New base 816 special 27 march 2016

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 27 March 2016 - Issue No. 816 Edited & Produced by: Khaled Al Awadi
NewBase For discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Saudi Arabia 10 projects in win ‘MEED Quality Awards’
Saudi Gazette
Saudi Arabia achieved a major breakthrough when 10 of its highest quality projects were named
national winners at the MEED Quality Awards for Projects, in association with Mashreq.
In Saudi Arabia, the winning projects, valued at over $23 billion, include :-
• The Municipality of the Governorate of Jeddah’s The Kingdom Flag Pole, Jeddah Project
(entered by SAK Consultant) as Leisure & Tourism Project of the Year
• Ma’aden Gold and Base Metals Co.’s Ad’Duwieh Gold Project Electrical Distribution and E
House Project (entered by Schneider Electric) as Innovation Project of the Year;
• Rabigh Refining and Petrochemical Co.’s Upgrade of Refinery Substations Project-Phase 1
(entered by Schneider Electric) as Small Project of the Year;
• Saudi Aramco’s King Abdullah Petroleum Studies and Research Centre Project (entered by
Drake & Scull) as Sustainable Project of the Year, sponsored by Besix;
• Elkhereiji Group’s Head Office Building Project (entered by SAK Consultant) Saudi Arabia as
Mixed Use Project of the Year;
• Saudi Electric Company’s Rabigh 2 Power Project (4x700MW) Project as Power & Water
Project of the Year;
• Burj Rafal Real Estate Development Co.’s Boulevard Project as Retail Project of the Year;
• Omarana’s Waha Office Building Project as Building Project of the Year.
Saudi Aramco and Sinopec JV scooped the National Award for Oil & Gas Project of the Year,
sponsored by Parsons, with the Yanbu Aramco Sinopec Refining Company Ltd. Refinery Project
Saudi Electric Company’s Rabigh 2 Power Project
(4x700MW) project selected as Power & Water Project
of the Year

(nominated by YASFER); while the Rehabilitation, Expansion and Development of the Prince
Mohammad Bin Abdulaziz International Airport Project owned by GACA, represented by TIBAH
Airports Development Company Ltd and entered by TAV Construction, won Saudi Arabia’s Airport
Project of the Year.
John Iossifidis, Executive Vice President, Group Head of Corporate & Investment Banking at
Mashreq which is the headline sponsor of the awards, said “Saudi Arabia’s construction industry is
projected to exhibit sustainable growth prospects in the next few years.
This industry experienced enormous investments from the public and private enterprises during
the past few years and there are optimistic signs that this will continue. We congratulate all the
winners for delivering and contributing towards the growth and sustainability of the industry.”
This is Saudi Arabia’s best performance in the awards, with 10 projects winning the National
Winner accolade compared to seven in last year’s edition. They will now compete at the regional
level against national winners from Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates
for GCC-wide recognition in various categories.
“The projects were evaluated by an esteemed judging panel against criteria that included not only
engineering and construction excellence; but also sustainability and innovation,” said Richard
Thompson, Editorial Director at MEED.
“They are a testament to the quality of projects being built throughout the Gulf and MEED is
honored to be able to recognizse these achievements to highlight their contribution towards the
future development of the projects industry in the region.”
The winners of the 2016 MEED Quality Awards for Projects, in association with Mashreq, will be
announced at a ceremony on May 25, 2016 that will serve as the culmination of the MEED
Construction Leadership Summit, a high-level gathering of the Gulf’s construction leaders, which
seeks to promote open dialogue between stakeholders to explore the strategic direction of the
region’s construction industry.

Kuwait oil company says it’s found new oil and gas field
Preliminary tests suggest the new field in the al-Jathatheel region will provide
a significant boost to the country’s resource reserves
AP + Gulf News
Kuwait’s state oil company says it has discovered a new oil and gas field in the Western part of
the country.
Kuwait Oil Company said in a
statement to the country’s
state news agency Thursday
that preliminary tests suggest
the new field in the al-
Jathatheel region will provide
a significant boost to the
country’s resource reserves.
It says company teams are
currently carrying out tests at
the field.
The statement gave no
estimate on the size of the
field, and a company
spokesman did not
immediately respond to a
request for comment.
According to the US Energy
Information Administration,
Kuwait has the sixth largest
crude oil reserves worldwide. Kuwait is a member of Opec bordering Iraq and Saudi Arabia at the
northern end of the Gulf.

Kuwait Korean Consortium to Build LNG Terminal
A consortium of Hyundai E&C, Hyundai Engineering and KOGAS have won a contract to build a
large-scale liquefied natural gas (LNG) plant in Kuwait. The deal is valued at 3.6 trillion won ($3
bn), Hyundai E&C said in a statement published on its website earlier this month.
The Al-Zour LNG import terminal project includes the construction of a regasification facility and
eight LNG storage tanks and the civil works for coastal facilities in Al-Zour, 90 kilometers south of
Kuwait’s capital, Kuwait City.
Hyundai E&C is expected to be in charge of the construction of the LNG tanks and the docking
facilities while Hyundai Engineering will build the regasification facility. KOGAS is responsible for
commissioning and operation training for the client. Construction will take 58 months and is
scheduled to be completed in 2020.
As the number of orders from the Middle East has been decreasing due to low oil prices, the Al-
Zour LNG Import Terminal Project is attracting attention as a new model where private and public
companies join hands together to take the highly profitable deal in the area, Hyundai E&C said.
Construction will take 58 months and is scheduled to be completed in 2020.

Algeria: PTTEP announces significant substantial flow rate at
Hassi Bir Rekaiz field, Source: PTTEP
Limited have reported successful drilling results in the third exploration phase of the Hassi Bir
Rekaiz project onshore Algeria. Under the third exploration phase, the Rhourde Ez Zita-1bis
(REZ-1bis) exploration well was drilled at 4,037 meter depth.
Drill Stem Test (DST) was conducted with cru de oil in the formations of Triassic Argilo Greseux
Inférieur (TAGI) at the average crude oil flow of 6,152 barrels per day (BPD) and associated gas
flow of 6.5 million standard cubic feet per day (MMSCFD), and in formations of Ordovician
(Ouargla Sandstone) with the average flow rates of crude oil at 302 BPD and associated gas of
0.2 MMSCFD. Then this well confirms the huge potential for BOG discovery.
Somporn Vongvuthipornchai, PTTEP President and CEO, said 'We are very satisfied with results
of REZ-1bis. It marks a significant oil flow rate in the Hassi Bir Rekaiz project added up to the
previous exploration campaigns.'
The exploration campaign in Hassi Bir Rekaiz has started since 2014 and found both crude oil
and associated gas in 10 exploration wells out of 11 wells totally.
The Hassi Bir Rekaiz field is located onshore in the Eastern part of Algeria. It covers an area of
5,378 square meters. PTTEP is the operator during exploration period with 24.5% interest. Its
joint venture partners are SONATRACH, the Algerian National Oil and Gas Company with 51%
interest, and CNOOC Ltd., China’s largest producer of offshore crude oil and natural gas with
24.5% interest.

Mozambique : Exxon in Talks to Buy Stake in Eni's Area 4 Gas Field
Exxon Mobil is holding discussions to buy around 15 percent stake in Eni’s Area 4 gas field in
Mozambique, sources have told news agency Reuters.
Eni is the operator of Area
4 with a 50 percent
indirect interest, owned
through Eni East Africa
(EEA), which holds a 70
percent stake of Area 4.
The other partners are
Galp Energia, KOGAS and
Empresa Nacional de
Hidrocarbonetos (ENH)
with a 10 percent stake
each. CNPC owns a 20
percent indirect interest in
Area 4 through Eni East
Africa.
The Italian firm has earlier
indicated that it aimed to
sell around 15 percent of
the field. Two sources said
Exxon was in talks to buy
a stake of that size, one of
whom said Eni was also
negotiating with other
firms, Reuters reported.
A banking source familiar with the matter said Exxon was interested in buying Eni's whole 50
percent stake, while a fourth source said Exxon was looking at unspecified stakes in all Eni
holdings up for sale, also including assets in Egypt and elsewhere in Africa.
Earlier this year, Eni received Mozambican government’s nod for the Coral FLNG project. The
company said the approval relates to the first phase of development of 5 trillion cubic feet of gas in
the Coral discovery, located in the Area 4 permit.
The giant discovery, made in May 2012 and outlined in 2013, proved the existence of a high
quality field of Eocenic age with excellent productivity. It is estimated to contain around 16 trillion
cubic feet (TCF) of gas in place, wholly located in Area 4.
The ‘Plan of Development’, the very first one to be approved in the Rovuma Basin, foresees the
drilling and completion of 6 subsea wells and the construction and installation of a technologically
advanced state-of-the-art Floating LNG facility, the capacity of which will be around 3.4 MTPA.

Malaysia: SapuraKencana and GE Oil & Gas JV awarded long
term service agreement by PETRONAS Floating LNG…Source: SapuraKencana
SapuraKencana GE Oil & Gas Services (SKGE), a joint venture between SapuraKencana
Services and GE Power Systems, has been awarded a Long Term Service Agreement
by PETRONAS Floating LNG (PFLNG) to provide maintenance services for PETRONAS’ two
forthcoming floating LNG vessels.
A Contract Exchange ceremony for the award was held in Kuala Lumpur on Thursday, 24 March
2016 between PFLNG and SKGE.
Under the agreement, SKGE will provide PETRONAS with complete maintenance services for
their fleet of twelve gas turbines as well as their fleet of GE compressors, generators and electric
motors to be installed on their floating LNG vessels. These maintenance activities will be fully
executed by the joint venture’s growing pool of local qualified field service engineers and
diagnostic experts.
The PETRONAS floating LNG vessels are examples of the emerging trend in the industry for
smaller, more flexible plants which allow for more efficient extraction from remote fields without
the capital expenditure of a traditional LNG facility. The first of the two vessels, PFLNG SATU will
be deployed on the Kanowit field offshore Sarawak. It will add approximately 1.2mtpa of LNG
production to Malaysia’s LNG exports and is another step in increasing the country’s presence in
global markets.

'What we have today is a Malaysia-based repair and maintenance centre that is one of the most
cost-competitive within the entire GE Oil & Gas repair network,' said Tan Sri Shahril Shamsuddin,
President and Group Chief Executive Officer, SapuraKencana Petroleum Berhad.
'The success of the centre bears testimony to the local talent we have trained and who will over
time become experts and leaders in delivering FLNG solutions. Looking ahead, we strive to
achieve top operational performance while continuing to keep our costs down. We will continue
to expand our regional footprint and remain committed to the long-term sustainability of the
industry in Malaysia.'
'I would like to thank our partner, GE Oil & Gas and PETRONAS for entrusting us with this
significant task,' he added. Mr. Lorenzo Simonelli, President and CEO, GE Oil & Gas said: 'This
agreement represents another example of how GE Oil & Gas is continuing to partner with
PETRONAS and our commitment to providing equipment and maintenance for innovative
projects around the world.'
'We are very proud to be able to partner with our customers and deliver improved reliability and
increased periods between maintenance thanks to our equipment and digital solutions'.
Mr. Visal Leng, General Manager for Asia Pacific, GE Oil & Gas added, 'This is the first contract
of its kind in the world for a long-term maintenance agreement on an FLNG vessel. As the
industry evolves and LNG operators are looking to make the most of their investments, our
proven maintenance expertise and the direct contact PETRONAS will have with our Diagnostic
Engineers, some of whom are here in Kuala L umpur will provide them with the support they
need to operate their FLNG vessels.'

NewBase 27 March 2016 Khaled Al Awadi
NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE
US oil closes at $39.46 & Brebt at 40.44 at ends week 5
Reuters + NewBase
Oil prices pared losses on Thursday, but still posted their first weekly loss in over a month,
pressured by record high U.S. stockpiles, weakening equity markets, and a strong dollar. The
number of oil rigs operating in the United States fell by 15 in the previous week, oilfield services
firm Baker Hughes reported Thursday. The rig count rose last week after 12 weeks of cuts.
With crude futures losing as much as 6 percent since Tuesday's settlement — their biggest slide
in two days since mid-February — analysts said the oil rally of the past five weeks that brought
prices up from mid-$20 levels may be unraveling.
U.S. government data on Wednesday showed crude stockpiles jumped 9.4 million barrels last
week, three times more than forecast by analysts in a Reuters poll.
A senior executive from the International Energy Agency, meanwhile, said a deal among a few
OPEC producers and Russia to freeze production was likely to be "meaningless" as Saudi Arabia
was the only one with the ability to raise output.
Brent crude futures were down 2 cents at $40.45 a barrel. It recorded a nealry3-percent drop on
the week, its biggest weekly slide since mid-January. U.S. crude futures settled down 33 cents, or
0.8 percent, at $39.46 a barrel. For the week, it lost about 5 percent, its first weekly loss since
mid-February.
The firming in
crude prices came
as the energy
complex moved
higher,
with gasoline
futures up about
0.75 percent.
Earlier this week,
both the
benchmarks were
up more than 50
percent from multi-
year lows hit in
January.
"A dose of reality (has) derailed the current perception (of a) rally, at least for the time being," said
Dominick Chirichella, analyst at New York's Energy Management Institute.
Oil price special
coverage

Shares on Wall Street, trading in tandem with crude most of this year, headed for their first weekly
drop in six weeks. Financial markets were broadly risk averse with volumes thin ahead of the
Good Friday and Easter break.
The dollar's first weekly gain since late February also made oil and other commodities
denominated in the greenback less affordable to holders of the euro and other currencies.
Trading houses were betting on oil being oversupplied at least two more years, while Russia
looked to export more crude to Europe in April than any month since 2013.
Scott Shelton, energy broker at ICAP in Durham, North Carolina, feared of big builds in U.S.
distillates, which include heating oil and diesel, as refineries emerge from maintenance. "We need
to export large quantities of distillate," he said. "Production has not fallen enough."
On Thurday, Iraq's Oil Minister Abdul Mahdi confirmed he will suspend attendance of cabinet
meetings and ministry functions, following earlier reports he had resigned. Maydi asked one of his
aides to carry out his functions at the ministry until parliament votes on his offer to resign that he
presented last summer, according to the minister's Facebook page.
His move came as Prime Minister Haider al-Abadi announced last month a plan to overhaul the
government and replace the ministers by technocrats not affiliated with political parties in order to
fight rampant graft.
Qatar: Doha meeting to look at best recipe to raise prices
The size of the cut should be at least 5% of the combined total production of
Opec and Russia
Gulf News - Jumana Al-Tamimi
When oil ministers from both Opec and non-OPEC countries meet on April 17 in Doha, they will
face a challenge; they need to find a way to cut oil production — not just freeze crude production
to support prices, oil experts said.
Freezing oil production levels alone at January’s peak levels, a move that will likely not have the
support of smaller oil producers, will not be sufficient to raise prices, the experts say.
“An agreement to freeze production at the January 2016 levels is meaningless and will not lead to
a rise in oil prices. Only a cut of production exceeding 2 million barrels a day (bpd) will do the
trick,” Mamdouh G Salameh, international oil economist and visiting professor of Energy
Economies at ESCP Europe business School in London told Gulf News.

Others energy researchers expressed similar view.
“There is a need to cut,” said Hasan Ozertem, energy researcher at Ankara-based International
Strategic Research Organization (USAK). “Freezing at the peak level (of production) is not a clear
message given to the markets,” nor does it means limiting global production, Ozertem added in an
interview with Gulf News.
Ozertem explained that freezing production means there will be sustainable production in the
upcoming year; however, without the participation of “Iran, Iraq and other countries, namely Libya,
the production level might be higher and the freezing of Saudi Arabia and Russia won’t take the
prices at higher levels. There is a need for a cut,” stressed the Turkish energy oil expert.
Agreement on a freeze to the production levels of “couple of years ago, could also mean a kind of
cut,” said Ozertem.
Oil producing countries have faced drastically falling oil prices since June of 2014, when oil was a
$115 a barrel, due to a flood of US shale oil. Rather than cut oil production in hopes of raising
prices, Opec nations, led by Saudi Arabia, decided to fight for market share instead.
The global surplus in oil caused the commodity to drop as low at $27 per barrel in January. Prices
have since recovered slight to a range between $38 to $42 a barrel, thanks mainly to an
agreement in February between Saudi Arabia, Russia, Qatar and Venezuela to freeze their output
at January levels.
Oil prices have retreated on Thursday from the $40 a barrel (Dh147) range, while the global Brent
benchmark was down 2.6% at $39.42 a barrel on the ICE Futures Europe exchange, with
concerns over growing oil stocks of the US crude supplies. US Department of Energy data
showed US crude supplied climbed by 9.4 million barrels last week, three times higher than
previously estimated by analysts.
Qatar announced later it would host a meeting for Opec and non-OPEC members on April 17 to
discuss a global pact to freeze the production. According to the OPEC’s Secretary-General
Abdallah Salem Al Badri, nearly 15 oil producers — including the UAE — are expected to attend.
Al Badri was quoted as telling reporters in Vienna that freeze talks have already positively affected
prices, but it was too early to say whether producers could decide on other actions in the future to
stabilise prices.
“I hope it will be a successful meeting,” he said.
Participating oil producers realise the importance of reaching an agreement, said oil experts.
“The prospects of reaching an agreement are good because all producers from inside and outside
Opec are feeling the pain and damage to their economies caused by the steep decline of crude oil
prices,” said Salameh.
“Whatever name they may call it, the objective is to find a formula to cut production to bolster the
oil prices,” Salameh responded to a question on freezing decision.

Mustaf Al Ansani, energy expert and researchers at Dammam-based Arab Petroleum Investments
Corporation (APICORP) in Saudi Arabia, called Oil prices “unpredictable” and “despite many
signals for cuts and freezing in production, there are obviously many variables that will continue to
influence the prices,” he said.
APICORP is a multilateral development bank established in 1974 to foster the development of the
Arab world’s oil and gas industries. Overproduction and increasing amount of stockpiled crude oil
are among the factors influencing the prices, Ansari told Gulf News.
According to energy organisations figures, the global oil supplies of 96 million barrels exceeds the
demand by two million barrel a day.
“Every day you are seeing a substantial access of two million barrel … The market, at the
moment, is over supplied. It has to be balanced first. The balance, according to most projections
won’t happen before 2017 or early 2018,” added Al Ansari.
By then, the demand will increase and the stockpiles will be withdrawn, which will lead to a
balance in the markets and a prices raise, he said.
Responding to a question on price reaction to any cut or freeze in crude production, Ansari said
prices react differently. Sometimes, a whisper might disrupt the prices, and sometimes a physical
change will not lead to any change.
What is important is that any decision has to be “collectively and realistically” to have an impact,
Ansari said. “How much the cut is and for how long, these are important questions,” he said.
The size of the cuts is among the main obstacles in the way of reaching an agreement in Doha,
said Salameh.
“The size of the cut should be at least 5% of the combined total production of Opec and Russia.
Opec is currently producing 32.3 million bpd and Russia 11 million bpd, a total of 43.3 million bpd.
A 5 per cent cut amounts to 2.165 million bpd. This is more than capable of absorbing the glut in
the market,” he said.
“Provided members of Opec and Russia agree to cut production by at least 2 million bpd, the oil
price could start to rise reaching within a few weeks to $60-$70/barrel. And once it has reached
that level, then the momentum will take it further to beyond $80/barrel by early 2017,” Salameh
believed.
However, the shale oil producers in the US say that once oil prices begin to raise about $40 a
barrel, their production levels, which have slowed significantly in connection with the price of oil,
could increase again. This added shale oil production could add to the global glut, meaning that
Opec and Russia would have to further cut production to balance the market.
Continental Resources Inc, a US shale oil producer, said it is prepared to increase capital
spending if US crude reaches the low- to mid-$40s range, allowing it to boost 2017 production by
more than 10 per cent, chief financial official John Hart told media last month. US crude on Friday
was trading at $39.09.
Salameh adds that Opec members will need to stick to any agreement they reach.

“However, this depends on all members of Opec abiding by the cuts. Opec members have a long
history of cheating and overproducing above their production quotas. They were the ones who
caused the glut in the market by producing 32.3 million bpd or 2.3 million bpd above the agreed
production ceiling of 30 million bpd,” he said.
But meanwhile, one meeting is enough to push the prices up.
“One meeting is enough to declare their intention to cut production to bolster the oil prices.
However, Opec members are planning to meet in June this year. This second meeting will give
them the chance to stamp their seal of approval to any initial agreement reached in Doha, Qatar in
April this year,” Salameh concluded.

NewBase Special Coverage
News Agencies News Release 27 March 2016
US oil sector pain is deepening
The National - Anthony McAuley
There are growing signs that the collapse in oil prices is biting deeper in the US oil patch, a key
target for Arabian Gulf producers looking to reverse a world oil glut without cutting their own
output.
The US sector had seemed to show resilience early on amid the oil price depression, and even
last week oil prices dipped as the market focused on a US government report showing oil
inventories growing to a record high.
But a deeper look at the sector shows growing vulnerability, one of the clearest signs of which is
stress on bank lending.
“Banks and debt investors are a lot more cautious given the oil price outlook," said Virendra
Chauhan, a Singapore-based oil analyst at the consultancy Energy Aspects.
According to a report by Deloitte’s energy consultancy unit last week, 51 oil and gas producers
have filed for bankruptcy among the independent North American exploration and production

sector since the beginning of last year, but that number could be set to soar. There are 175
companies at “high risk" of failing to meet loan covenants, which means they might be forced to
take radical action to stave off bankruptcy, Deloitte reckons.
One reason for the vulnerability is the high level of debt the sector carries in relation to its cash
flow, which companies have hitherto protected by selling much of their oil for future delivery at
preset prices – hedging.
But as Paul O’Donnell, the principal energy analyst at IHS, has pointed out, the independent
sector – which accounts for the bulk of North America’s shale producers, which were responsible
for doubling US oil output from 2010 to last year – have become more financially vulnerable this
year as their ability to hedge has weakened.
“Companies hedge their production to provide a level of protection against oil and gas price
fluctuations, and in 2016 and 2017 we see a significant decline in hedging protections, which
means more companies are exposed to the current depressed prices and market conditions," Mr
O’Donnell said.
That in turn means that the level of debt companies are carrying has soared sharply in relation to
their cash flow.
Already, companies have cut spending from US$101 billion last year to a projected $78bn this
year, but Mr O’Donnell reckons that unless they cut their spending this year by another $24bn, the
independent sector will run into further financial difficulties.
Mr Chauhan agrees. “We have looked at metrics for most companies that have reported [financial
results] and despite the capex cuts and efficiency gains, shale remains a cash flow negative
business as an industry," he says.
“This explains why we are seeing further cutbacks in spending this year as producers strive for
what has so far proven elusive," he adds.
The Wall Street Journal last week reported that “several major banks are reducing their exposure
to the energy sector by attempting to sell off souring loans, declining to renew them or clamping
down on the ability of oil and gas companies to tap credit lines for cash".
This fundamentally weak scenario for the North American oil sector was somewhat overshadowed
by last week’s report from the Energy Information Agency showing inventories rising to a record
535 million barrels.
However, the increase may partly have been because of a backlog of shipments waiting to offload
in Houston.
Meanwhile, domestic production figures – at about 9 million barrels per day – reaffirmed a
consistent trend of lower production since last summer’s peak around 9.6 million bpd. Also,
imports of crude in the past four weeks averaged well above 8 million bpd.
This will be good news for Arabian Gulf producers, especially Saudi Arabia, which is leading the
effort to get major exporters to hold steady to allow the world market to come back into
equilibrium.

Saudi Arabia’s oil minister and some of his counterparts from Russia and other producers are
scheduled to meet in Doha in three weeks to try to reach a deal to “freeze" their current levels of
output.
While such a deal is seen as being largely symbolic – especially as it would exclude Iran, and
likely Iraq too, which are the two major contributors to expected Opec output growth – its effect will
be strengthened by signs that the Saudi-led policy of the past 18 months is working.
The results have been less clear outside of North America, with North Sea output, for example,
growing last year and projected to grow this year, while other provenances such as Brazil’s
offshore are feeling the bite of lower capital spending.
“On a global basis, the lagged response in supplies to lower investment is very apparent now,"
says Mr Chauhan. “We have seen year-on-year declines in crude stocks for three consecutive
months now, and with large upstream maintenance planned we expect this trend to continue."
Oil prices are up more than 40 per cent from their lows earlier this year, but the market’s fragility
was seen last week as the major benchmarks dipped back below $40 a barrel on the US
inventories news.
A steady drumbeat that lower investment is bearing fruit should support prices in the face of short-
term setbacks.

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 27 March 2016 K. Al Awadi

New base 816 special 27 march 2016

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