Total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025
Gas
L&T Hydrocarbon Engineering to build gas plants in Algeria
Indian multi-national Larsen & Toubro (L&T), through its subsidiary Larsen & Toubro Hydrocarbon Engineering Limited (LTHE), said it has won a mega order from Sonatrach-Algeria
Saudi Arabia’s oil sector to grow by 1.6 per cent in 2019: Jadwa Investment
Saudi Arabia’s economic growth is expected to reach two per cent in 2019, said Jadwa Investment, a capital market company
BP starts off production at Egypt’s West Nile Delta project
Oil and gas firm BP has announced the first gas production from the second stage of its West Nile Delta development offshore Egypt
Eni and SABIC sign gas technology agreement
Eni and SABIC have signed a joint development agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be further transformed into high-value fuels and chemicals, such as methanol
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