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2014-03-20 08:07:00

OMAN TO DELIVER OFFSHORE PLATFORMS

OMAN TO DELIVER OFFSHORE PLATFORMS

AOG. Sohar-based L&T Modular Fabrication Yard (MFY) will deliver five large offshore oil platforms for the Umm Lulu and Nasr Oilfields in Abu Dhabi, managed by Adma Opco.

Scheduled to commence their journey early next week, the five offshore oil platforms produced at the Oman-based yard each weigh over 3,000 Metric Tonnes and will begin their journey next week from the water-front manufacturing complex.

Further highlighting the commitment to skills development in the community, L&T is one of the few companies in the region to have set up a training centre’ campus in Sohar. The Centre provides an induction programme for Omani youth in batches of 40 individuals and conducts ongoing technical training on specialised fabrication techniques, including the welding processes — SAW, SMA and FCA, thus equipping them with the skills and experience to work as qualified welders in the sector.

A significant proportion of the trainees gain full-time employment within the L&T operation, while the in-house training programme allows for non-specialised individuals to enrol for technical training and emerge with more employable skills.

Tags: OMAN, ABU DHABI

Chronicle:

OMAN TO DELIVER OFFSHORE PLATFORMS
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

OMAN TO DELIVER OFFSHORE PLATFORMS
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

OMAN TO DELIVER OFFSHORE PLATFORMS
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

OMAN TO DELIVER OFFSHORE PLATFORMS
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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