The agreements between both companies are focused on focus on energy transition, energy supply, and decarbonisation.
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Posted inNews
Investigation finds explosive traces at mysterious Nord Stream blast sites
The blasts in September that caused massive leaks from the natural gas pipelines from Russia to Europe were caused by “gross sabotage,” Swedish authorities confirmed Friday, noting that traces of explosives have been found as part of the ongoing investigation. Swedish authorities said that their examination of the Nord Stream 1 and 2 pipelines in […]
Posted inEPC Contracts
Indian EPC giant L&T reports 57 contracts in 2022
Larsen & Toubro (L&T) has won over 57 contracts so far in 2022 as it continues to strengthen its presence in the oil and gas EPC sector, Construction Week reported. Last month, the company reported “better-than-expected” second-quarter profit, on the back of a surge in order inflows. The company’s profit grew by 22.5% to $269.35 […]
Posted inEPC Contracts
EPC contractor Galfar’s JV secures $83.1 million contract from Shell Oman
The scope of work includes design and build and operation of the field operating base
Posted inNews
Opinion: How Middle East oil companies should respond to higher oil prices
The recent surge in the oil price is an opportunity for National Oil Companies (NOCs) in the Middle East to reinforce their commitment to transformation. For the moment, profits are plentiful and providing ample funding to their host governments’ budgets. However, the long term pressure on the oil price remains significant and there are no […]
Posted inNews
Top 25 EPC Contractors 2022
Revealing the top 25 EPC players in the Middle East region
Posted inLists, EPC Contractors List
Top 25 EPC Contractors 2022
Revealing the top 25 EPC players in the Middle East region
Posted inMarkets
Russia threatens to halt energy supplies to Europe as energy crisis deepens
Putin’s comments follow G7’s plans to impose a price cap on Russian oil exports last week
Posted inDownstream
QatarEnergy signs agreement with TotalEnergies for the North Field East LNG project
TotalEnergies and QatarEnergy have formed a joint venture (25:75) which will have a 25% interest in the 32 Mpta NFE project
Posted inNews
Saudi Arabia looks to position NEOM as a hydrogen leader
Discussions occurred at the World Hydrogen MENA conference, held in Dubai last month. It brought together more than 200 attendees for two days of panels and networking
At the first-ever conference devoted exclusively to carbon-free hydrogen in the Middle East and North Africa (MENA), participants looked in depth at the technical and financial complexities of getting major projects off the ground. They covered projects announced by various consortiums worldwide, all in early-stage development. An exception appeared in Saudi Arabia’s $5bn hydrogen-based ammonia […]