Taking into account its modest oil production, the Kingdom intends to improve its energy infrastructure and the downstream sector to reduce dependence on imports and insulate itself from the blow of the oil and gas downturn
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Gazprom allays worries over antitrust issues
As part of the deal, EU regulators said Gazprom will also drop clauses in its supply contracts with wholesalers and some industrial customers barring them from exporting its gas to other countries
Cover Story: Contracting expertise
Alan McLean, executive vice president of the oil & gas business of SNC-Lavalin says an order book replete with energy engineering projects in the MENA region is helping the Canada-based EPC contractor survive the prevailing downturn in the energy industry
QP, Exxon, Eni, Total bidding for offshore Cyprus
ENI and Total jointly negotiated a licence for a block off the island’s south coast, ENI secured another on its own, and ExxonMobil and Qatar Petroleum successfully bid for a third.
Cover Story: The sulphur migration
Angie Slavens, explains how sulphur, although considered by many oil and gas producers as a costly consequence of environmental compliance, actually has a very robust and important supply chain of its own, in an interview given to Martin Menachery.
Top management changes at TÃœV SÃœD Chemie Service
Thomas Walkenhorst recently took over as CEO of TÃœV SÃœD Chemie Service and he will be supported by the recently appointed chief operating officer, Hans Joachim Machetanz.
Lukoil of Russia plans Middle East expansion
The company is currently involved in Iraq, with 400,000 bpd of oil production, and in Egypt, with 6,000 bpd
Iran, Iraq ink MoU to boost oil cooperation
The two sides agreed to establish a joint committee to follow up on the taken decisions and agreements
LNG sector to get impetus from global demand
Number of global and regional drivers for future LNG development, such as energy efficiency and environmental policy changes, which are expected to lead to the decarbonisation of several sectors including the shipping and transportation industries
QP joins consortium to develop Pakistan’s LNG
The consortium includes US ExxonMobil , France’s Total , Japan’s Mitsubishi, and Norway’s Hoegh