US National Security Advisor Jake Sullivan recently met with heads of UAE, Saudi Arabia and India in Riyadh, lending credence to a report that the three Asian countries are getting together to create a major railway network, Arabian Business reported. American news website Axios, on Friday reported that the US is discussing plans for the railway network, […]
midstream
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Middle East to launch over 600 oil and gas projects until 2027
The Middle East is expected to commence 621 projects between 2023 and 2027, according to data from GlobalData Energy. Out of these, upstream projects would be 81, midstream would be 141, the refinery at 84, and petrochemicals would be the highest with 315 projects. New build projects are expected to lead the upcoming project landscape […]
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Eni, Snam finalise $438 million pipeline deal
Italian energy infrastructure company Snam earlier this week closed the acquisition of a 49.9% of the equity interest directly and indirectly held by Eni in the companies operating two groups of international gas pipelines connecting Algeria to Italy. The scope of the transaction includes the onshore gas pipelines running from the Algeria and Tunisia borders to […]
Posted inProducts & Services
China to witness significant midstream project starts in Asia by 2025
Liquids storage projects would constitute around 29% of all midstream projects’ starts in China during the period 2021 to 2025
China is expected to commence the operations of 70 midstream oil and gas projects from 2021 to 2025, accounting for about 21% of the total upcoming midstream project starts in Asia by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – […]
Posted inProducts & Services
India to account for 35% of midstream project starts in Asia by 2025
Transmission pipeline projects will constitute approximately 47% of midstream project starts in India between 2021 and 2025
India is likely to start the operations of 118 midstream oil and gas projects from 2021 to 2025, accounting for 35% of the total upcoming midstream project starts in Asia by 2025, according to GlobalData. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – Transmission Pipelines Dominate Global Midstream Project Starts’, […]