Majid Jafar, CEO of Crescent Petroleum, talks about the family-owned business, pioneering natural gas supply in the region and attaining carbon neutrality, all while thriving as a private company based in Sharjah
News
Posted inUpstream, News
Indonesia approves $3 billion investment for offshore gas block
Indonesia has approved the first plan of development for the Tuna offshore gas field with an investment of nearly $3 billion up to the start of production, Reuters reported on Monday, citing upstream oil and gas regulator SKK Migas. The Tuna field, located in the South China Sea between Indonesia and Vietnam, is expected to […]
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Upcoming large projects to strengthen Saudi-Oman trade ties
Abdulsalam Al Murshidi, executive president of the largest sovereign wealth fund of the Sultanate of Oman, has confirmed that large projects linking Oman and Saudi Arabia will be announced in the future. He also affirmed that economic ties between Oman and Saudi Arabia have taken great strides towards integration and strengthening the partnership between the […]
Posted inNews, Upstream
Top 5 oil and gas trends to watch for in 2023
After a turbulent year, the oil and gas industry is proving resilient amid uncertainty
Posted inNews
UAE holidays: 4-day weekend for public and private sectors
The UAE Cabinet released last month the approved holiday dates for public and private sectors in 2023. Holiday dates for Eid will see residents having a four-day weekend, followed by two other long breaks in 2023. Eid-al-Fitr 2023 will see a four-day weekend in the UAE, as the nation marks the beginning of the Islamic month Shawwal. Eid-al-Fitr also marks […]
Posted inNews
Technip Energies secures $265 million contract for Chevron-QatarEnergy JV project
Technip Energies has been awarded a major contract worth over $265 million by Chevron Phillips Chemical (CPChem) and QatarEnergy for its joint venture project, the Golden Triangle Polymers, along the Gulf Coast in Texas, US. The scope of work includes supply of proprietary cracking furnaces linked to the 2,000 kilo tonnes per annum (kta) ethane […]
Posted inNews
SABIC, OQ to launch major project in Oman
Saudi Arabia’s SABIC, Oman’s state energy company OQ and Kuwait Petroleum International have signed an agreement to develop a petrochemicals complex in the Duqm economic zone, state news agency ONA reported on Wednesday. The complex will consist of a steam cracker and derivative units, and a natural gas liquid (NGL) extraction facility. The special economic […]
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