Eugene Korovin, an associate director at Standard & Poor’s Ratings Services, discusses the challenges facing EEMEA utilities in the short-to-medium term.
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The Caspian: Finding a way out
The countries of the Caspian may possess huge energy reserves, but the real challenge is creating exit routes to international markets.
Dolphin delivers
The region’s first cross border energy pipeline project shows exemplary vision for regional co-operation.
Tendering deadline passes
Deadline passes for Dolphin’s Taweelah to Fujarah pipeline.
Algeria upturn
Through its oil and gas sector, Algeria has experienced a significant economic upturn in recent years.
Corus in deep water deal
New linepipe to reach deep-water depths of up to 8 300 feet.
Demand deficit
A growing region calls for temporary power generation solutions to support its under-pressure utilities.
UAE’s TAQA acquires SWS Holding in $463 million mega transaction
UAE’s utility giant Abu Dhabi National Energy Company (TAQA) has announced the full acquisition of SWS Holding following a deal worth AED 1.7 billion ($463 million), according to a press statement by the company. The acquisition will create a vertically integrated player with strong water treatment capabilities and a commitment to operational efficiency and customer […]
QatarEnergy set to sign second LNG megadeal with China
QatarEnergy is set to secure its second large gas supply deal with China in less than a year, Reuters reported, citing sources familiar with the deal. China National Petroleum Corp (CNPC) and QatarEnergy are expected to sign a 27-year agreement later today, under which China will purchase 4 million metric tons of LNG a year […]
Qatar to build major oil refinery in Iraq and launch new company for oil tankers
Qatar and Iraq have signed an an MoU to establish a 150,000 barrels per day oil refinery in Iraq, the Peninsula reported. Both countries have also signed an MoU to establish a joint company that will build and operate oil tankers that carry crude oil and petroleum products according to the laws in force in […]