Liv Hovem, CEO of DNV GL, spoke with Oil & Gas Middle East about her company’s Energy Transition Outlook report, how the energy mix will shift, and the Middle East’s changing role in the global energy landscape
natural gas
Saudi Aramco to invest $150bn in gas programme
Unconventional gas development is a key focus for the company
Saudi Aramco will ramp up unconventional gas production by end 2018
Saudi Aramco supplied around 55mn standard cubic feet per day of gas (mmscfd) to a local power plant. Gas production is expected to grow to 190mmscfd by the end of 2018 to meet demand.
Dana Gas increased Kurdistan production capacity by 30%
Dana Gas and Crescent Petroleum announce 30% gas production increase in Kurdistan Region field
ADNOC details new integrated gas strategy
ADNOC is investing in commercial gas resources to leverage offshore ultra-sour gas, gas cap and unconventionals development
Opinion: Gas and enhanced oil recovery advances offer paths to lower carbon
The rise of renewable energy, leveraging gas as the ‘greenest’ fossil fuel and greener enhanced oil recovery (EOR) are on the still-exploratory list.
Total makes major 1tcf offshore gas discovery
The new discovery, off the shore of the UK, holds recoverable resources estimated at one trillion cubic feet.
Study: Kuwait will lead LNG industry in the Middle East by 2022
A new report by GlobalData forecasts that Kuwait will spend $2.9 billion on regasification and will lead the Middle East’s LNG industry by 2022.
US, Russia to spend $88.4bn and $78.8bn respectively on new pipelines, says GlobalData report
GlobalData’s report – ‘Global Planned Pipelines Industry Outlook to 2022’ – forecasts that the global planned natural gas pipeline length will grow to 153,902km by 2022.
SDX Energy announces gas discovery in Egypt
The SD-4X well was drilled to a total depth of 7,806 feet and encountered 89 feet of net conventional natural gas pay in the Abu Madi horizon, which had an average porosity in the pay section of 24%.