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
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Siemens makes record in fast-track power projects
Making a new world record for fast-track power projects, Siemens has already connected to the Egyptian grid 4.8 gigawatts of power generation capacity, where 400 megawatts (or 10 percent) are surplus through turnkey technology leadership.
Platts launches LNG price assessment for MENA
The Platts MEM will cover the spot price of cargoes delivered into Middle East ports as well as in Pakistan, where LNG imports have climbed from 5.9 bcm of gas in 2014 to 28.6 bcm in 2016
Dragon Oil appoints new board member and CEO
Al Falasi takes over Abdul Jaleel Al Khalifa, who served as CEO of Dragon Oil since 2008
Cover Story: Integrated approach
Boris van Thiel, CEO, Regional Cluster Gulf States, Thyssenkrupp Industrial Solutions, discusses innovations and trends in the Middle East petrochemical industry, in an interview given to Martin Menachey during the 11th Annual GPCA Forum in Dubai.
Kuwait Energy signs $100mn financing with Vitol
The Kuwaiti oil and gas exploration and production company, with assets in Egypt, Iraq, Oman and Yemen, said it has received the first drawdown of $40mn
Rosneft acquires stake in Eni’s Shorouk concession
The Russian company will pay Eni $1.13bn for an initial 30% stake in the Shorouk concession, which includes the Zohr find
Geopolitics to have greater sway over oil market
As markets undergo structural changes, now is the perfect time to try and win a more favourable position, which companies can only achieve via a strategic marketing approach, experts at Euro Petroleum Consultants say
Adapted to tech faster than the rest of the world
Honeywell’s president and CEO Norm Gilsdorf discusses the company’s long presence across the region
Kuwait Energy aiming to close $100mn RBL loan
The Kuwaiti oil and gas exploration and production company, with assets in Egypt, Iraq, Oman and Yemen, is likely to obtain the financing on a bilateral basis from the European Bank for Reconstruction and Development