ADNOC LNG, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has signed an engineering, procurement and construction (EPC) contract for the second phase of the integrated gas development expansion (IGD-E) project with a consortium of Spains Tecnicas Reunidas and Abu Dhabi’s Target Engineering Construction Company
Petrochemicals
Oman and Iran to drive growth for oil storage industry in the Middle East to 2022, says GlobalData
Oman and Iran will drive the majority of the growth in the oil storage industry in the Middle East between 2018 and 2022, contributing more oil storage capacity than any other country in the region, according to leading data and analytics company GlobalData
Brent crude to end 2018 above US$75/barrel: GIQ Survey
Brent crude oil will end 2018 above US$75 a barrel, the highest year-end price in four years, according to 59 per cent of 200 energy industry executives polled by the GIQ
OPEC secretary-general inaugurates BPGIC storage terminal in Fujairah
Mohammed Barkindo, secretary-general of OPEC, has inaugurated Brooge Petroleum and Gas Investment Company’s (BPGIC) Phase II storage terminal in the emirate of Fujairah
Impact of new IMO regulations on Arabian Gulf’s oil export dynamics
The Arab Petroleum Investments Corporation (APICORP), the multilateral development bank focused on the energy sector, has published its latest research report, analysing the impact on the Gulf’s oil dynamics of new fuel oil regulations for the shipping industry set by the International Maritime Organisation (IMO)