Industry

Saudi Arabia projected to add 25bn bbl to future production capacity: Rystad Energy

9759691571 2e3a2163c5 cSaudi Arabia, as the clear winner of the OPEC+ deal, is predicted to add 25bn bbl to its future production capacity, despite peak oil coming sooner

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Total investments in MENA’s energy sector in excess of US$792bn, says APICORP

apicorp 17 June trmeThe planned and committed investments in the MENA region will exceed US$792bn from 2020–2024, according to the Arab Petroleum Investments Corporation (APICORP)

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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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