The MENA region is on the tip of a first-time investment boom in the gas and power sectors, according to a new IHS Cambridge Energy Research Associates (IHS CERA) study
Gas
Al Hassan and Technicas Reunidas venture win gas plant contract
A joint venture between Al Hassan Engineering and Spanish contractor Tecnicas Reunidas has won a US$106.3mn contract to build a new gas plant at Zauliyah for Petroleum Development Oman
Yemen LNG denies new attack on pipeline
Yemen LNG Company has denied reports that the main pipeline feeding its LNG export terminal at Balhaf has been sabotaged again
BP planning US$24 billion investment in Oman’s gas fields
UK-based British Petroleum (BP) is considering a US$24bn investment for the first phase full-field development of its block 61 tight gas fields in north-central Oman
BP finds more gas off Egypt
BP Egypt has found its fourth and fifth gas discoveries in Taurt North and Seth South, which form parts of the North El Burg Offshore Concession, Nile Delta
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