Citadel Capital SAE, the private equity firm in the Middle East and Africa, said it has today signed a project development and shareholders’ agreement pursuant to which a group of Qatari investors, arranged by QInvest, and Citadel Capital will form a joint venture to construct and own the facilities
The Government of Pakistan (GOP) aims to secure long-term energy supply for Pakistan to sustain economic growth. Pakistan requires an adequate supply of competitive energy to be made available to industrial and commercial customers. At present, the gas demand and supply for Pakistan indicates a gap
Iran has started drilling the first development well at South Pars gas field’s phases 22-24. The Sina drilling rig, the same rig that drilled the phases’ first exploratory well, is drilling the development well, the IRNA News Agency reported. The first exploratory well of phases 22-24 of the South P
Dana Gas the Middle East’s first and largest regional and private-sector natural gas company has signed a set of agreements with the Sharjah and Ajman Governments to jointly develop the shared field located around 40 kilometers off the two coasts. These included a unitization agreement for managemen
Imports of gas from Turkmenistan will be increased to 40 million cubic meters per day, managing director of the National Iranian Gas Company (NIGC), Javad Owji announced. According to the report of the public relations of the NIGC, he said that Iran is planning to import nearly 40 million cubic mete
Coordination among the gas producing countries and joining new members to Gas Exporting Countries Forum (GECF), whether as permanent or observer, is necessary to bring stability to gas market. Iran’s governor for OPEC, Mohammad Ali Khatibi, made the remarks in an interview with Shana, adding GECF’s
The Qatargas Jetty Boil-off Gas Recovery (JBOG) Project recently achieved a major safety milestone, completing ten million man-hours without any lost time injury. Nearly 3000 people from around the world are working on this crucial project, which aims to recover gas currently being flared during Liq
Yemen LNG said that it has on November 13 received formal confirmation from its Lenders Agent, The Bank of Tokyo-Mitsubishi UFJ, Ltd, that the company has achieved unconditional Lenders’ Completion. On 19th May, 2008 Yemen LNG entered into project financing loan agreements with a consortium of inter
His Excellency Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry of the State of Qatar, Chairman and Managing Director of Qatar Petroleum, and Yves-Louis Darricarrère, Total’s President, Upstream, signed a Heads of Agreement on Al Khalij field, offshore Qatar, for a further 25 years. L
14th Meeting and Workshop of the Gulf Standards Technical Committee for the Oil & Gas Industry in GCC Countries (GSO TC 7) was held last week in Doha with the participation of the major industry stakeholders and oil & gas operators in Qatar, and members of the said committee. More than 70 experts an
The implementation and installation of the first 32-inch offshore pipeline of phase-19 of South Pars energy zone, Bushehr province, was completed successfully, said the manager of the project. Hamidreza Masoudi said the pipeline laying for transferring gas produced in offshore platforms was complete
Three million cubic meters of gas could be drawn from Serajeh underground gas storage facility on a daily basis as on next Iranian month, beginning 21 November. Managing director of the National Iranian Gas Company (NIGC), Javad Owji, made the remarks during parliament’s energy commission members’ v
Dolphin Energy announced the award of the engineering, procurement and construction (EPC) contract for its upgrade project at its gas processing plant in Ras Laffan, Qatar to Larsen & Toubro of India. The value of the EPC contract is worth $250m. Larsen & Toubro’s scope will include the detailed eng
CNPC’s Al-Ahdab project delivered the first tank of LPG, marking the full operation of the field’s associated gas processing system , which has been completed in only 16 months, 3 years ahead of contracted time limit. In November 2008, CNPC signed a service contract on the development of Al-Ahdab Oi
