Middle East
ADNOC top exec says oil and gas could remain relevant until 2050
Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.
Saudi Aramco enters the global LNG industry
Saudi Arabia's oil group Aramco said it had agreed to acquire a strategic minority stake in LNG company MidOcean Energy for $500 MM, with an option to increase the size of the shareholding.
QatarEnergy, Korea's HHI sign $3.9-B deal for 17 LNG carriers
QatarEnergy said it had signed a $3.90-B deal with HD Hyundai Heavy Industries for the South Korean firm to supply it with 17 LNG carriers.
Worley awarded FEED for QatarEnergy LNG’s largest CO2 sequestration project
Worley has been selected to develop the Front-End Engineering Design for QatarEnergy LNG’s CO2 sequestration project in Ras Laffan, Qatar.
Egypt approves GASCO project to increase capacity of Western Desert Gas Complex
Cabinet approves GASCO project to increase capacity of Western Desert Gas Complex with fourth production line of 600 MMcf/d.
Disagreements delay Russian gas hub plans in Turkey
Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it.
UAE's ADNOC to proceed with Habshan carbon capture project
ADNOC said it had reached a final investment decision to develop the Habshan carbon capture project.
Technip Energies launches SnapLNG by T.EN, a solution for low-carbon and accelerated time to market LNG production
Technip Energies presents SnapLNG by T.EN, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production and accelerated time to market with unparalleled certainty and plant reliability.
Three countries began importing LNG this year, and more will follow
Global LNG import capacity is set to expand by 16%, or 23 Bcf/d, by the end of 2024 compared with 2022.
bp urges more gas and oil investment while speeding energy transition
Global oil major bp said the world must invest in the production of gas and oil to avoid sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.
Power outages in parts of UAE's Sharjah due to technical fault at gas plant
Parts of Sharjah, one of the United Arab Emirates neighboring Middle East trade hub Dubai, are suffering power outages due to a technical fault at a gas plant.
China LNG buyers expand trading after adding more US, Qatari contracts
China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.
ABB and Samsung Engineering to collaborate on gas analyzers for Saudi Arabia’s energy industries
ABB has signed a framework agreement with Samsung Engineering in Saudi Arabia to collaborate in engineering and procurement activities in the Kingdom.
Abu Dhabi's ADNOC Gas signs 5-yr LNG supply deal with Japex
Abu Dhabi's ADNOC Gas said it has signed a five-year deal to supply LNG to Japan Petroleum Exploration Co.
ADNOC Gas awards $3.6-B contract to expand UAE gas processing
State oil giant Abu Dhabi National Oil Company's gas unit, ADNOC Gas, said it awarded a $3.6-B contract to expand its gas processing infrastructure in the United Arab Emirates.
Dana Gas receives $80 MM from Iraq's Kurdistan region
United Arab Emirates energy firm Dana Gas said it had received $80 MM from the Kurdistan Regional Government in Iraq, which for over a decade has sometimes struggled to make payments on time.
Egypt's natural gas production declines and power cuts bite
Egypt's natural gas production fell to a three-year low in the first five months of 2023, figures from the Joint Organisations Data Initiative show, raising questions about the country's efforts to position itself as a regional energy hub.
Suez Canal tugboat sinks after collision with LPG tanker
A Suez Canal tugboat sank and one of its crew was missing after it collided with a Hong Kong-flagged LPG tanker though shipping traffic in the strategically important waterway was largely unaffected, the canal authority said.
India's GAIL close to finalizing Qatar LNG purchase deal
GAIL Ltd is close to finalizing a long-term liquefied natural gas import deal with Qatar to buy at least 1 million metric tons per year, potentially for more than 20 years, three industry and trade sources said.
Qatar natural gas production and exports stable as country eyes expansion
In 2021, Qatar was the world’s sixth-largest dry natural gas producer, the second-largest liquefied natural gas (LNG) exporter, and the third-largest holder of natural gas reserves, according to the data in our recently updated Country Analysis Brief: Qatar.
Israel's energy minister favors more natural gas exports
Israel's energy minister said on Wednesday that more of the country's natural gas reserves should be earmarked for export, amid renewed interest in offshore exploration and debate on whether the gas should be kept for domestic use.
Asia, Mideast buyers looking at Indonesia's Tuna gas project
Three to five potential investors from the Middle East and Asia have started assessing the Tuna natural gas project in a possible sale of Russian explorer Zarubezhneft's stake, Indonesia's upstream regulator said.
Egypt aims to resume gas exports by October
Egypt is targeting a resumption of liquefied natural gas exports by October at the start of autumn.
UAE'S ADNOC Gas agrees to $7-$9 B 14-year LNG agreement with Indian Oil Corp
Abu Dhabi's ADNOC Gas announced a 14-year $7-$9-B deal with Indian Oil Corp to supply 1.2 million metric tons of liquefied natural gas per year, ADNOC said in a statement.
Japan PM Kishida in Qatar for LNG talks
Japanese Prime Minister Fumio Kishida arrived in major gas-producer Qatar for the final leg of a Gulf tour that has focused on securing energy supplies and promoting Japanese high-tech.
Saudi Arabia's PIF signs MoU with France's Engie for green hydrogen projects
Saudi Arabia's Public Investment Fund signed a memorandum of understanding with French energy company Engie for green hydrogen projects, the PIF said in a tweet.
Japan gas lobby looks to PM's Middle East trip for stable supply
Japan Gas Association Chairman Takahiro Honjo said he hoped that Prime Minister Fumio Kishida's planned Middle East trip this month will help Japan ensure stable supplies of liquefied natural gas and other fuels.
Thailand's PTT in advanced talks with Qatar for LNG deal
Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas supply deal.
ADNOC awards Petrofac $700-mm EPC Project
Petrofac has been selected by the Abu Dhabi National Oil Company subsidiary, ADNOC Gas Processing, to undertake a significant new Engineering, Procurement and Construction project at its Habshan Complex.
Israel reignites debate on how much natural gas to sell abroad
Israel should urgently examine how much natural gas the country should export to make sure it keeps enough for itself, a senior official at Israel's Finance Ministry said.
- Credit Agricole says it will not fund two major LNG projects
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
