Middle East
Air Products’ AP-X LNG Technology and Equipment Selected for the North Field South Project
Air Products has been selected to provide its proprietary AP-X LNG Process technology and equipment to Qatargas for the North Field South Project in Ras Laffan, the State of Qatar.
Iraq to pay $2.76 B in gas and electricity debt to Iran
Iraq has agreed to pay about $2.76 B in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said.
QatarEnergy to sign long-term LNG supply deal with Bangladesh
QatarEnergy will sign a long-term LNG supply deal with Bangladesh's state-owned gas company Petrobangla, the second Asian sales deal to be sealed for Qatar's North Field expansion project.
Iraq says Iran blames reduced gas exports on 'technical' matter
Iran's foreign minister told his Iraqi counterpart that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry statement said, as the two countries try to resolve Baghdad's huge unpaid bills.
Air Products signs $1-B deal for processing facility in Uzbekistan
Industrial gases maker Air Products and Chemicals said it had signed a $1-B deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.
Saudi Aramco to develop 400 mcf per day Iraqi gas field
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani said.
Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
Technip Energies is pleased to announce that a joint venture, led by Technip Energies in partnership with Consolidated Contractors Company, has won a major Engineering, Procurement, Construction and Commissioning contract by QatarEnergy for the onshore facilities of the North Field South Project.
ADNOC Gas reports Q1 2023 net income of $1.3 B, up 9% year-on-year
ADNOC Gas plc announces its first quarterly financial results since its formation and initial public offering, for the three months ended March 31, 2023.
UAE's ADNOC says 'business as usual' in Asia
Abu Dhabi National Oil Company sees no dip in demand from Asian customers as cheap Russian oil flows into the continent on the back of Western sanctions on Moscow, a senior executive said.
Global gas markets rebalancing and remains tight in 2023
Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe.
UAE's ADNOC swaps Fujairah for Ruwais as location for LNG export project
he UAE's state energy firm ADNOC said its planned LNG project would move forward in the Al Ruwais Industrial City in Abu Dhabi and not in the emirate of Fujairah.
Erdogan offers free gas pre-election after first Black Sea field shipment
President Tayyip Erdogan flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections.
Chevron seeks drilling ship to expand East Med gas search
Chevron is seeking a drilling ship to explore for natural gas off Cyprus, Egypt and Israel as the U.S. energy major looks to meet growing demand in the region and Europe.
ADNOC L&S expands shipping fleet with five new VLGCs
United Arab Emirates' ADNOC Logistics & Services has expanded its fleet with the deployment of five new-build VLGC.
Russia's Sibur exports LPG to Africa, Middle East and Asia as EU cuts buying
Sibur, the largest producer and exporter of LPG in Russia, redirected exports to Africa, the Middle East and Asia in the past three months.
INPEX submits revised plan of development for Abadi LNG project
INPEX Corporation announced that through its subsidiary INPEX Masela, Ltd., it has submitted a revised Plan of Development for Abadi LNG Project incorporating a CCS component to Indonesian government authorities on behalf of the joint venture composed of INPEX and Shell.
Baghdad agrees to 30% stake in TotalEnergies $27 B Iraq energy project
Baghdad has reached an agreement to hold a 30% stake in TotalEnergies long-delayed $27 B Iraq project reviving a deal that Baghdad hopes could lure back foreign investment into the battered country which craves stability.
Baghdad, Erbil sign deal to restart northern oil exports
Iraq's federal government and the Kurdistan Regional Government signed a deal to restart northern oil exports through Turkey on Tuesday.
Baker Hughes announces major LNG order from QatarEnergy for the North Field South Project
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas.
What is the Iraq-Turkey oil pipeline dispute and who's on the hook?
An international arbitration ruling prompted the shutdown of Iraq's northern crude oil exports through Turkey and sent oil prices back towards $80 a barrel.
Axens HySWEET Technology selected by SPETCO International Petroleum Co. Kuwait and Jereh for the acid Gas Removal Units of two new Gas Treatment plants in Kuwait
Axens is supplying the process design packages for the gas treatment of two gas plants located in North Kuwait, which EPC are managed respectively by SPETCO and Jereh.
bp, ADNOC offer to buy 50% of Israel's NewMed Energy
bp and Abu Dhabi's state oil giant offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2-B.
Elliott Group announces opening of new service center in Saudi Arabia
Elliott Group is pleased to announce the opening of Elliott Gas Services Saudi Arabia (EGSSA), which is the product of a joint venture between Elliott and GAS Arabian Services.
Energean CEO says looking to increase Israel FPSO capacity
Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year.
CERAWEEK: Bahrain explores constructing LNG export facility
Bahrain aims to slash domestic natural gas consumption under a plan to decarbonize its economy and is exploring ways to export the fuel to international markets.
ADNOC looks to raise up to $2 B from IPO of gas unit
Abu Dhabi National Oil Co (ADNOC) said it has set a price range for an initial public offering (IPO) of its gas unit that could raise up to $2 B and give ADNOC Gas an equity valuation of $47 B-$50.8 B.
Leviathan gas project partners approve $100 MM for expansion
Partners in the Leviathan gas field in the eastern Mediterranean have approved nearly $100 MM of spending on preparation for expansion that includes a floating liquefied natural gas (LNG) terminal off the coast of Israel.
IEEFA: Turmoil in global LNG markets is curbing long-term demand growth
Global liquefied natural gas (LNG) supplies are likely to remain tight through 2025, curbing demand growth in key Asian import markets. European LNG demand may remain strong in the short term, but will decline by 2030 as decarbonization and energy security policies take effect. Meanwhile, a wave of new LNG export capacity coming online later in the decade could create a mismatch between supply and demand, elevating financial risks for LNG suppliers and traders. The findings come from the new Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA).
ADNOC to float 4% of its gas business in IPO
Abu Dhabi National Oil Company (ADNOC) will sell 4% of its gas business in an initial public offering (IPO).
IEA convenes Special Ministerial on natural gas markets and actions to reinforce supply security
Some 40 countries will convene for a Special IEA Ministerial (International Energy Agency) on February 15 to review the state of natural gas markets and discuss actions to strengthen security of supply amid the global energy crisis.
- Gasum powers Equinor's platform supply vessel with bio-LNG
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
