Beginning 2016, founders of The Iraq Club will officially launch the Future Energy Forum (FEF), an exclusive business-focused community connecting a senior network of leaders specifically engaged in the development of emerging energy markets
Industry
Saudi Aramco and Hyundai Heavy Industries sign MoU for new business opportunities
Saudi Aramco and Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MoU) to collaborate on business development opportunities in the Kingdom of Saudi Arabia
Spotlight on carbon capture and storage at Riyadh summit
Carbon capture and storage (CCS) technologies have been endorsed as a key component to alleviate climate change by the 6th Ministerial Conference of the Carbon Sequestration Leadership Forum (CSLF)
Oil prices to hit US$70 in 2016, Lloyd’s Register Energy study suggests
A new report reveals that majority of oil and gas executives believe the oil price will remain between US$50-US$70 in 2016, with almost 27 per cent respondents believing it will hover around US$70
Subsea 7 awarded development contract offshore Egypt
Subsea 7 has won a contract from Pharaonic Petroleum Company for the development of the East Nile Delta Phase 3 Project (END-3) offshore Egypt