New base special 06 february 2014

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NewBase 06 February 2014 Khaled Al Awadi

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Songa Offshore: High Operational Efficiency in January http://www.offshoreenergytoday.com and Press Release .

Songa Offshore, an international offshore drilling company, has announced its rig fleet

update for January 2014.

• Songa Venus achieved an operational efficiency of 100% and an earnings efficiency of 97% during the month working for Mubadala Petroleum in Malaysia.

• Songa Mercur achieved an operational efficiency of 100% and an earnings efficiency of 99% during the month working for Idemitsu in Vietnam.

• Songa Trym achieved an operational efficiency of 100% and an earnings efficiency of 97% during the month working for Statoil in Norway.

• Songa Dee achieved an operational efficiency of 100% and an earnings efficiency of 94% during the month working for Statoil in Norway.

• Songa Delta achieved an operational efficiency of 100% and an earnings efficiency of 95% working for Statoil in Norway.

The earnings efficiencies of the three rigs operating in the North Sea were all negatively impacted by the rigs earning a Waiting-on-Weather rate due to inclement weather for extended periods of the month.




Production start at Nigerian Opuama oilfield www.Uppstream.com

State-owned oil company Nigerian Petroleum Development (NPDC) has started producing from the

Opuama oilfield onshore Nigeria. London-listed Eland Oil & Gas, the joint venture partner, revealed the

start of production on Wednesday.

The Opuama oilfield, located on the OML 40

license, started producing on Tuesday.

Following successful testing and commissioning

of the facilities, two existing wells were re-

opened. Output from the wells is expected to

stabilise at 2500 barrels of oil per day.

Crude produced will be delivered to the Shell Forcados export terminal via a recently-commissioned flowstation and export pipelines. The field has gross recoverable proven and

probably reserves of 52.4 million barrels. NPDC is the operator of the field and holds a 55% interest, while Eland’s joint venture company, Elcrest Exploration and Production, holds the remaining 45%.

Production from the field was delayed late last year, sending Eland shares plummeting. Eland expected production to begin by the end of 2013, after pushing back the start date from the end of last year's first quarter.




Mexico exports first shipment of extra light Olmeca crude to India Feb 4 (Reuters)

Mexico's national oil company Pemex will export its first shipment of extra light Olmeca crude to India later this month, the company said on Tuesday, as it seeks to expand markets beyond the neighboring United States.

Pemex's commercial arm P.M.I.

Comercio Internacional will

deliver a shipment of 500,000

barrels of Olmeca in addition to

1.5 million barrels of heavy Maya

crude oil to the Asian nation

during the second half of

February, a company

spokesperson told Reuters.

Olmeca is Mexico's most valuable form of crude. The vast majority of Mexican output is heavier crude which is more costly to refine.

Current average Mexican oil exports to India are around

100,000 bpd, which up until now has only comprised of Maya. The exports are part of an ongoing plan by Pemex to diversify its export markets away from the United States, which is importing less Mexican crude as its own domestic production surges.

Last year, about 70 percent of Mexico's crude exports were sent to the United States, but export volumes to the U.S. are down by half since reaching a peak of 1.6 million barrels per day (bpd) in 2004, according to data from Mexico's national statistics agency INEGI.

Mexico's crude oil production, which currently stands at 2.5 million bpd, is down by a quarter over the past decade. Pemex has said it sees both India and China as future growth markets for its crude.

A sweeping energy reform signed into law in December promises to boost output by luring significant new streams of foreign investment into Mexico's oil industry over the next several years. So-called secondary laws needed to implement the reform are expected by April.

About Petróleos Mexicanos :Pemex,

is the Mexican state-owned petroleum company, created in 1938 by nationalized petroleum and the expunging of all private foreign and domestic companies at that time. Pemex has a total asset worth of $415.75 billion, and is the world's second largest non-publicly listed company by total market value, and Latin America's second largest enterprise by annual revenue as of 2009, surpassed only by Petrobras (the Brazilian National Oil Company). The majority of its shares are not listed publicly and are under control of the Mexican government, with the value of its publicly listed shares totaling $102 billion in 2010, representing approximately one quarter of the company's total net worth Emilio Lozoya Austin is the current CEO of Pemex.




National Gas Company S.A.O.G. (Oman) confirms CEO detained in corruption case http://in.reuters.com/article/2014/02/05/oman-nationalgas-corruption-idINL5N0LA06I20140205

Oman's National Gas Co SAOG confirmed on Wednesday that its chief executive had been detained by

the public prosecutor over suspected bribery, and said the firm's financial c

ontroller would take over as acting CEO.

A source in the prosecutor's office told Reuters earlier this week that the detention of the

CEO, named on the company's website as Goutam Sen, was part of a wider corruption probe involving Oman's oil industry and related sectors.

"The Board of Directors wish to inform that the Company has received a reply from the public prosecution regarding the detention of the Company's CEO," National Gas Co said in a bourse statement. "The reply received states that the CEO has been accused of bribing a government official."

The firm said its "business would run as usual" and directors "do not expect any financial implications on the company due to this development".

It said its financial controller, who was not named in the brief statement, "would be acting on behalf of the CEO so that routine operations of the company do not get affected".

Omani leader Sultan Qaboos has been pursuing an anti-corruption campaign in an effort to stem public anger about graft, which was one of the reasons behind mass protests in several Omani cities in 2011.

More than 20 government officials and private executives have gone on trial on charges of offering or accepting bribes in exchange for contracts, mostly in infrastructure projects.

National Gas Co bottles and markets liquefied petroleum gas which it buys in bulk from Omani refineries. It also provides engineering services.

About National Gas Company S.A.O.G. (Oman)

National Gas Company, a fully Omani owned Joint Stock Company is the pioneer in LP Gas Marketing in the Sultanate of Oman. The company was incorporated in 1979 to meet the growing LPG requirements of consumers in the region. In 1981, the company started bottling operations, heralded the beginning of LPG industry in Oman and has today spread its wings over the entire country by having 7 strategically located plants. The Company has sustained its pioneering status as energy solutions provider in the Asian Energy Market by maintaining continuous growth and innovation. With presence in Oman, United Arab Emirates, Saudi Arabia,Qatar and Malaysia, the company is now focusing on the high growth South East Asian LPG market. The company diversified to associated valued added businesses to increase its presence, customer satisfaction and shareholder’s value.

NGC Group Companies

National Gas Company (Oman) NGC Energy (UAE) NGC Energy (Malaysia)




Pakistan hopes to sign cut-price gas deal with Qatar http://www.arabianbusiness.com + Reuters

Pakistan will send officials to Qatar this month aiming to sign a liquefied natural gas (LNG) deal at a discount to help alleviate its power supply crisis, a Pakistani official said. There have been widespread public protests in Pakistan recent years over frequent power cuts due partly to a lack of fuel.

Islamabad had hoped to address the problem with natural gas piped overland from Iran but that project remains stalled by US sanctions against Tehran. It is now looking to much more expensive LNG to alleviate its power problems.

"Qatar wants to sell at a market price and Pakistan is looking to get a discount," the official said. "We expect the deal to be signed this month for an amount of 3.5 million tonnes per year." He said Pakistani energy officials would fly to Doha in late February hoping to convince Doha to sell them about 5 percent of Qatar's annual LNG output at below international market rates.

LNG currently trades in the Asian spot market at nearly $20 per million British thermal units Qatar, the world's leading LNG producer, is not known for offering discounts. Qatar has the capacity to produce up to 77 million tonnes per year

of the super-cooled gas.

In the past Doha has refused to sell discounted gas even to Arab Gulf allies and surging demand over the last few years has given producers the upper hand in contract talks. Pakistan has also not yet built a terminal to import LNG.




Russia's Gazprom Neft sees Iraqi output start in spring Reuters - By Katya Golubkova and Olesya Astakhova

Russia's Gazprom Neft plans to start commercial oil production in spring at its Badra oilfield in Iraq and hopes for an average output of 15,000 barrels per day (bpd) this year, a company official said on Wednesday.

Gazprom Neft, the oil arm of top Russian gas producer Gazprom, is targeting hydrocarbon production of 100 million tonnes of oil equivalent (2 million bpd) by 2020, up 60 percent from 62.2 million tonnes last year.

It earlier postponed initial production at Badra due to safety concerns and logistical problems. "We plan to start production (at Badra) in spring ... the target of this year is to reach output of 15,000 barrels per day," Vadim Yakovlev, a first deputy chief executive of Gazprom Neft, told reporters. Its output at Badra has been estimated to reach 170,000 bpd of crude oil by 2017.

Recent violence in Iraq, in part a spillover from neighbouring Syria, has increased concerns about

security, even while the government is hoping that this year will bring the biggest annual rise in oil exports in a decade. The oil field is located in the Wassit Province in eastern Iraq with an estimated 3 billion barrels of oil in place. The Russian company submitted a tender in December 2009 and signed a contract with the government in January 2010 to develop the field.

Since then, Gazprom Neft has had bumpy relations with the central Iraqi government over its plans to develop oil in the semi-autonomous Kurdistan region, where it has shares in the Garmian, Shakal and Halabja blocks. Yakovlev said the company plans to announce a commercial discovery at Garmian and start test production at the block this year but declined to elaborate.

Kurdistan alone may produce up to 10 million tonnes of oil equivalent (200,000 barrels per day) at Gazprom Neft's projects by 2020, he said.




SHALE WITH SHELL

In Russia, a joint venture between Gazprom Neft and Royal Dutch Shell has secured licenses this year to start exploration at three hard-to-recover fields in the Bazhenov formation in the West Siberian region of

Khanty Mansiisk, Yakovlev said.

Oil production from tight rock formations is needed to help keep Russia's output annual at over 10 million bpd, the world's largest. Gazprom Neft and Shell have already started "fracking" for oil in Siberia as part of another joint venture.

Moscow has introduced tax breaks to encourage the development of Bazhenov and other shale deposits, which have led to drilling ventures with international majors such as ExxonMobil and Statoil (Xetra: DNQ.DE - news) . Russian producers have so far

reported recoverable crude oil reserves of 500 million tonnes, or 3.5 billion barrels, in Bazhenov.

Yakovlev also said the company would probably sell oil from Prirazlomnoye, Russia's first Arctic offshore oil deposit, at a discount to Urals and Brent benchmark blends due to its higher sulphur content and higher viscosity.

Prirazlomnoye, which has faced stiff resistance from green activists, is expected to produce 6,000 bpd this year and plateau at 120,000 bpd in 2021. Gazprom Neft also banks on other Arctic fields to contribution to production.

Its Novoportovskoye onshore Arctic field is scheduled for commercial production at the end of 2015 or beginning of 2016 and reach with peak production of 5.5 million tonnes (110,000 bpd) in 2018,

Yakovlev said. He added that the peak production estimate might be revised upwards by the end of this year after additional exploration.

Novoportovskoye, previously expected to produce 120,000 to 180,000 bpd by 2020, has better oil characteristics by comparison with Prirazlomnoye and may become a new grade to feed refineries in northwest Europe. It is expected to trade at a premium to Brent.




United States says Iran 'not open for business' Khaleej Times - 05 February, 2014

United States warns the growing number of business delegations traveling to Iran that sweeping sanctions remained in place. US officials declared on Tuesday that Iran is “not open for business” and vowed to

scrutinise companies heading to the Islamic republic since it entered a temporary nuclear agreement.

Testifying before skeptical lawmakers, President Barack Obama’s administration detailed initial sanctions relief to Iran, including the transfer of $ 550 million in frozen oil revenues as part of a six-month nuclear agreement. But Wendy Sherman, who is spearheading the diplomacy with Tehran, said that the United States was warning the growing number of business delegations traveling to Iran that sweeping sanctions remained in place.

“Tehran is not open for business because our sanctions relief is quite temporary, quite limited and quite targeted,” Sherman, the under secretary of state for political affairs, told the Senate Foreign Relations Committee. “It doesn’t matter whether the countries are friend or foe — if they evade our sanctions, we will sanction them,” she said. Sherman said that Secretary of State John Kerry spoke to Foreign Minister Laurent Fabius about a major French delegation that is visiting Tehran, telling him that the trip — while from the private sector — was “not helpful” in sending the message that “it is not business as usual.” The delegation from the French employers’ union Medef is the largest from Europe since the November nuclear accord and includes representatives from major companies such as Total, Lafarge and Peugeot. Addressing the delegation, Deputy Oil Minister Ali Majedi encouraged foreign companies to return. David Cohen, the Treasury Department official in charge of the sanctions, acknowledged “a slight uptick” in Iran’s economic indicators but said that the United States would “vigorously” enforce sanctions. “The Iranian economy is operating at significantly reduced levels and will continue to massively underperform for the foreseeable future,” Cohen said. The November agreement between Iran and six powers — Britain, China, France, Germany, Russia and the United States — required Tehran to scale back its nuclear activities in return for the limited sanctions relief. The Obama administration has presented the deal as a way to a peaceful solution to address longstanding concerns with Iran but has said that it is not taking for granted that diplomacy will succeed. Iran insists that its nuclear programme is for peaceful purposes. The clerical regime has particularly tense relations with Israel, whose Prime Minister Benjamin Netanyahu has criticised the negotiated deal. The US Congress, where support for Israel runs deep, has looked at ramping up sanctions on Iran despite the accord, but Obama has threatened to veto any bid to derail the ongoing diplomacy. Senator Robert Menendez, chairman of the Senate Foreign Relations Committee who has distanced himself from fellow Democrat Obama on Iran, demanded that any final deal with Tehran include the dismantling of “large portions of its nuclear infrastructure.” “We have placed our incredibly effective international sanctions regime on the line without clearly defining the parameters of what we expect in a final agreement,” Menendez said.

Just hold your horses




Senator Jim Risch, a Republican, said that he was “disgusted” by the diplomatic effort. “I hope you will prove me dead wrong, but I don’t think (you) will, given the history of these people,” Risch said of Iran as he criticized its imprisonment of at least two US citizens.

But Senator Tim Kaine, a Democrat, said that sanctions brought Iran to negotiations, and it was now important to try “aggressive diplomacy.” Sanctions have “crippled the economy, but if anything it has also,

by making Iran isolated, accelerated their path to try to develop nuclear technology for whatever purpose,” Kaine said. “So if we’re going to stop that nuclear programme and that quest for nuclear weapons, we have to either do it diplomatically or do it militarily,” he said. Kaine warned that he would support war if

Iran pursued a nuclear weapon despite the deal. “We may have to undertake that significant step, but we shouldn’t do it if we leave diplomatic avenues unexplored,” he said. For more news from Khaleej Times, follow us on Facebook at facebook.com/khaleejtimes, and on Twitter at @khaleejtimes




Shell opens its first post-Macondo platform in U.S. Gulf Reuters - By Kristen Hays

Royal Dutch Shell said on Tuesday it is ramping up production at its newest Gulf of Mexico oil and gas platform, its first to start up after BP Plc's 2010 Macondo oil spill fouled the basin and stopped drilling for months.

Shell 's Olympus platform, towed out to sea last summer, is the first of seven new state-of-the-art platforms slated to start pumping Gulf crude to shore through 2016, reversing a decline in output and supplementing the U.S. onshore shale oil boom.

"2014's a big year for us in terms of starting up new production," John Hollowell, Shell's executive vice president for deepwater in the Americas, told Reuters in an interview.

Shell's Olympus sits about a mile (1.6 km) from its Mars platform around 130 miles (210 km) south of New Orleans, and is the company's seventh operated platform in the Gulf. Oil began flowing from its first completed well on Monday.

Shell said Olympus will help push the Mars oilfield's production to 100,000 barrels of oil equivalent per day (boepd) by 2016. In 2013, the field produced an average of 60,000 boepd, the company said.

Other major Gulf producers with projects slated to start cumulatively pumping more than 700,000 barrels per day in the next two years include Chevron Corp, Anadarko Petroleum (Dusseldorf: AAZ.DU - news) Corp and Hess Corp.

Growth in Gulf output will bolster the United States' emerging role as the world's top oil and gas producer, a trend helped by improved deepwater technology and advances in hydraulic fracturing and horizontal drilling that unlock hydrocarbons from tight rock reservoirs in places like North Dakota's Bakken and the Permian of West Texas.

The platform startup, as well as other projects to increase Gulf oil output, was a sharp contrast to cost issues facing the Anglo-Dutch oil company, including its decision to suspend its controversial Arctic drilling program as a wider effort to cut spending and streamline operations.

Shell Chief Executive Ben van Beurden told investors last week that improving profitability in North American upstream "will be a particular priority for us." Recent signs of such streamlining include Shell seeking to sell a stake in its newly reversed 300,000 bpd Houston-to-Houma crude oil pipeline, and shelving a proposed gas-to-liquids) plant in Louisiana because of rising costs.




But Shell's commitment to the Gulf, where the company is the top oil producer, as a growth area remains. Hollowell said the production startup of up to 50,000 boepd from its Cardamom field - which will be hooked up to Shell's Auger platform - is on track for this year.

Shell also aims to start pumping in 2016 from its Stones field in the Gulf, using the basin's second floating production, storage and offloading (FPSO) vessel rather than a moored platform like Olympus.

DELAYS ELSEWHERE

While Olympus started earlier than planned, startup for one of Chevron 's new platforms has been pushed to 2015. Chevron had planned to start both its 170,000 bpd Jack/St Malo and 75,000 bpd Big Foot platforms later this year, but Big Foot will be shipped out to sea in the third quarter with startup slated for 2015, the company said.

Both platforms figure heavily in Chevron's production growth plans. Also, BP last year put the brakes on its second Mad Dog platform project because costs had risen sharply. A BP spokesman said on Tuesday that the company remains committed to the project, albeit retooled as it evaluates different design and

development options.

One other deepwater

platform started up after the BP spill. LLOG Exploration in December 2011 began producing from its Who Dat field at a platform with capacity to handle up to 60,000 barrels per day of oil and 150 million cubic feet per day of natural gas. LLOG aims to start up its Delta House platform next year.

Hollowell said the startup of Olympus came six months ahead of schedule on efficiencies in design, construction and commissioning. Shell had expected the platform to start pumping in the second half of 2014, he said.

The quicker startup is partly due to a new onshore control room in New Orleans for Olympus, from which the company commissioned its seabed production equipment. "We are creating these operations centers for all our platforms. Olympus just happens to be the first one," Hollowell said.




The future of fossil fuels in the global economy http://voiceofrussia.com/2014_02_05/The-future-of-fossil-fuels-in-the-global-economy-5859/

The energy market of the 21st century is clearly proving to be very different from what energy in the 20th century used to be. Advanced economies are shutting down many of the traditional plants that used to provide most of the energy, only to be replaced with renewable energy producers as it becomes more cost efficient and prevalent. The Director General at World Petroleum Council, Dr. Pierce Riemer shared his view on the future of fossil fuels in the global economy .

The volatility of oil and gas prices is making many companies and even governments lean more towards alternative energy and so is the scarcity of the coveted resource. Dr. Pierce Riemer comments on what the prospects are for fossil fuels keeping their pivotal status in the global economy:

'We have an awful lot of oil and gas still in the ground. We are perhaps unique compared to lots of other industries as we don’t actually control the price of the product that we produce. So the oil price often influences what we do anyway. So, then you have activities – a lot of the unconventional activities – like the oil sands in Canada, like oil and gas fracking, going into the more expensive places to produce oil, like the Arctic. All these things seem to come on stream. Although the conventional – or the easy oil if there ever was such a thing – is coming towards the end, there are so many unconventional resources.'

The comfort of maintaining the current market status quo only partially explains why the shift towards a fully green economy hasn’t happened yet. The reliance on traditional energy, namely fossil fuels, is explained through the systemic character of the resource. Many economic models on which to reside the business activity of large scale international enterprises and even sectors of economy is built around oil and gas. Dr. Pierce Riemer further explains why a sudden and complete seismic shift away from fossil fuels is hardly the world’s immediate future:

'There are so many energy and economic models out there to look at. Every country has its own model: OPEC has theirs, IAEA has theirs, most governments have their own as well. Most of those models still see us relying on fossil fuels at least for the next fifty to seventy five years. Hopefully, there will be a progression towards renewable over the fossil fuels, because we will run out eventually.'

The future of energy is, of course, in the cleaner sources of power. Renewable energy is growing quickly, but it isn't the largest electricity producer. How soon they start dominating the energy market is largely dependent on their becoming completely economically viable .




Collabro Helps Maersk Oil Qatar to Track Offshore Personnel http://www.offshoreenergy.com

Collabro has announced its first major contract win in the Middle East with Maersk Oil in Qatar. The agreement, worth in the region of £460,000, will see Vantage POB and support services delivered in the region. Vantage POB is the industry standard personnel tracking system for the oil and gas industry in the

UKCS and in Europe. The web-based system enables users to efficiently monitor and control the movements of personnel to and from offshore facilities and also onshore sites such as process plants.Vantage POB tracks 18,000 personnel working offshore across 250+ installations with 4500 users in the UKCS alone with 99.98% availability and 100% reliability.

Kevin Walker, Vantage POB product manager at Collabro, said:

“Maersk Oil Qatar has selected Vantage POB to provide

comprehensive personnel logistics management across all assets in the vast Al Shaheen oil field. This is our

first major client in the Middle East and is attracting great interest from other companies situated within the

Arabian Gulf.

Positively, we are

seeing an increased

number of global oil

and gas operators

underlining their

commitment to

efficient health, safety

and personnel

logistics management.

The fact that Vantage

POB has been tried

and tested in the

UKCS, for the past 10

years, gives the

product a lot of global

credibility. We are

looking forward to

accelerating our

international

expansion over the

next year, as this

trend continues.”

Vantage POB is now used by 65 oil and gas operators from Alaska

to Australia. Collabro has also established Vantage POB as the platform for country-wide offshore safety passports, with coverage for all offshore oil and gas workers in the UK, the Netherlands, and Nigeria.




Brent holds above $106 http://www.upstreamonline.com

Brent crude held steady above $106 a barrel on Thursday as worries over global economic growth dented

the demand outlook, with its premium to US crude continuing to narrow as more cold weather hit the United

States. The oil market has mostly escaped the recent selloff in risky assets, which was sparked by emerging

markets turmoil and a mixed picture on global economic growth.

"Commodities have largely been unaffected by the

emerging market turmoil so far. Industrial metals are likely

to be most affected, while the energy market is getting

support from the fact that the global economy presumably

is back on the right track," said Mark Keenan, head of

commodities research in Asia at Societe Generale.

Brent crude was trading 5 cents higher at $106.30 per barrel early on Thursday, having settled up 47 cents

the session before. US crude rose 18 cents to $97.56 a barrel, after closing up 19 cents. The benchmark was

supported as severe snow and ice storms in the Northeastern states boosted demand for heating fuels. The

storms had left almost a million homes and businesses without power on Wednesday.

US stocks of distillates fell 2.4 million barrels last week - more than expected - and inventories of the fuels

on the East Coast declined to their lowest level since April 2003 due to the continued cold spell, data from

the Energy Information Administration (EIA) showed. "Recent cold weather has increased demand of

distillates in the United States, and that has kept the petroleum complex elevated," said Keenan. Demand for

jet fuel, however, was hit with 2880 flights cancelled on Wednesday throughout the United States.

Oil markets were also supported by a pickup in the US services sector in January, with steady strength in

private-sector hiring, suggesting the winter weather that socked the country over the few several weeks had

a limited effect on the economy. Crude stocks at Cushing fell 1.6 million barrels to 40.3 million barrels last

week, reflecting the start-up last month of TransCanada's 700,000 barrel per day Gulf Coast pipeline, which

had been expected to ease a glut at the Oklahoma storage hub.

Support for US crude narrowed the gap to the international benchmark to $8.74 per barrel on Thursday. The

spread touched $7.94 per barrel on Wednesday, the narrowest since 10 October, before closing at $8.87 per

barrel. The narrowing gap comes as many investors have pulled out of heavy speculation in the spread.

"We have seen a clear step back from the speculative community, including hedge funds, simply because

they lost so much money on trading the spread. As a result, the spread is now more driven by fundamental

factors, and this will keep volatility in the spread lower," said Keenan, who expects the spread to narrow

further.

Elsewhere, Syria on Wednesday missed a deadline to hand over all the toxic materials it declared to the

world's chemical weapons watchdog, putting the programme several weeks behind schedule and

jeopardising a final 30 June deadline. Investors will also keep an eye on the outcome of Thursday's

European Central Bank policy meeting and whether policymakers would consider further stimulus to help a

still-fragile euro zone economy.




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

Your partner in Energy Services

Khaled Malallah Al Awadi, MSc. & BSc. Mechanical Engineering (HON), USA ASME member since 1995 Emarat member since 1990

Energy Services & Consultants Mobile : +97150-4822502

[email protected] [email protected]

Khaled Al Awadi is a UAE National with a total of 24 yearsKhaled Al Awadi is a UAE National with a total of 24 yearsKhaled Al Awadi is a UAE National with a total of 24 yearsKhaled Al Awadi is a UAE National with a total of 24 years of experience in theof experience in theof experience in theof experience in the Oil & Gas sector. Currently working as Technical AffaiOil & Gas sector. Currently working as Technical AffaiOil & Gas sector. Currently working as Technical AffaiOil & Gas sector. Currently working as Technical Affairs rs rs rs

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maintenance agreements along with many MOUs for the local authorities. He has become a reference for many of the Oil & Gas Cmaintenance agreements along with many MOUs for the local authorities. He has become a reference for many of the Oil & Gas Cmaintenance agreements along with many MOUs for the local authorities. He has become a reference for many of the Oil & Gas Cmaintenance 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 onferences held in the UAE onferences held in the UAE onferences held in the UAE

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NewBase 06 February 2014 K. Al Awadi

Economy & Finance

New base special 06 february 2014