dollar investment in infrastructure and the UAE can be an important partner in this area. “This investment will yield very good returns and is totally secure,” he said, adding, “From that point of view, investment will be a key feature of this visit.”

Another area that Modi’s visit will focus on is energy security for India. “UAE provides 8.5 per cent of our crude oil requirement and we are keen to stitch up long-term supplies, both upstream and downstream … UAE is very important in terms of energy security.” “With oil prices at a historical low, it is a valuable opportunity for India to secure long-term supplies,” he added.

“The prime minister’s one on one interaction with the UAE leadership will also be significant,” Swarup added.

Commenting on the Indian diaspora, Swarup said the 2.5 million strong expatriate community in the UAE is an important bridge between the two governments. “The prime minister is not only addressing the overall diaspora but also will engage with the Indian workers and it will be a significant interaction.”

Finally, he said, issues related to security will also be discussed. “Both countries are sensitive to threats from extremism and security and defence is another area where both the countries are looking to ramp up cooperation.”

“The most important concern is the rising tide of fundamentalism and extremism and all the GCC countries are concerned about what’s happening and I think India can be a partner ... on how we can deal with this threat. The prime minister has always said that terrorism has no religion and it needs a global response.

“For all these reasons this is going to be a very important and a path-breaking visit.”




Kuwait approves $10bn infrastructure projects GulfTimes + NewBase

Kuwait has approved the construction of a series of power plants, desalination facilities and other infrastructure projects worth a total of around 3bn Kuwaiti dinars ($9.9bn), the finance ministry said on Saturday.

Like neighbouring Gulf countries, Kuwait is struggling to meet soaring demand for electricity and the planned projects will add around 3,580MW of capacity, as well as waste treatment and developments for the education ministry.

The ministry did not set a timescale for most of the initiatives, except for a sewage plant which will start by 2020. It also did not say how they will be funded beyond saying 50% of the finance will be raised through stock market offerings.

Among the projects, Kuwait plans a second phase of the gas-fired Az-Zour North power and desalinated water plant that has an initial capacity of 1,800MW. It will also build the first phase of the Khairan power plant with 1500MW of capacity, which will use different types of fuel, and the Al Abdaliyah power plant with a capacity of 280MW, of which 60MW will be from solar energy while the rest will be fed by gas.

Kuwait plans to generate 15% of its energy needs via renewable sources by 2030, with the first of up to 100 solar-powered fuelling stations operating by 2017, Oil Minister Ali Saleh al-Omair said in June.

A pilot 70MW project in the Shagaya desert zone west of Kuwait City was expected to be completed by next year.




Algeria: Amec Foster Wheeler awarded consultancy contract by Sonatrach in Algeria Source: Amec Foster Wheeler

Amec Foster Wheeler has announced the award of a contract by Sonatrach, the largest oil and gas company in Africa, to supply engineering services for the de-bottlenecking of the Hassi R’Mel gas field, one of the largest gas fields in the world, located approx. 550 kms south of Algiers. The value of the consultancy contract, to be delivered by experts in Amec Foster Wheeler’s Reading office, has not been announced.

The specialist consultancy work will support Sonatrach’s aim to operate the Hassi R’Mel gas field well into the future, enabling Algeria to remain a major exporter of gas. The engineering design services involve a major flow assurance exercise using Amec Foster Wheeler’s proprietary software to identify future bottlenecks in the gas field gathering network. In addition, the team will undertake detailed pipeline design, compression studies and the multi-disciplined specification of the additional infrastructure required to allow continued production.

Roberto Penno, Amec Foster Wheeler’s Group President for Asia, Middle East, Africa & Southern Europe, said: 'We are delighted to be working with Sonatrach again on this major development using our considerable upstream and pipelines expertise, and hope to further build the relationship by supporting them with their future plans in the region.'




Iran:Nuclear accord creates potential for additional crude oil production Source: U.S. Energy Information Administration, Short-Term Energy Outlook

On July 14, the P5+1 (the five permanent members of the United Nations Security Council and Germany) and Iran announced an agreement that could result in relief from United States and European Union nuclear-related sanctions (which include some oil-related sanctions). If the agreement is implemented and sanctions relief occurs, it will put additional Iranian oil supplies on a global market that has already seen oil inventories rise significantly over the past year.

These additional Iranian supplies, along with relatively higher global oil production and comparatively slower global oil consumption growth, will contribute to large inventory builds next year, resulting in lower oil prices than previously expected. The North Sea Brent crude oil price, which averaged $57 per barrel in July, is expected to rise to an average of $59/barrel (b) in 2016, according to EIA's August 2015 Short-Term

Energy Outlook (STEO).

The previous outlook, published before the Joint Comprehensive Plan of Action (JCPOA) was announced on July 14, had anticipated 2016 prices at $67/b. Crude oil price forecasts are subject to significant uncertainty, as described in EIA's Market Prices and Uncertainty Report.

The initial effect of the JCPOA on oil markets will come from the release of Iranian inventories. Of the estimated 30 million barrels held in storage, more than half is condensate, and the rest is mainly medium, sour crude oil. The volumes in storage could boost total global supply by about 100,000 barrels per day (b/d) by the end of 2015. This estimate reflects the difficulties of finding buyers for the stored condensate, although much higher volumes may be sold should Iran provide discounts to encourage purchases.

The pace of the sales of oil from storage remains highly uncertain and will depend on the pace of sanctions relief and the availability of customers for Iranian oil and condensate. Iran may find it challenging to find




buyers for the condensate, as current condensate prices indicate that consuming markets, particularly in Asia, are well supplied. By contrast, the crude oil held in storage could be sold more quickly, as price differences currently indicate more demand for medium, sour crude compared to lighter, sweeter crude. There is evidence that initial volumes are already moving out of floating storage.

Iran is also expected to increase production as sanctions are lifted. EIA estimates that Iran has the technical capability to increase crude oil production by about 600,000 b/d by the end of 2016. The pace and magnitude at which additional production volumes reach the market depend on how quickly Iran meets conditions triggering sanction relief and how successful Iran is in production and marketing operations.

EIA expects most of this increase would occur in the second half of 2016. These additional Iranian volumes are expected to put downward pressure on global oil prices in 2016, as Saudi Arabia and the rest of producers in the Organization of the Petroleum Exporting Countries (OPEC) are not expected to make production cuts to accommodate additional Iranian volumes in a well-supplied global oil market.

Lower world oil prices in 2016 likely will result in lower non-OPEC production and slightly higher consumption, largely offsetting the higher Iranian production. Non-OPEC producers are expected to see

their output fall as a result of high inventory builds and lower prices. In particular, EIA's outlook for U.S. crude oil production was revised downward by about 400,000 b/d in 2016.

Internationally, producers operating in high-cost areas, such as the North Sea and deep offshore in the Americas, are also expected to reduce output in 2016.

However, the biggest declines in production among non-OPEC producers from lower oil prices are likely to occur beyond 2016, reflecting the effect of reduced capital expenditures and investment in

conventional development projects with longer payback periods than projects with shorter payback times, such as tight oil drilling. Reductions in capital expenditures are most likely to affect producers in areas outside of the shale plays in the United States.




Vietnam: SOCO announces commencement of production from the

TGT H5 platform offshore Vietnam Source: SOCO International

SOCO International has announced that first oil and gas from the H5 Wellhead Platform ('H5-WHP') of the Te Giac Trang ('TGT') field occurred on 10 August 2015 following perforation of the first of the H5 development wells. The start of production has been achieved more one month

ahead of schedule and the H5 development project has been completed with zero lost time accidents. The perforation campaign will continue over the next two weeks targeting the optimal balance between maximising new production from the H5-WHP, natural production decline rates and water-cut from the existing wells with total liquids handling capacity on the FPSO currently available to the TGT partners. Further

information on performance will be provided in due course.

The H5-WHP is located in the south of the TGT field in Block 16-1 in the Cuu Long Basin, off the southern coast of Vietnam, approx. 100 kms from Vung Tau, 20 kms northwest of the Bach Ho field and 35 kms west of the Rang Dong field.

TGT was discovered in August 2005. The H5-WHP is TGT’s third platform to be brought on production. The first platform, H1-WHP, came on stream in August 2011, followed by the H4-WHP in July 2012. Crude oil from TGT is transported via subsea pipeline to an FPSO where it is processed, stored and exported by tankers to regional oil refineries. Gas produced from the field is transported by pipeline to the nearby Bach Ho facilities for processing and onward transportation to shore by pipeline to supply the Vietnamese domestic market.

Block 16-1, where TGT is located, is operated on behalf of SOCO (30.5%) and its partners, PetroVietnam Exploration & Production Corporation (41%) and PTT Exploration and Production Public Company Limited (28.5%), by the Hoang Long Joint Operating Company.

Ed Story, President and Chief Executive of SOCO, commented:

'Achieving first oil from H5, the third platform on the TGT field, over one month ahead of an ambitious delivery target is a credit to all involved. It is a key milestone for the field’s ongoing development. We now look forward to working with our partners to maximise the recovery and performance of the field.'




Norway: Statoil reports installation of the pre-drilling template on the Johan Sverdrup field ..Source: Statoil

Statoil reports that the first piece of the Johan Sverdrup development has now been completed and installed on the field in the North Sea. It was Heerema Marine Contractors’ crane vessel “Thialf” that completed the installation of the 280-tonne pre-drilling template on the Johan Sverdrup field.

'We have completed and installed the first piece of one of the largest industrial projects in Europe. We still have a long journey ahead in the Johan Sverdrup development, but we are very pleased that we have completed and installed the subsea template without serious incidents and according to plan. This is a good start according to the required quality and precision standards for successful implementation of the development,' says Kjetel Digre, head of the Johan

Sverdrup field development. Heerema Marine Contractors were responsible for design, building and installing the pre-drilling template. The 32-metre-long, 10-metre-high pre-drilling template is one of the smallest building blocks of the Johan Sverdrup development but plays a key role in the project.

Statoil installs pre-drilling template on the Johan Sverdrup field

The pre-drilling template contains eight well slots that allow production wells to be pre-drilled before the drilling platform is installed in 2018 and production starts at Johan Sverdrup in late 2019. Pre-drilling allows the production capacity to be utilised as efficiently as possible when Johan Sverdrup has come on stream.

Pre-drilling and the pre-drilling template thus help capture maximum value for the partners and the whole society over the next 50 years. The Deepsea Atlantic drilling rig will start pre-drilling on the Johan Sverdrup field through the pre-drilling template from March 2016.

'The activity level for the Johan Sverdrup project will be substantially increased as new steps are taken in the field development. We are working closely with the suppliers in the platform pre-engineering process. We have awarded several main contracts and utility packages worth more than NOK 40 billion so far. More contracts will be awarded during the autumn. We have also started building the first platform jacket at Kværner Verdal. So far, the Johan Sverdrup development is on track,' says Digre.

The Johan Sverdrup partnership consists of Statoil, Lundin Norway, Petoro, Det norske oljeselskap and Maersk Oil. The partnership has recommended Statoil as the operator of all field phases.




Oil Price Drop Special Coverage

Oil, base metals suffer a fresh blow as China devalues yuan AFP + NewBase

Oil and base metals prices, already hit by oversupply and sagging demand, suffered a fresh blow last week as China shocked markets by devaluing its currency. But gold and other precious metals managed to rise over the week.

OIL: New York prices hit 6.5-year low points against a backdrop of high supplies. US benchmark West Texas Intermediate for delivery in September hit $41.35 a barrel on Friday—the lowest level since March 2009. Brent had hit $48.24 on Monday—the lowest for more than six months.

Bernard Aw, a strategist at IG Markets, predicted prices to remain weak after the International Energy Agency on Wednesday forecast the global oversupply backdrop to last into next year.“The IEA assessment that the supply glut situation would be extended beyond 2015 continues to contribute to the pessimistic outlook for energy,” he said.

The Organisation of the Petroleum Exporting Countries last week said that its output in July rose by 100,700 bpd from the previous month to 31.5mn bpd. The producer cartel’s refusal to cut its output level despite weak demand is seen as a reason for a prolonged oversupply, which has contributed to oil prices falling to almost a third of their mid-2014 peak.

Analysts have said the move is an attempt by the cartel’s kingpin Saudi Arabia to defend its market share as it fends off competition from US shale oil. Crude prices fell this week also as traders tracked developments over China, the world’s biggest consumer of energy.

Commodity markets in general have been beset by China’s decision to devalue its currency in a bid to boost exports out of the Asian country, which is the world’s second biggest economy after the US.

The move has supported the dollar, causing additional pressure for commodities priced in the greenback, by making them more expensive for holders of rival currencies. By Friday on London’s




Intercontinental Exchange, Brent North Sea crude for delivery in September dipped to $48.95 a barrel from $49.02 a week earlier.

On the New York Mercantile Exchange, West Texas Intermediate or light sweet crude for September slid to $42.40 a barrel from $44.21. PRECIOUS METALS: Gold benefitted from its status as a haven investment amid concerns over China.

“Commodity prices fell on the news, with the exception of precious metals which benefited from some renewed safe-haven demand,” said analysts at Capital Economics. It comes after the World Gold Council said that global gold demand weakened in the second quarter as purchases fell in key consuming nations China and India.

“Total demand was 915 tonnes, a fall of 12% compared to the same period last year, due mainly to a decline in demand from consumers in India and China,” the WGC said in a quarterly update. “However, demand in Europe and the US grew, driven by a mixture of increasingly confident jewellery buyers and strong demand for bars and coins.

“Looking ahead, there are encouraging signs moving into what are traditionally the busiest quarters for gold buying in India and China,” it added. The price of gold slumped in July, the start of the third quarter, striking its lowest level in more than five years at $1,072.35 an ounce. It has since rebounded back above $1,100.

By Friday on the London Bullion Market, the price of gold rose to $1,118.25 an ounce from $1,093.50 a week earlier. Silver climbed to $15.55 an ounce from $14.75. On the London Platinum and Palladium Market, platinum increased to $997 an ounce from $946.

Palladium grew to $623 an ounce from $602. BASE METALS: Prices for industrial metals were shaken early owing to China’s currency action, before pulling back towards the end of the week. Copper on Wednesday hit $5,062 a tonne—the lowest level for six years.

There was a six-year low also for aluminium at $1,553.50 a tonne, while zinc hit a near four-year trough at $1,730 a tonne. “Most metal prices are currently lower than at any time since the 2008/09 economic and financial crisis... due first and foremost to growing concerns about the Chinese economy and an oversupply,” said analysts at Commerzbank.

Faced with market concerns, China’s central bank raised the value of the yuan against the dollar by 0.05% on Friday. The higher fixing came after the People’s Bank of China reassured financial markets by pledging to seek a stable currency after a shock devaluation of nearly two% on Tuesday.

That cut, and two subsequent reductions sent global financial markets into a tailspin as it raised questions over the health of the world’s second-largest economy and sparked fears of a possible currency war.

By Friday on the London Metal Exchange, copper for delivery in three months edged up to $5,165 a tonne from $5,162 a week earlier. Three-month aluminium dropped to $1,572.50 a tonne from $1,594.50.

• Three-month lead grew to $1,742 a tonne from $1,693 • Three-month tin gained to $15,520 a tonne from $15,305. • Three-month nickel decreased to $10,545 a tonne from $10,845. • Three-month zinc slid to $1,839 a tonne from $1,853.




1) Oil

As crude tumbles in its worst summer ever, experts are lining up to forecast exactly how low it will go.

Among the lowest so far is $10 to $20 a barrel, which came from Gary Shilling, president of A. Gary Shilling Co., who spoke in a Bloomberg Television interview on Friday. Because fixed costs are already spent, drillers in a “price war” will keep pumping as long as prices are above the cash costs of production, which are below today’s levels of around $49 a barrel in London.

2) Yuan

The week brought a shock from the People’s Bank of China, which devalued its currency as exports sputter. The move rattled financial markets from Tokyo to Chicago, and the currency continued its slide.

The policy suggests China is stepping up efforts to combat the deepest economic slowdown since 1990 and reduce the government’s grip on the financial system. Authorities had been propping up the yuan to deter capital outflows, protect foreign-currency borrowers and make a case for official reserve status at the International Monetary Fund.




3) Google

It was a good week at Google, which is reorganizing into a holding company called Alphabet Inc., breaking out its main Web operations from ambitious new endeavors such as research lab Google X and Calico, which seeks to extend human lives.

The structure, announced Monday, will give greater clarity into how Google invests in various ventures, including driverless cars, high-speed Internet service and health-related technologies. It also makes it easier to make any future acquisitions or potential divestments.

Oil industry in catch-22 amid stark realities ENERGY OUTLOOK, Syed Rashid Husain

Long-term crude prognosis is getting bleaker. Oil futures are reaching scary point - approaching the lowest level since early 2009 - while the financial crisis was in full bloom, wreaking havoc on global markets.

Worries about glut is overshadowing everything around. Despite the extra volume of post-nuclear deal push from Iran still not in equation, yet the US crude tumbled more than 3 percent to a 6-1/2-year low. Big rise in US stockpiles intensified the worries of a growing global glut - making markets slip further.




Projections are not positive either. Most feel crude will slide further. Global oil glut will persist well into 2016, the Paris-based International Energy Agency said in a report last week. The report emphasized that global oil supplies are growing at “breakneck speed” outstripping consumption in the second quarter by 3 million barrels a day, the most since 1998. “While a rebalancing has clearly begun, the process is likely to be prolonged,” the IEA.

“Global inventories will pile up further,” it said, adding that demand will not cut into the surplus until late 2016 at the earliest. And then giving its verdict on the state of the industry, the IEA underlined the oil industry is hunkering down for an extended period of depressed prices and has adopted the “lower for longer” mantra.

Explaining the glut, the report clarified the non-Opec output growth was running at about 1.2m bpd above 2014 levels so far this year. And with output from Opec still near a three-year high above 31.5m bpd, as per the just released OPEC monthly report, it far exceeded the IEA’s assessments of demand for the group’s crude of 30.6m b/d by the end of this year and 30.8m b/d in 2016. In the meantime, the emerging Chinese currency crisis is beginning to impact the crude markets too - and in a big way. China is the world's biggest oil consumer after the United States, and a weaker yuan erodes Chinese purchasing power for dollar-denominated imports like oil. The yuan has hit a four-year low as China allowed it to weaken further in the wake of its sudden devaluation, so as to support the slowing Chinese economy, where industrial output grew less than expected in July. And then, most outlooks also do not include higher Iranian output, once the nuclear sanctions are lifted. How much Iran could add is one of the major uncertainties of the crude world today. And much depends on how much oil Iran is hoarding at sea. That's a key question. A debate is on. Up until recently, pundits felt Iran's crude held at seas was between 30 to 40 million barrels. However, maritime surveillance firm Windward technology is now saying Iran is actually hoarding 50 million barrels of oil. That's up nearly 150% from April 2014 when Windward started tracking this closely-watched metric. "That means when sanctions are lifted, there is going to be a flood of crude hitting the market because boy could they use the money," Tom Kloza, chief oil analyst at the Oil Price Information Service told Financial Times.

It's important to remember the oil hiding at sea is ready to be shipped to a buyer - likely in Asia - at a moment's notice. It's already been pumped out of the ground, cleaned up and processed. "Iran has been trying to downplay what they have in floating storage because they don't want those figures to spook the market," Tamar Essner of Nasdaq Advisory Services was quoted in the press as saying.

While Windward's surveillance has indicated the huge stockpiles of oil that Iran has at sea since early June, other forecaster too are revising up their estimates. Platts said Iran is storing as many as 53 million barrels of oil and condensate at sea, up from a previous estimate of 40 million to 42 million. All this adding to the gloom in the market - with many now asserting the phase is set to continue for a longer period than initially anticipated. Moody's now expects the current weakness in energy prices to stick around until 2018 at least, the ratings agency said in a report last week. "We expect prices for oil, natural gas and natural gas liquids - and particularly oil - to remain below recent historical highs through 2018," Moody's said.




While preparing the report, the rating firm examined the financial health of 90 North American oil and gas companies, attempting to gauge how well equipped they are to ride out the current trough in the oil markets.

US crude could fall to the $30 to $40 per barrel range sooner than expected following China's yuan devaluation, John Kilduff of Again Capital told CNBC. And although Kilduff has been making his projection of $30 oil for some time now, he is now asserting that developments in China could move the timeline even forward. "It's coming early. It's coming fast," he said, adding that oil in the $20s is possible, but that would be an overshoot to the downside.

Money manager Robert Lloyd George is also of the view that oil could hit $30 a barrel by the end of the year. “It’s a different era now, you have to think differently,” George told Bloomberg. He thinks withdrawal of sanctions on Iran could boost global supply by up to two million barrels a day, while demand in China will continue to slump on a slowdown in economic growth, forcing prices even lower. Oil majors are reportedly bracing for “lower for longer” prices as a global supply glut persists. Royal Dutch Shell Plc, which has reduced spending 20 percent this year, has “more levers to pull” should the market weaken further, Chief Executive Officer Ben Van Beurden emphasized. Apparently that would have to be pulled!

Attempts are on to mitigate the impact of crude’s slump. Bolstering the share of natural gas in their output portfolio remains one option. Shell and Total SA now produce more gas than oil and are the least exposed to lower prices, while Chevron is most at risk.

Industry is faced with testing times indeed - none can deny. Human ingenuity needs to be at work and now is the time!




NewBase For discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE

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MS & BS Mechanical Engineering (HON), USA Emarat member since 1990 ASME member since 1995 Hawk Energy member 2010

Mobile: +97150-4822502 [email protected] [email protected]

Khaled Al Awadi is a UAE National with a total of 25 years of experience in the Oil & Gas sector. Currently working as Technical Affairs Specialist for Emirates General Petroleum Corp. “Emarat“ with external voluntary Energy consultation for the GCC area via Hawk Energy Service as a UAE operations base , Most of the experience were spent as the Gas Operations Manager in Emarat , responsible for Emarat Gas Pipeline Network Facility & gas compressor stations . Through the years, he has developed great experiences in the designing & constructing of gas pipelines, gas metering & regulating stations and in the engineering of supply routes. Many years were spent drafting, & compiling gas transportation, operation & maintenance

agreements along with many MOUs for the local authorities. He has become a reference for many of the Oil & Gas Conferences held in the UAE and Energy program broadcasted internationally, via GCC leading satellite Channels.

NewBase : For discussion or further details on the news above you may contact us on +971504822502 , Dubai , UAE

NewBase 16 August 2015 K. Al Awadi







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Microsoft word new base 665 special 16 august 2015