US is expected to spend US$521.4bn capital expenditure (capex) on 484 oil and gas projects by 2025, according to data and analytics company GlobalData
Gas
Dana Gas and Crescent Petroleum boost gas production in Kurdistan
Dana Gas, the Middle East’s one of the leading publicly-listed regional natural gas companies, and its partner Crescent Petroleum have achieved a 30 per cent increase in production capacity at the Khor Mor field in the Kurdistan Region of Iraq
ADNOC and Aramco collaborate on strategic natural gas and LNG projects
The Abu Dhabi National Oil Company (ADNOC) signed a framework agreement with Saudi Aramco to explore potential opportunities for collaboration in the natural gas and liquefied natural gas (LNG) sectors
Gazprom, Sinopec to be top spenders across oil and gas value chain by 2025, says GlobalData
Gazprom, Russia-based natural gas company, and China Petrochemical Corp (Sinopec) will be the top spenders among global oil and gas companies, according to leading data and analytics company GlobalData
SPC approves ADNOC’s 2019-2023 business plan to make UAE gas self-sufficient
Abu Dhabi’s Supreme Petroleum Council (SPC) has approved Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase its oil production capacity to four mmbbl per day at the end of 2020 and five mmbbbl per day by 2030