QatarEnergy will sign a long-term LNG supply deal with Bangladesh’s state-owned gas company Petrobangla on Thursday, Reuters reported. This marks the second Asian sales deal to be sealed for Qatar’s North Field expansion project. The 15-year agreement is for the supply of 2 million tonnes annually, Petrobangla’s Chairman Zanendra Nath Sarker told Reuters. Supplies are […]
Search results
Posted inNews
Shell awards contract to Worley for major global projects
Shell has awarded Worley an enterprise framework agreement (EFA) to support Shell’s projects worldwide. Worley announced in a statement that the EFA will be effective for three years, with options for two additional one-year extensions. The agreement encompasses a wide range of services, including engineering, procurement, and integrated project management, for all of Shell’s businesses. […]
Posted inNews
How BGN is building a sustainable future
BGN, a leading player in the global trade, storage, and transportation of petroleum products and petrochemicals, recently participated in the prestigious Middle East Petroleum & Gas Conference (MPGC) held in Dubai on May 22-23. Emin Imanov, CEO of BGN Trading, shared valuable insights about BGN’s operations during an exclusive panel discussion that focused on the company’s ability to connect producers, processors, and […]
Posted inNews
Iran a responsible member of the OPEC family: Secretary General
OPEC will welcome Iran’s full return to the oil market when sanctions are lifted, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC) told the Iranian oil ministry’s website SHANA on Monday. “We believe that Iran is a responsible player amongst its family members, the countries in the OPEC group. I’m sure […]
Posted inNews
GE Gas Power empowers Kuwait’s energy future with technology centre
GE Gas Power is actively contributing to Kuwait’s energy and economic development by not only providing advanced gas turbines, services, and upgrades but also by fostering the growth of local professionals through the GE Kuwait Technology Centre (GEKTC). This one-of-a-kind facility serves both domestic and international customers, including prominent oil and gas companies. It consists […]
Posted inNews
‘Historic day’: Bahrain’s nogaholding rebrands as Bapco Energies in diversification push
Bahrain’s Crown Prince and Prime Minister, HRH Prince Salman bin Hamad Al Khalifa, introduced Bapco Energies as the new brand identity for the kingdom’s Oil and Gas Holding Co (nogaholding) on May 29, Trade Arabia reported. During the brand unveiling, HH Shaikh Nasser bin Hamad Al Khalifa, chairman of the nogaholding (now Bapco Energies) described […]
Posted inNews
Samsung C&T awards contract for Qatar’s solar megaproject
Sunpure has secured a contract from South Korean engineering and construction firm Samsung C&T to supply PV cleaning robots for Qatar’s largest solar plant—the industrial cities solar power project (IC Solar). The contract requires Sunpure to provide intelligent PV cleaning robots for two solar PV plants, with 875 MW of capacity. Both projects are expected […]
Posted inNews
UAE unemployment insurance: Everything you need to know
The UAE has introduced an unemployment insurance scheme for all employees in the country. The scheme is mandatory and those who have not subscribed by the deadline of June 1 will face fines following the one month grace period ending on June 30. The mandatory job loss insurance is applicable for all employees in the Emirates […]
Posted inNews
Natural gas prices could dip below zero in Europe: Report
Natural gas prices in Europe are likely to plummet further on lackluster demand from power generation and industry. This downward trend has led traders and industry officials to consider the possibility of day-ahead prices dipping below zero in some European markets during the summer, according to a report by Oilprice. According to the report, several […]
Posted inNews
Saudi Arabia’s energy megaprojects: 3 upcoming developments you need to know about
Saudi Arabia has announced several ambitious plans to launch a wave of megaprojects that are set to transform the country into a global economic powerhouse, as reported by Arabian Business. With investment totaling billions of dollars, the kingdom is embarking on a journey to diversify its economy away from oil, create jobs, and boost its international standing […]