Dana Gas has received US$43.75mn in the first half of 2018 as dividends from Pearl Petroleum Company Limited for condensate and LPG sales in the Kurdistan Region of Iraq (KRI) including a US$7mn payment for the month of June 2018
Gas
Libya’s Bahr Essalam Phase 2 offshore gas project starts production
Mellitah Oil & Gas, a joint venture between Eni and Libya’s National Oil Corporation (NOC), has started production from the first well of the offshore Bahr Essalam Phase 2 project
Petronas prequalified for US$1.2bn Lebanon FSRU project
Malaysian national oil company Petroliam Nasional Bhd (Petronas), along with 12 international companies, has been shortlisted to develop three floating, storage and regasification units (FSRUs) in Lebanon
Gas to surpass oil as primary energy source worldwide
As gas is seen to overtake oil as the world’s primary energy source in the mid-2030s, around 64 per cent of oil and gas sector leaders expect to increase or sustain spending on gas projects in 2018
Gas projects lead in capital expenditure in oil and gas industry, says GlobalData
About 620 oil and gas projects are set to come online across the globe in near future as the global oil and gas industry is comfortable with the lower for longer oil price environment, according to GlobalData, a leading data and analytics company
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