A ministerial meeting of GECF assessed the current dynamics of the natural gas industry, as well as its future
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Kuwait to lead the Middle Eastern refinery capacity growth by 2024, says GlobalData
The nation’s Al Zour project is leading its growth in refinery capacity
OPEC, GECF hold first high-level meeting
The meeting highlights increased cooperation between the two entities, which respectively represent oil producers and gas producers
Dana Gas sells onshore Egypt production business worth $236 million
An IPR Energy Group subsidiary will buy the producing assets
Planned gas investments in MENA jump by 29% compared to last year : APICORP
The impact of COVID-19 will accelerate the industrial share of domestic gas demand and petrochemicals demand in MENA
Revealed: The top 30 EPC contractors of 2020
A mix of regional and international contractors have made the top of the list for their work in the past year
HYUNDAI ENGINEERING
This South Korean company is part of a $2.4bn contract to build a seawater supply facility in Iraq from Basrah Oil Company. It will supply 5mn barrels of water per day.
OIEC
OIEC is currently working on the Azar oil field development, along the Iran-Iraq border, and could reach 65,000 barrels per day of production.
PETROFAC
Petrofac has made some welcome headlines through 2020, adding some positivity to the news mix. It partnered with Microsoft for an Internet of Things platform in February, the same month it won a $1.65 billion contract for ADNOC’s Dalma project, as well as a $40 million gas storage project from Sharjah National Oil Company. While […]
Oil demand could see 97% recovery by Q4: Saudi oil minister
Countries lagging behind with OPEC+ cuts will have to compensate with additional cuts until September