“We have an ambitious vision to return Libya to the ranks of the world’s foremost energy-producing countries,” noted NOC Chairman Farhat Ben Gdara
News
Posted inNews, Energy Transition
Saudi Arabia awards major contract for emissions-free futuristic city
Saudi Arabia has awarded a five-year contract for consultancy services to Atkins as a delivery partner for THE LINE mega-project, which is currently being developed in northwest Saudi Arabia on the Red Sea. Atkins, a member of the SNC-Lavalin Group, will join THE LINE – the 170km-long sustainable mega-city, which will have no roads, cars or carbon […]
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Posted inNews
Kuwait invites bids to power oil and gas facilities with renewable energy
Two state-owned Kuwaiti oil companies have invited consultancy bids from five Western firms to study the use of renewable energy to run their facilities, Zawya Projects reported, citing a Kuwait newspaper. France’s Technip and Worley Engineering of Australia are amongst the companies that are invited to submit bids. The Kuwait National Petroleum Co and the […]
Posted inNews
Historic moment: ADNOC delivers first Middle East LNG cargo to Germany
ADNOC and RWE announced today the successful delivery of the first shipment of LNG from Abu Dhabi to the Elbehafen floating LNG terminal in Germany. Produced by ADNOC Gas at Abu Dhabi’s Das Island, the shipment of 137,000 cubic meters of LNG is the commissioning cargo for the new floating LNG terminal in Brunsbüttel and […]
Posted inNews
OPEC expects higher oil demand growth as China relaxes COVID restrictions
The projection is 100,000 bpd higher than last month’s forecast
Posted inNews
World needs $1 trillion annually for energy transition, expert says
The world needs about $9 trillion of investment annually to tackle climate action and about $1 trillion annually to exert energy transition in many countries, according to Makhtar Diop, managing director of the US-headquartered International Finance Corporation (IFC). Speaking at the World Government Summit 2023 in Dubai, Diop said the aim of the world leaders […]
Posted inNews
Hiring soon: Kuwait Oil Company to recruit foreign technical workers
Kuwait Oil Co (KOC), a subsidiary of state-owned Kuwait Petroleum Corp, said it plans to bring in skilled technical workers from several countries including Canada, US, Egypt, Southeast Asia and the Gulf states. The company will hire technicians who are experts in drilling operations, maintenance, exploration and production, and medical and health, safety, environment and engineering, […]
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