Technip wins Qatar offshore platforms deal
French oil & gas construction specialist Technip has been awarded an engineering, procurement, installation and commissioning contract for a major...
Oil & Gas
Lebanon announces new offshore oil discovery
Lebanon's interim Energy Minister Gerbran Bassil said new oil discoveries have been made off the coast of Beirut and Mount...
Oman urges GCC to reduce domestic energy consumption
Oman and neighboring Gulf states must move towards curtailing energy consumption drastically, reduce subsidies and boost efficiencies to keep the...
Natural gas prices to rise by 38%
Global natural gas consumption is projected to grow by an annual average of 2.7% during the 2014-15 period, mainly due...
Iraq to boost oil export capacity
Iraq is set to boost its oil export capacity significantly by the end of the first quarter next year, stepping...
Saudi Arabia fast-tracking shale gas exploration
Saudi Arabia is pushing to boost its oil production capacity by 1.75 million barrels per day by 2017 and is...
Iraq to build $6 billion refinery
Iraq has signed a $6 billion contract with Swiss company Satarem to build and operate a 150,000 barrels per day...
Middle East oil & gas sector needs $1.6 trillion investment
A greater role for private sector investment in the Middle East's oil & gas sector is required to support governments...
Kuwait Oil Company plans $4.2 billion heavy oil facilities
A unit of state-owned Kuwait Oil Company (KOC) will launch a tender later this year for the construction of facilities...
QP unveils new strategy to become world oil & gas giant
Qatar Petroleum ( QP ), the country's bellwether entity, unveiled a new strategy to become a world-class oil giant through...
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