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gas

Aramco awards major long-term agreements to 8 companies for its oil and gas brownfield projects

3 mins read

The FINANCIAL — Aramco has announced a new contracting strategy for the Company’s oil and gas brownfield and plant upgrade projects. The strategy focuses on establishing new businesses and developing partnerships based on sustainability and new technologies via Aramco’s giant projects by awarding long-term contracts to reputable and experienced contractors to improve cost efficiency and the quality and safety of the projects. Following Aramco’s approval of the new contracting strategy, contractors’ companies were invited to submit their proposals, and after a thorough evaluation process, eight companies have been selected to carry out the work: Consortium of Nasser Saeed Al-Hajri And…

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Aramco awards major long-term agreements to 8 companies for its oil and gas brownfield projects

3 mins read

The FINANCIAL — Aramco has announced a new contracting strategy for the Company’s oil and gas brownfield and plant upgrade projects. The strategy focuses on establishing new businesses and developing partnerships based on sustainability and new technologies via Aramco’s giant projects by awarding long-term contracts to reputable and experienced contractors to improve cost efficiency and…

bp starts gas production from Qattameya field

2 mins read

The FINANCIAL — bp today announced the start of gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.  Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is ‎expected to produce up to 50 million cubic feet of gas per day, has been…

IEA publishes report on global gas security

1 min read

The FINANCIAL — The International Energy Agency (IEA) has published the latest edition of its annual report ‘Global gas security review 2020’. The report has found that international liquefied natural gas (LNG) has brought a much needed flexibility to gas markets, enabling them to adjust to the sharp drop in demand caused by the COVID-19…