Saudi Aramco has finalised its bid selection for the four Lump Sum Turn Key (LSTK) contracts of the Shaybah natural gas liquids (NGL) Program, selecting Samsung Engineering Co. Ltd. to perform the engineering, procurement and construction (EPC) work for all the four packages.

Dana Gas, Middle Easts first and largest regional private sector natural gas company and the sixth largest gas producer in Egypt, confirmed recently in a media statement that its operations were not affected during the recent turmoil in Egypt, with "production and output levels sustained" during the past few weeks.

Egypt plays a pivotal role in the Middle East because of its history, location, and military strength.

Gulf Cryo announced the acquisition of an 80 per cent interest in Gas Tech by their subsidiary Gulf Cryo Saudi (GCS).