New base 704 special 11 october 2015

Copyright © 2015 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
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NewBase 11 October 2015 - Issue No. 704 Senior Editor Eng. Khaled Al Awadi
NewBase For discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Adnoc makes research and development push
via new Petroleum Institute centre
The National - Anthony McAuley
Abu Dhabi is set to embark on a major oilfield research and development push that could help to
add as much as US$500 billion of value to oil reservoirs. Abu Dhabi National Oil Company is
making a strategic push into R&D through a large investment in a new centre at its Petroleum
Institute in the capital.
The expansion reflects a major departure in R&D for both Adnoc and the Petroleum Institute,
which includes a specific mandate for the institute to come up with ways to add 5 per cent – or
about $500bn of value – to Abu Dhabi’s oil reservoir recovery rates, according to the Petroleum
Institute president Thomas Hochstettler.
It includes a new $90 million
Petroleum Institute research
building, which is due to open by
the end of the year. It will house
hundreds of new staff, including
dedicated researchers in its 32
laboratories, and have an initial
annual operating budget of about
$33m.
A second facility of about half the
size is slated to come onstream
at a later, unspecified date. The
expansion reflects a
determination to get more value
for money, according to Marc
Michel Durandeau, a former
long-serving Total executive who
has been appointed to run the
new centre.
“The new strategy is to ensure that PI can contribute to and benefit from projects,” Mr Durandeau
said. “Before the contribution to projects we were funding maybe 5 per cent – just someone
travelling once a year to see some people in a university. For me this money was not well spent. It
was more like a donation.”
The approach has not made commercial sense for Adnoc either. As Mr Durandeau explained, the
state oil company had largely relied on its private sector partners – including Total, as well as BP,

Shell and Exxon – for advanced field development technology that they have developed
elsewhere in the world where conditions may not be applicable.
“Adnoc has the same problem we have,” Mr Durandeau said. “If you don’t do your own research
you have to rely on that which is produced outside.
“Big companies are coming here to get concessions and to get them they offer new technologies.
But if you don’t have good knowledge of the capabilities and suitability of the technology how can
you make the business case? If you don’t have your own in-house knowledge it is difficult to
assess what you need.”
The new centre will be central to Adnoc’s new system, whereby each of its operating companies
will have R&D units focused on deploying R&D in field conditions. The initiative also marks a new
level of academic maturity for the 15-year old Petroleum Institute.
The institute has applied to the Abu Dhabi educational authority to introduce a doctorate
programme next year.
“The heart of the PhD programme is the ability to set up and direct a programme on an original
topic of research,” said Murray Gray, provost and head of academics at the institute.
Adnoc’s strategic partners will also be part of the process with BP, Shell, Total and Japan Oil
Development Company (Jodco) helping to fund the research centre.

Saudi oil output increases 7%
Saudi GasetteSaudi GasetteSaudi GasetteSaudi Gasette
Global oil prices were marginally improved in September but the combination of oversupply and
sluggish demand continued to bear on WTI and Brent prices, Jadwa Investment said in its latest
edition of the monthly Chart book.
However, from a regional perspective, Saudi crude oil production increased by 7% on comparable
2014 levels. It is envisaged that Saudi crude oil production will remain around current levels for
the foreseeable future.
Non-oil exports in July remained 20.6 percent lower than the same period last year.
Petrochemicals and plastics, the two largest non-oil exports, continued to be the hardest hit so far
in 2015, falling more so compared to other non-oil exports. Imports also fell by 12.2 percent, year-
on-year.
Meanwhile, bank holdings of government bonds rose sharply in August reflecting the new
approach in government financing strategy. More funds were spent on capital projects and it is
envisaged that more government bond issuance to local banks will finance future spending on the
economy.
Further encouragement was seen with SAMA Investment in foreign securities recording it’s first
monthly increase in 2015. However, bank credit to the private sector fell in August but still remains
healthy at 8.4%.
SAMA net foreign assets stood at $659 billion at the end of August.

Investment in foreign securities recorded a monthly increase for the first time in 2015 indicating
that pressure continued to be relieved off foreign reserves as the main deficit financing tool. This
reflects in part the positive impact of the government’s new financing strategy.
The report also noted the continuing uncertainty and volatility in global equity markets, allied to
continued low oil prices, saw the TASI fall slightly in September. The fall was in line with Regional
Markets but was better than emerging markets performance during the same period. The Eid Al-
Adha holidays contributed to keeping trading volumes low but 9 out of 15 economic sectors still
saw a positive performance despite volatility factors during September. Of the remaining number,
a combination of market developments (referenced) and seasonality issues affected their overall
performances.
Healthy domestic demand in the non-oil private sector dominated key consumption trends in
August and September. Cement production and sales rebounded strongly in August and both
ATM withdrawals and point of sale transactions rose impressively in the month highlighting
positive consumer spending and sentiment.
In August, key consumption indicator data rose, year-on-year, reflecting healthy domestic
demand. Data on PMI pointed to robust levels of activity in the non-oil private sector in both
August and September. Cement production and sales showed a rebound in August following a
seasonal dip in the previous month.

Indonesia: Lundin Sells its Indonesian Business
Lundin + NewBase
Lundin Petroleum on Friday announced sale of its oil and gas assets in Indonesia to Medco
Energi Internasional for $22 million.
"We are pleased with the sale of our assets in Indonesia, with net reserves of 0.9 million barrels of
oil equivalents. We remain committed to our growth strategy in South East Asia where Malaysia
continues to be one of Lundin Petroleum’s core areas,” Alex Schneiter, President and CEO of
Lundin Petroleum stated.
The Indonesian assets include the non-operated interest in the producing Singa gas field and the
operated interests in the South Sokang and Cendrawasih VII Blocks, as well as the joint study
agreement (JSA) in respect of the Cendrawasih VIII Block.
Lundin Petroleum may also become entitled to certain contingent payments and has an option to
receive a future interest in the Cendrawasih Blocks, the company said.
The Swedish firm holds a 26 percent participating interest in the Singa gas field (Lematang PSC),
a 100 percent participating interest in the Cendrawasih VII Block (Cendrawasih VII PSC), a 100
percent interest in the Cendrawasih VIII Block (Cendrawasih VIII JSA) and a 60 percent
participating interest in the South Sokang Block (South Sokang PSC).

Indonesia: CITIC Resources announces Lofin field Update
Source: CITIC Resources
CITIC Resources has announced the evaluation results of the amounts of gas and condensate in
the Lofin field located in the Seram Island Non-Bula Block, Indonesia.
Based on the evaluation report prepared by an independent petroleum consulting firm Sproule
International, as of August 31, 2015, the amounts of contingent reserves and contingent
resources of gas initially-in-place, recoverable gas and condensate in the Lofin field are estimated
at 3,070Bcf, 2,020Bcf and 18.25MMbbls respectively (100% basis). Detailed figures are shown in
the following table:
The remarkable discovery represents one of the Company’s major milestones which has not only
showed the prominent prospects of the Lofin field, but also opened up huge doors of opportunities
for the Company to tap into the gas exploration sector that helps it achieve sustainable growth.
To unlock investment
value of the oilfield, the
Company is taking
proactive steps to
formulate development
plans and the application
to the government of
Indonesia for renewal of
the production sharing
contract is under process.
The Lofin field’s
contingent reserves and
contingent resources are
evaluated according to
the classifications and
definitions promulgated
by the Upstream Oil and
Gas Executive Agency of Indonesia. To-date, the estimates of contingent reserves and
contingent resources are unrisked; meaning they have not been risked for the chance of
development.
CITIC Seram Energy, an indirect wholly-owned subsidiary of the Company, owns a 51%
participating interest in the production sharing contract which grants the right to explore, develop
and produce petroleum from the Seram Block until 2019. CITIC Seram is the operator of the
Seram Block.

Indian Industry Body ask Government for New Gas Price Formula
FICCI + ( images by NewBase)
Federation of Indian Chambers of Commerce and Industry (FICCI), an industry body, on Friday
said India needs a gas pricing mechanism which adequately remunerates domestic E&P activity,
and ramps up India’s domestic gas supply volumes.
Commenting on a letter to Kapil Dev Tripathi, Secretary Ministry of Petroleum and Natural Gas,
FICCI has insisted that the current gas pricing formula be relooked, as it is unfairly biased towards
the pricing in gas surplus economies such as United States, Canada and Russia and is not
consistent with realities of Indian market.
“Not only is this imperative for the development of domestic hydrocarbon industry, but is vital
towards ensuring India’s energy security. A pricing regime should be reflective of the enormous
geological risks and production uncertainties which are inherent in geography such as India,”
FICCI said.
This view has also been corroborated by rating agencies Standard & Poor and Moody’s which
have recommended that the pricing formula incorporate prices in similar geographies such as
Indonesia and Thailand which average around $8-10/mmbtu, FICCI added.

Didar Singh, Secretary General, FICCI emphasized that India’s vast untapped reserves in
deepwater, ultra-deepwater as well as North East and frontier basins can only be brought online
by creating a favourable pricing regime which incentivises both domestic and foreign oil and Ggs
majors to commit significant amounts of risk capital and advanced engineering solutions in these
areas.
Furthermore, he added that the higher premium for deepwater, ultra-deepwater along with high
pressure and high temperature fields, as previously announced by the government needs to be
implemented expeditiously.
Continuing with the current gas pricing regime will severely affect India’s larger goal of reducing oil
import dependency and building the domestic hydrocarbon capacity, the industry body said.

US: California's ambitious renewable energy bill signed into law
REUTERS
Governor Jerry Brown on Wednesday signed into law a bill requiring California to produce half its
electricity from renewable sources by 2030, a goal he said was key to combating global climate
change.
"A decarbonized future is the reason we're here," Brown said at a signing ceremony in Los
Angeles. "What we're doing here is very important,
especially for low-income families." The bill also
requires a doubling of energy efficiency in buildings
by 2030.
Environmentalists cheered the move even though
language to cut petroleum use by 50 percent over
15 years was stripped from the bill after objections
from the oil industry and some lawmakers.
"I'm disappointed that we don't have the petroleum piece," bill author Senator Kevin de Leon said
after the signing. "But two measures dealing with the energy efficiency and renewable energy are
far-reaching and the most advanced in the world."
Environmentalists also expressed disappointment that the bill did not require a cut in gasoline and
diesel use in the most-populous U.S. state.
"There's no question that increasing the amount of power California gets from renewable sources
is good for our state," said Rebecca Claassen, Santa Barbara County organizer at Food & Water
Watch. "But cutting emissions and increasing clean energy use only gets us part of the way," she
said.
Ann Notthoff of the Natural Resources Defense Council called the oil industry's campaign against
the provision "deplorable," but vowed to fight on.
"Despite Big Oil's smokescreen, one thing is clear: California's leadership and communities across
the state are more committed than ever to reduce our dependence on petroleum and eliminate its
devastating impacts on the health and well-being of Californians," she said in a blog post.
Catherine Reheis-Boyd, president of the Western States Petroleum Association, said the oil
industry will keep working with Brown and others on strategies to protect the environment and the
economy. "We also take great pride in knowing that Californians consume the cleanest gasoline
and diesel worldwide," she said.
A separate bill, which would have mandated an 80 percent reduction in greenhouse gas
emissions by 2050 from 1990 levels, was also pulled near the end of the legislative session but is
expected to be reintroduced next year.
In late September, the state's Air Resources Board readopted its controversial low carbon fuel
standard program, requiring a 10 percent reduction in carbon intensity of transportation fuels
burned in the state, a victory for environmentalists.

US: U.S. Drillers Idle Rigs for 6th Week as Oil Lingers Near $50
Bloomberg - David Wethe
U.S. oil explorers idled rigs for a sixth week as they grapple with crude near $50 a barrel.
Rigs targeting oil in the U.S. fell by 9 to 605, adding to the 61 sidelined in the previous five weeks
and extending a five-year low, Baker Hughes Inc. said on its website Friday. Equipment put aside
in the Permian Basin in West Texas led the decline.
"We were expecting a lot of the marginal vertical and directional rigs to start coming back out of
the market, and that’s exactly what we saw this week," Matt Marietta, an analyst at Stephens Inc.
in Houston, said. "Overall this is a trend I think is going to continue into year-end."
America’s oil drillers have idled more than half the country’s rigs since last October as the world’s
largest crude suppliers battle for market share. The crude being pumped out of U.S. shale
formations helped create a global glut that’s pushed prices down by more than 50 percent since
June 2014.
However, new techniques that increased efficiency have prevented production from falling into a
tailspin. U.S. crude output rose by 76,000 barrels a day to 9.2 million last week, the biggest gain in
nearly half a year, according to Energy Information Administration data. Production reached a
four-decade high of 9.61 million in June.
Nationwide crude stockpiles rose 3.07 million barrels to 461 million in the week ended Oct. 2, the
EIA said. Supplies were forecast to have gained by 2.25 million barrels last week, according to a
Bloomberg survey.

Drillers in the Permian sidelined 10 oil rigs, reducing the count there to 230, Baker Hughes said. In
the Eagle Ford shale formation, the number fell by 2 to 67.
West Texas Intermediate, the U.S. benchmark crude, rose 20 cents, or 0.4 percent, to settle at
$49.63 a barrel on the New York Mercantile Exchange. Oil prices have climbed by nearly a third
since the last week of August.
Price gains have been driven by "hot money chasing headlines," Ed Morse, the head of global
commodity research at Citigroup Inc. in New York, said earlier this week in a television interview
with Bloomberg Surveillance. Investors are mistakenly thinking that the falling U.S. rig count
signals an immediate slide in output, he said.
Drilling activity is poised to continue falling in the U.S. through the end of the year, barring a spike
in oil prices, Jennifer Stevenson, a vice-president and portfolio manager at 1832 Asset
Management LP in Calgary, said in an interview on Thursday.
“You’ll see more rig drops and less completion activity,” Stevenson said. “The Saudis are winning,
in as much as their strategy to make sure that the demand for the only product they sell continued
to grow worked perfectly.”

NewBase 11 October - 2015 Khaled Al Awadi
NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE
US oil settles at $49.63 a barrel; up more than 8% for the week
Reuters + NewBase
Crude prices swung back and forth in choppy trade on Friday as traders closed positions at the
end of a week that saw prices briefly rising by the most in over six years earlier in the session.
Market participants flipflopped between the negative fundamentals of persistent oversupply and
support factors from Syria-related concerns and a weaker U.S. dollar. "Prices are moving on
profit-taking before the weekend. There is also a partial holiday in the U.S. on Monday,"
Commerzbank analyst Carsten Fritsch said, referring to the U.S. Columbus Day holiday.
Earlier in the session, Brent was on track to notch its highest weekly percentage gain since 2009,
but some traders said the sharp rise was overblown, prompting speculators to take profits.
Brent, the global benchmark, was down 45 cents at $52.60 a barrel, during a volatile session that
saw the contract touch an intraday high of $54.05. U.S. crude settled up 20 cents, at $49.63 a
barrel — rising more than 8 percent for the week.
Baker Hughes reported Friday that U.S. energy firms cut oil rigs for a sixth week in a row, the
longest streak since June, a sign low prices continued to keep drillers away from the well pad.
Oil price special
coverage

Drillers took a net nine rigs out of U.S. oilfields in the previous week, bringing the total to 605,
according to Baker Hughes. At this time last year, producers had 1,609 rigs in operation.
The momentum had been more bullish earlier in the session after the U.S. central bank's meeting
minutes on Thursday showed more policymakers than expected had agreed to keep the first
interest rate hike in a decade on hold.
"The market is taking a pause here. After the move to almost $51, if it actually settles down in a
day, it's a little bearish and might be turning to lower prices next week," said Kyle Cooper, analyst
at IAF Advisors in Houston.
The U.S. House of Representatives passed a bill on Friday to overturn the 40-year-old ban on oil
exports, but the measure did not get enough support to overturn any veto by President Barack
Obama, and similar legislation in the Senate faces an uphill battle.
Saudi Arabia kept its crude oil production steady in September, an industry source told Reuters,
maintaining a high level of output as part of a strategy to defend market share.
"There will have to be a change in the OPEC market share strategy for oil balances to return to
normal in a reasonable period of time. Until that happens the current projected cut in U.S.
production will not be enough," said Dominick Chirichella, an analyst at the Energy Management
Institute .

NewBase Special Coverage
News Agencies News Release 11 Oct.. 2015
Global oil market to remain bearish
Syed Rashid Husain
LOOKING into crude oil future is often a professionally hazardous undertaking. Yet – despite the
pitfalls – at this stage, the medium- to long-term crude outlook appears least rosy. And there are
reasons for it! New frontiers are emerging – all around – while traditional crude resources continue
to produce at elevated levels.
And in the meantime, local consumption growth is getting moderate too. Russia and Saudi Arabia,
the two major crude producers, continue to pump at elevated levels. Russian output is already at
record post Soviet level, climbing to 10.74 million bpd, one percent more than a year earlier and
topping a record set in June.
Soviet-era production peaked at 11.48 million barrels a day in 1987, according to BP Plc. Crude
exports rose 3.4 percent from the previous year to 5.27 million barrels a day, according the
available data.
This was five percent more than the previous month. Deutsche Bank estimates that Russian
output this year will average around 10.6 million bpd. That is above the 10.58 million bpd the
country produced last year. And this is despite the fact that Russia concedes that market is soft.
Russian Finance Minister Anton Siluanov conceded last week oil prices won’t recover as quickly
as after the 2008-09 financial crisis. His ministry sees oil averaging at $50 a barrel in 2016 and
$52 in 2017.
Yet, Moscow continues to underline that due to geology and harsh climate, Russian companies
can’t adjust oil output as easily as in other producing nations. Also, the depreciation of the ruble
makes it relatively cheaper to produce oil in Russia, helping to preserve oil company margins.
The increase comes while OPEC seems resolute about defending market share rather than
cutting production amid a global output glut.
And currently there are no indications that OPEC may change its course in the immediate future.
And the strategy seems working too. Recent reports indicated Saudi Arabia, the OPEC kingpin,
was slowly regaining market share.
Saudi figures to July show its crude exports have been above 7 million bpd in every month of
2015 except May. This was in sharp contrast to seven months of 2014 when its exports were
below 7 million bpd. In 2012 and 2013, Saudi crude exports exceeded that level every month.
The US Energy Information Administration (EIA) and the IEA too point out that Saudi exports to
major consumers in Asia and Europe were touching multi-year highs in the first half of the year.

Exports year-to-date to the US have risen, but remain under pressure. A Reuters analysis of
Saudi production and export data too underlines that Saudi crude exports have amounted to
around 8.1 percent of the global market since November 2014, after falling to 7.9 percent in 2014.
“Based on their own reported crude export numbers for first-half 2015, the Saudis do appear to
have reclaimed some of the market share they lost during 2014,” David Fyfe, a former senior IEA
official, now working for Gunvor, was quoted as saying.
And Saudi Arabia shows no sign of changing course. Minister Ali Al-Naimi too have been
underlining in recent months that the strategy was working.
Speaking at the G20 Energy Ministers’ meeting in Istanbul last weekend, Minister Naimi
underlined that Saudi Arabia was continuing with investments in exploration, production, refining
as well as other alternative sources such as solar energy. The world needs clean, continuous and
available energy now and for future generations, he added.
On the other hand, Iran is also striving to increase its output. Tehran is planning to increase crude
output by 2 million bpd from about 50 energy projects slated for investors at a conference to be
held in Tehran soon, National Iranian Oil Co. Managing Director Roknoddin Javadi was quoted as
saying.
Iran is inviting foreign investors to actively develop its energy industry once sanctions are eased,
hopefully in 2016, Javadi told Reuters on Thursday.
In November, Iran plans to announce its new oil contracts, which would be a major improvement
not only on the so-called buy-back contracts but also on the contracts rival and neighbor Iraq
offered to oil majors during 2000s.
“Our priority is developing the joint oilfields with neighboring countries,” Javadi said. Iran will need
$30 billion of investment over five years to boost oil production, starting with about 350,000 barrels
of new output next year, Goldman Sachs Group Inc. said in a recent report.
The supplies could keep pressure on oil prices and delay the market’s return to balance, Henry
Tarr, a Goldman analyst, said in the report.
Javadi too agreed: “The global oil market will stay bearish in the short to medium term.” And
although China has always been an interesting shale prospect, yet its specific geology made
many pundits assert that for Beijing to exploit its shale resources would be difficult than in the US.
But all that seems changing now. In a just released report, ‘Shale gas development in China aided
by government investment and decreasing well cost’ EIA analyst, Fauzi Aloulou underlines:
According to MLR, Sinopec and PetroChina are on schedule to reach 0.6 Bcf/d of shale gas
production by the end of 2015.
Although still a small fraction of China’s overall production, estimated at 13.0 Bcf/d in 2014,
increasing shale gas output could eventually help to meet growing demand for natural gas in
China and to limit growth in the country’s natural gas imports.
And while all this is happening, the global economic outlook is also not too healthy – impacting the
crude markets – rather adversely. Economies of the EU reportedly contracted 0.1 percent from the

Nuclear Energy to Account For 16% of the Global Grid In 20 Years
Gulf News - Sarah Diaa, Staff Reporter
Nuclear energy is expected to account for roughly 16 per cent of the world’s total electricity
generation in the next 20 years — up from the current 11 per cent figure, according to a top official
at the World Nuclear Association (WNA).
While nuclear energy has
the capacity to account
for 25 per cent of the
world’s energy needs,
challenges arise in
financing, which may limit
power generation from
the sector.
“In the next 20 years, I
would expect that nuclear
energy would not only
hold itself; but its
contribution to capacity
will increase.
The challenge is whether
the figure can reach 25
per cent because the
capability of the industry
is almost 25 per cent, but then external factors like political and financial decisions need to be
managed. So, it won’t achieve the 25 per cent is what my guess is,” said Shah Nawaz Ahmad,
senior adviser for India, Middle East, and South-East Asia at the WNA.
He added that in a 10-year timeframe, countries such as Vietnam, Bangladesh, Turkey, and
Jordan are expected to start building nuclear power plants.
“The Malaysian government is also considering building [nuclear power plants], and so is the
Indonesian government. How many of these countries will actually eventually build plants is a
question because financing is still a problem,” Ahmad told Gulf News.
Another challenge in the sector is public perception, which continues to view nuclear energy as
unsafe on the back of incidents like Chernobyl and Fukushima.
“Luckily, the company that the UAE has chosen to build plants will be operating similar nuclear
plants in its home country [of Korea]. Therefore, this gives you an assurance that even if some
problems are to come online, you will not be given theoretical solutions; you’ll be given practical
solutions,” he said.
Ahmad was in the UAE this week to speak at the Power-Gen Middle East conference, which was
held from October 4-6 at Abu Dhabi National Exhibition Centre (Adnec).

In his speech, Ahmad said that the UAE is projected to require 40 gigawatts of electric energy
capacity by 2020, with a growing urgency to generate energy through renewable sources.
Such urgency is also spreading in other countries across the GCC, with Saudi Arabia currently
burning roughly one billion barrels of oil per year to produce electricity — an equivalent of 1.5
million barrels per day.
Discussing nuclear energy in the UAE, Ahmad said that developing the sector will allow the
country to market oil at higher prices for export, especially to countries with oil deficiency.
“After the first stage of the four [reactors], the UAE would have satisfied much of the energy needs
of the GCC — other than Saudi Arabia. Then, the UAE could be looking for exports … and the
way I see these figures is that for the next plant, almost 30 per cent exports may be there,” he
said.

NewBase For discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Your partner in Energy Services
NewBase energy news is produced daily (Sunday to Thursday) and
sponsored by Hawk Energy Service – Dubai, UAE.
For additional free subscription emails please contact Hawk Energy
Khaled Malallah Al Awadi,
Energy Consultant
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME member since 1995
Hawk Energy member 2010
Mobile: +97150-4822502
khdmohd@hawkenergy.net
khdmohd@hotmail.com
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 11 Octopber 2015 K. Al Awadi

New base 704 special 11 october 2015

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New base 704 special 11 october 2015