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Industry

EmiratesLNG has signed an agreement to lease 260,000 sqm of land from the Government of Fujairah to accommodate its planned LNG import terminal and regasification facility

Jordan and the Kurdistan Region of Iraq are expected to sign commercial and legal agreements this month to build a double pipeline to supply Jordan with crude oil and natural gas

Saudi Arabia has adequate oil reserves to meet its energy requirements for 80 years, the International Association of Energy Economies (IAEE) has announced

Bahrain-based investment manager Investcorp has bought a controlling stake in Scottish oil field services provider Hydrasun, taking its US$1bn Gulf Opportunity Fund closer to full deployment

Oman Oil Refineries and Petroleum Industries Company (Orpic) has announced plans for a new 280 km pipeline near the Muscat highway connecting Sohar and Muscat refineries

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