Industry figures believe energy prices will level off in 2009
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Bahrain a gateway for KBC
Independent consultancy company capitalises on regional market strength
Regional upstream investment up 9%
GCC’s $200 billion-plus E&P projects drive fresh investment prospects throughout energy value chain
Conflict bites when money is tight
Legal insight relating to upstream projects.
Qatar slows North Field progress
Samuel Ciszuk of IHS Global Insight reviews the implications of Qatar’s force majeure
Petrofac wins $2 billion Asab deal
Major Abu Dhabi onshore contract injects fresh capital into local fabrication sector
Rocky road ahead
2009 will prove tight for new entrants, but relationships built in the last cycle will sustain the established upstream players.
Raising the alarm
Effective communication and coordination between governments and industry is essential if oil spills are to be both prevented and remedied.
Reactor time
Doubts over the availability of gas for power generation, growing demand for electricity, environmental concerns and the need to power desalination plants mean that many countries in the region are now planning to introduce nuclear into the energy mix.