Middle East

Global LNG trade increased more than 1.6 Bcf/d in 2023

LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).

Shell, TotalEnergies, bp, Mitsui & Co. take 10% stakes in ADNOC's Ruwais LNG project

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with the heads of global energy companies to exchange views on the future of the energy sector and the UAE's commitment to ensuring a sustainable future through the adoption and implementation of latest innovations, as well as the pursuit of international collaboration.

ADNOC's Ruwais LNG to earmark 40% stake to Shell, Total, bp, Mitsui

Abu Dhabi National Oil Co. (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors: Shell, TotalEnergies, bp and Japan's Mitsui.

Aramco’s strategic gas expansion progresses with $25 B in contract awards

Aramco has awarded contracts worth more than $25 B to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030.

Israel approves extra gas exports, Leviathan field to be expanded

The partners in Israel's Leviathan gas field said on Wednesday they planned to invest up to $500 MM to expand its capacity after the government approved the export of more natural gas from its offshore fields to boost the economy.

New DNV survey highlights oil and gas sector paradox

The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.

Aramco and Sempra announce Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2

Aramco and Sempra announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-yr sale and purchase agreement (SPA) for LNG offtake of 5 MMtpy from the Port Arthur LNG Phase 2 expansion project.

NPCC awards Amarinth another pump order at ADNOC’s Lower Zakum facility

Amarinth, a world-leading, net-zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment has again secured an order from NPCC for API 610 OH2 pumps destined for ADNOC’s Lower Zakum facility in the UAE.

Siemens Energy awarded $1.5-B Saudi energy supply contract

Siemens Energy is supplying key power plant technologies that will provide almost 4 GW to the Kingdom, and in addition has also entered a long-term maintenance contract for 25 years for the two power plants, with a total value of approximately $1.5 B.

Maximum fill volume in propane, butane and LPG pressurized storage tanks

6/19/2024

This article details the maximum fill volume for propane, butane and LPG storage tanks at processing facilities.

Global Projects Data

6/19/2024

This article provides a summary of active gas processing and LNG projects around the world, including total project numbers, and market share by region and activity level.

Global pipelines construction outlook 2024—Part 2

6/19/2024

This article will provide a forecast on pipeline construction in Africa, Asia, Europe, Russia and the Commonwealth of Independent States (CIS), and the Middle East.

Technip Energies, JGC and NMDC Energy awarded a major contract for ADNOC’s Ruwais LNG project in the UAE

Technip Energies, leader of a joint venture with JGC and NMDC Energy, has been awarded a major contract (> €1 B in revenue) by ADNOC for the engineering, procurement and construction (EPC) of the lower-carbon Ruwais LNG project, located in Al Ruwais Industrial City, Abu Dhabi.

NextDecade, Saudi Aramco sign 20-yr LNG supply deal

U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco to supply 1.2 metric MMtpy of LNG for 20 yr.

Wood to deliver 3-yr engineering contract with TotalEnergies in Iraq

Wood, a global leader in consulting and engineering, has been awarded a new $46-MM, 3-yr contract by TotalEnergies in Iraq.

QatarEnergy selects CPC as North Field expansion partner, signs 4 MMtpy LNG SPA for 27 years

QatarEnergy signed definitive agreements with CPC Corporation, Taiwan (CPC) covering the long-term supply of LNG to CPC and partnership in the North Field East (NFE) LNG expansion project.

Bangladesh's Summit LNG to send damaged FSRU to Singapore or Middle East for repairs

Bangladesh's Summit LNG said its floating storage and regasification unit (FSRU) was ready to discharge the liquefied natural gas (LNG) it had onboard before proceeding to Singapore or the Middle East for necessary repairs.

Egyptian fertilizer plants shut down temporarily due to gas supply pressures

Gas supplies will gradually resume flowing as of Thursday to fertilizer factories in Egypt after several chemical and fertilizer companies shut down plants on a temporary basis.

Saudi Aramco holding LNG talks with Tellurian, NextDecade

Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production.

Saudi Aramco in LNG talks with US Tellurian, NextDecade

Oil giant Aramco is in talks with U.S. firms Tellurian and NextDecade on two separate LNG projects as the Saudi firm seeks to boost its gas trading and production.

TES, OQ Alternative Energy sign JSA for an e-NG facility in Oman

TES and OQ Alternative Energy announced that they have entered in a Joint Study Agreement to assess the development of an e-NG facility in Oman.

ADNOC to acquire 10% equity stake in major LNG development in Mozambique

ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.

ADNOC purchases stake/offtake from NextDecade LNG (U.S.)

ADNOC announced the acquisition of a 11.7% stake in Phase 1 of NextDecade's Rio Grande LNG, along with a 20-yr LNG offtake agreement from Train 4.

UAE's ADNOC planning US trading expansion

Abu Dhabi National Oil Company (ADNOC) is planning to set up a trading desk in the U.S. as part of the United Arab Emirates-backed oil and gas producer's global expansion efforts.

Qatar to sign more long-term LNG contracts this year

Qatar has not had difficulty securing long-term liquefied natural gas (LNG) contracts and will sign more this year, according to QatarEnergy CEO and State Minister for Energy Saad al-Kaabi.

Investments surge on strong demand outlook for LNG bunkering

Drewry projects more than 1,000 LNG-fueled vessels to be in service by 2027. However, development of the bunkering infrastructure appears to be lagging in comparison to the growth in fleet as well as the potential demand, which could take a leap of 30 MMtpy by 2028.

CB&I awarded contract by TotalEnergies and OQ for full containment LNG tank in Oman

CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a significant contract ($100 MM−$250 MM) by Marsa Liquefied Natural Gas LLC, a joint venture between TotalEnergies and OQ, for the engineering, procurement, construction (EPC) of a full containment concrete liquefied natural gas (LNG) storage tank, located in Oman's Port of Sohar.

ADNOC signs third long-term Heads of Agreement for Ruwais LNG project

ADNOC has signed a 15-yr Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 600,000 metric tpy of liquefied natural gas (LNG).

Pakistan giant Engro looks to go global

Pakistan's largest conglomerate, Engro Corp., is looking to expand into new markets, including the Middle East, Central Asia and Africa, the chemicals-to-energy company's largest investor said on Tuesday.

Iran, Pakistan seek ways to complete gas pipeline project

Iran and Pakistan are looking at ways to complete a long-delayed gas pipeline project between the two countries.