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
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
Total extends TFT gas field license in Algeria
Sonatrach, Total, Repsol and Alnaft have signed a new concession contract for 25 years to extend the exploitation of the Tin Fouyé Tabankort (TFT) gas and condensate field in Algeria
Oman LNG to build gas engine power plant in Sur
Oman LNG has signed two contracts to develop a new gas engine power plant at the company’s Qalhat facilities
Oman Oil plans to sell 10 per cent stake in Khazzan gas field: Bloomberg
Oman Oil Company is planning to sell a 10 per cent stake in its Khazzan gas field according to a report from Bloomberg citing people with knowledge of the matter