Petrofac wins multi-million dollar Bahrain EPCC contract

48288721626 8fa871df5e cTatweer Petroleum has awarded Petrofac’s Engineering & Production Services (EPS) a multi-million dollar engineering, procurement, construction and commissioning contract (EPCC) for an upstream gas project in Bahrain

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Siemens, Total collaborate to advance concepts for low-emissions LNG production

49916485027 ccd2b6d0bd cSiemens Gas and Power has concluded an agreement with Total, a broad energy group, to advance new concepts for the production of green liquified natural gas (LNG)

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COVID-19, mild winter deliver historic shock to global natural gas market

48659177431 6a8a1ee963 cThe COVID-19 crisis and a mild winter in the northern hemisphere have delivered a historic shock to the global natural gas market, the International Energy Agency said in a new report

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Economic slowdown to impact MENA LNG companies: GloablData

43943098242 598b92f205 cAccording to data and analytics company GlobalData, reduced demand due to economic slowdown in the Middle East and Africa (MENA) region, fuelled by the COVID-19 outbreak, has led to contract cancelations of supply of liquefied natural gas ( LNG) and cargo deferments by importing countries

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Regional energy companies are investing to consolidate oil and gas market share

meed oil rig ormeAs the regional energy companies are investing to consolidate their oil and gas market share over the long term, the race among Gulf national oil companies (NOCs) to establish global energy supremacy has ushered in a boom period for the shipbuilding industry, according to MEED, part of GlobalData

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