Shell and Oman’s Ministry of Oil and Gas have signed an interim upstream agreement for the development of gas resources for integrated projects, aiming to help meet Oman’s growing need for energy
Gas
ENOC signs JV agreement to expand Egyptian operations
Dubai’s ENOC Group and Proserv Egypt, the oil and gas company, have signed a joint venture (JV) agreement to establish ENOC Misr, its first on-ground operations in the lubricants sector in Egypt
Shell to spend US$54.6bn on oil, gas upstream projects by 2025
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
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
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