Technip was awarded a contract by Kuwait Gulf Oil Company (KGOC) for the engineering, procurement, construction and commissioning assistance of their Gas and Condensate Export System project.
Gas
RasGas increases LNG export volume to Kogas
RasGas has agreed to sell Korea Gas Corp (Kogas) an additional 2mn tonnes a year of liquefied natural gas (LNG) for the next 20 years.
Samsung to build nitrogen plant for Gasco
Gasco (Abu Dhabi Gas Industries) awarded Samsung Engineering a contract for a nitrogen gas injection (NGI) plant worth US$160mn.
Saudi Arabia to pursue gas venture with Kuwait
Kuwait and Saudi Arabia are pushing ahead with plans to develop the undisputed part of the offshore Dorra gas field with the front-end engineering and design (FEED) work expected to be completed by June, industry sources said.
Growing production boosts Dana Gas 2011 results
Dana Gas had a very strong 2011 and posted net profits of US$137.4mn, an increase of 220 per cent over US$43mn in 2010, reflecting growing production and higher oil prices last year.
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