Oman Liquefied Natural Gas LLC (Oman LNG) has awarded a project management consultancy (PMC) services contract to KBR, Inc for a new 120MW gas engine power plant
KBR wins LNG contract in Oman
Industry
OPEC meeting in Vienna agrees to raise oil output
During the 174th Meeting of the OPEC Conference in Vienna, OPEC and non-OPEC global oil giants have agreed to raise crude production, a move that aims to control the recent rise in global oil prices
US$3.3 trillion to be spent across planned oil and gas projects worldwide
A total capital expenditure (capex) of US$3.3 trillion is expected to be spent globally across oil and gas value chain on planned and announced projects between 2018 and 2025, according to GlobalData, a leading data and analytics company
New investment models can boost MENA oil and gas sector
New investment models are required to encourage optimal development in MENA oil and gas sector, said Majid Jafar, CEO of Crescent Petroleum, during the OPEC Seminar in Veinna
Lamprell to focus on Saudi expansion, drive kingdom’s oil and gas sector
Lamprell has announced an update on its strategy in Saudi Arabia and the development of its local presence in the kingdom
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