Most of us are already in the year-end holiday mood, ready to unwind after a busy year. For the oil and gas sector, 2022 has been an eventful and challenging year, but things don’t seem to be slowing down. In case you missed the action, here are the top five stories of the week: 1. Petrofac […]
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Petronas awards EPCC contracts to JGC and Samsung Heavy Industries
Japan’s JGC and South Korea’s Samsung Heavy Industries will build Petronas’ third floating liquefied natural gas (FLNG) project after winning the engineering, procurement, construction and commissioning (EPCC) contract. Industry shipping publication TradeWinds reported the pair beat a rival consortium of Saipem and Wilson Offshore & Marine after a decision was made this week. There has […]
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QatarEnergy renews development contract for Al-Karkara offshore fieldÂ
Under the new agreement, Japan’s Qatar Petroleum Development Co will continue to act as the operator of the oil fields
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Eni awards construction and installation contract for offshore unit
Eni has signed a contract with Chinese contractor Wison Heavy Industry for the construction and installation of a Floating Liquefied Natural Gas (FLNG) unit with a capacity of 2.4 mtpa offshore the Republic of Congo. This facility will be the second FLNG to be deployed in the Republic of Congo, the first one being Tango FLNG, with LNG […]
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L&T wins EPC contract for world’s largest hydrogen plant in Saudi Arabia
L&T will execute power grid and power generation works for the plant on an EPC basis
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ADNOC L&S signs deal for Indian LNG terminal
ADNOC Logistics & Services (L&S) and Atlantic Gulf & Pacific International Holdings (AG&P) have signed their third charter deal to utilise Ghasha, ADNOC’s LNG carrier, as a floating storage unit offshore India. Under the terms of the agreement, the carrier will be used at AG&P’s LNG Import Terminal in India, which will be commissioned in […]
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National oil companies expected to announce more projects driven by expansion plans
The Middle East is home to some of the world’s largest conventional onshore and offshore oil and gas fields. The most prominent fields in the region include Ghawar and the Safaniya oil fields in Saudi Arabia, the Burgan oil field in Kuwait, the Rumaila oil fields in Iraq. According to APIOCRP, MENA’s five-year energy investment […]
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