Iraq Oil Minister HE Hayan Abdel Ghani confirmed on Wednesday Qatar’s interest in obtaining rights for oil and gas exploration in his country, speaking at the Qatar Economic Forum. Ghani told Qatar News Agency (QNA) that the forum was an opportunity to announce a number of energy projects that Iraq wants to develop in the […]
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McDermott in the race for Qatar’s $1 billion offshore contract
McDermott is expected to land a major offshore pipe and pipelaying contract from Qatargas for the massive North Field sustainability (NFPS) project, Upstream reported, citing multiple people with direct knowledge of the development. According to the report “McDermott has been chosen as the preferred contractor by the Qatari state giant for carrying out work on […]
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Qatar’s $30 billion LNG megaproject on track to complete construction by 2027
The main contractors of Qatargas’ massive North Field Expansion (NFE) project Technip Energies and Chiyoda are progressing construction activities and are expected to complete the project by 2027, according to data from DMS Projects. The $30 billion development project involves four liquefaction mega-trains at 8 (million tons per annum) mtpa each, resulting in 32 mtpa […]
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Every public holiday in GCC countries 2023
Public holidays in the UAE, Saudi Arabia and across the GCC are a mixture of religious observances and days of national celebration and recognition. The guide below shows the public holidays expected in the rest of 2023. It is intended as a guide only, exact dates and observances are subject to change depending on moon-sighting committees […]
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Inside Qatar’s $6 billion Ras Laffan petrochemicals project
QatarEnergy is building an integrated polymer olefins and polyethylene complex in Qatar’s Ras Laffan Industrial City. The Ras Laffan Petrochemical Complex will be located in the Ras Laffan Industrial City (RLIC), 80km north of Doha in Qatar. RLIC is a 294 km sq industrial hub owned and operated by QatarEnergy. It is home to many international […]
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Top 5 oil and gas contracts in the Middle East: April 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
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Middle East eyes $120 billion spend to increase gas production
The Middle East is set to spend as much as $120 billion to increase gas production by 14 billion standard cubic feet a day (bcfd) to 86 bcfd by 2030, according to a new report by Wood Mackenzie. The report ‘The Middle East steps on the gas’ shows gas supply growth in the Middle East […]
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Malaysian contractor lands $50 million contract for Qatar’s giant gas field
Malaysia’s Ranhill Utilities has confirmed that its joint venture with global engineering major Worley has been awarded an engineering contract for work on giant offshore compression facilities for Qatar’s North Field Production Sustainability (NFPS) project. The contract worth approximately $50 million from a subsidiary of Italy’s Saipem includes engineering design work, which is expected to […]
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Qatar declares 11-day holiday for Eid
Qatar has declared a 11-day holiday for Eid Al Fitr, according to the Amiri Diwan. Eid Al Fitr holidays in Qatar will begin on April 19, in line with 28 Ramadan 1444 AH, and will continue until April 27, as reported by Arabian Business. All employees will return to work on Sunday, April 30, 2023. The […]
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Offshore is back: Middle East projects to drive over $200 billion investments
The offshore oil and gas sector is set for the highest growth in a decade in the next two years, with $214 billion of new project investments lined up, Rystad Energy reported. One of the leading global drivers is the sizable expansion of offshore activities in the Middle East. For the first time, offshore upstream […]
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