Global liquefied natural gas (LNG) regasification capacity is expected to grow by 43 per cent between 2019 and 2023, from 45.7 tcf in 2019 to 65.9 tcf by 2023, according to GlobalData, a leading data and analytics company
Petrochemicals
Middle East petrochemical producers to gather for major downstream event
ME-TECH 2019 will be held from 26-28 February at the St Regis Saadiyat Island Resort, Abu Dhabi, and will welcome many vital oil and gas players to discuss their latest technical achievements and trends in the downstream sector
ENOC and BHGE sign deal on VitalyX lubricant monitoring system
Baker Hughes, a GE Company, has announced an agreement with Emirates National Oil Company (ENOC) to co-develop VitalyX, a real-time lubricant monitoring system
Saudi Arabia to support South Africa’s oil industry
Saudi Arabia has plans to invest US$10bn in South Africa through the construction of an oil refinery and petrochemicals plant, according to Saudi Arabias Energy Minister Khalid Al-Falih
Tendeka wins AICDs contract to boost oil recovery in Middle East
Independent global completions service company Tendeka has won a major contract in the Middle East, where it will provide reservoir modelling and the installation of its FloSure Autonomous Inflow Control Devices (AICDs) to boost production and improve reservoir performance in several mature fields
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