An increase in final investment decisions (FIDs) this year on new oil projects worldwide could see sanctioned volumes of oil and gas almost triple compared to last year’s tally, said business intelligence company Rystad Energy
Industry
ADNOC unlocks US$4bn pipeline investment agreement with BlackRock, KKR
The Abu Dhabi National Oil Company (ADNOC) has entered a multi-billion-dollar midstream pipeline infrastructure partnership with institutional investors KKR and BlackRock
Saudi Aramco signs agreement to form Chinese JV
Saudi Aramco has signed an agreement to form a joint venture (JV) with the Chinese conglomerate Norinco Group and Panjin Sincen to develop a refining and petrochemical complex in Panjin city of Liaoning province
NESR announces cementing contract award in Kuwait
National Energy Services Reunited Corporation (NESR), an integrated energy services provider in the Middle East and North Africa region, has won a major contract from the Kuwait Oil Company (KOC)
ENOC, Indian Oil Corporation partner to broaden marine offerings
The UAE’s ENOC Group has partnered with Indian Oil Company (IOC), a commercial oil and gas company in India, to expand its global footprint while building on IOC’s R&D infrastructure
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