Middle East

Spain's Endesa faces new arbitration over LNG contract dispute

Spanish power utility Endesa is facing a new arbitration related to a price review of a long-term LNG supply contract

ADNOC signs 15-yr LNG supply deal with Japan's Osaka Gas

Abu Dhabi National Oil Co. (ADNOC)) has signed a 15-yr sales and purchase agreement to supply Japan's Osaka Gas with liquefied natural gas (LNG) from its Ruwais project.

Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth

Global demand for liquefied natural gas (LNG) is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, artificial intelligence (AI) impact and efforts to cut emissions in heavy industries and transportation.

Leviathan partners eye big expansion of natgas field for Israel and export

Partners in the Israeli Leviathan offshore natural gas project have submitted a multi-billion-dollar plan with the government to significantly expand the field and boost production.

LNG vessel is second this year to sail through Red Sea

An unloaded liquefied natural gas (LNG) tanker is sailing through the Red Sea, enroute to go past Yemen and the Gulf of Aden, and set to be the second vessel of its kind to take the passage so far this year.

ADNOC Gas signs 14-yr, multibillion dollar LNG supply agreement with Indian Oil Corp.

The agreement, signed by ADNOC Gas and IndianOil, is valued in the range of $7 B-$9 B over its 14-year term.

Shell sees significant LNG growth in near term under its scenarios

Global demand for LNG will see a robust rise in the next few years, while gas will likely see a more gradual dynamic and oil may peak at the beginning of the next decade, scenarios published by Shell showed.

Oman, Australia LNG vessels head west as Europe draws supply

At least three vessels carrying liquefied natural gas (LNG) from Oman and Australia are heading west for delivery, with one sailing through the Red Sea, shiptracking data showed on Monday, as higher prices in Europe continue to draw more supplies.

ADNOC agrees to 5-yr LNG supply deal with India's BPCL

Abu Dhabi National Oil Co. (ADNOC) will supply 2.5 MMt of liquefied natural gas (LNG) to India's Bharat Petroleum Corp under a new 5-yr deal.

Pakistan's LNG deal with Qatar open to renegotiation next year

Pakistan's liquefied natural gas (LNG) pact with Qatar allows for either party to initiate renegotiation talks next year but no decision has been taken on whether to do this, Pakistan's petroleum minister said on Friday.

Bahri, Petredec partner to meet Saudi Arabia’s growing LPG and ammonia shipping needs

Bahri (The National Shipping Company of Saudi Arabia) and Petredec have agreed to form a strategic partnership aimed at addressing Saudi Arabia’s increasing LPG and ammonia shipping demands.

Snam to sell stake in ADNOC Gas Pipelines to Abu Dhabi’s Lunate Investment Fund

Italy's gas grid operator Snam will sell its minority stake indirectly held in ADNOC Gas Pipelines to Abu Dhabi-based investment fund Lunate.

ADNOC Gas strengthens partnership with JERA global markets through new LNG agreement

ADNOC Gas Plc. and its subsidiaries (ADNOC Gas or the company), a world-class integrated gas processing company, has signed a $450-MM (AED1.653-B) 3-yr liquefied natural gas (LNG) supply agreement with JERA Global Markets Pte. Ltd.

Italy, Saudi Arabia sign energy cooperation agreement, including low-carbon hydrogen, ammonia and CCS

The cooperation focuses on renewable energy, reducing methane emissions, power interconnections, renewable and low-emissions hydrogen and ammonia, and carbon capture and storage systems

Fire at liquefied gas site in Iran under control, SHANA reports

Firefighters have brought under control a fire at a liquefied gas site in Rey City south of Tehran, the Ministry of Oil's news outlet SHANA reported, adding there were no casualties.

IEA: Global gas markets to remain tight on rising demand

Global natural gas markets will remain tight this year as demand rises and output grows more slowly than before the energy crisis of 2022 and the pandemic of 2020-2021, a quarterly report by the International Energy Agency (IEA) said.

Russia plans natural gas pipeline to Iran

Russian President Vladimir Putin announced plans to build a gas pipeline to Iran aimed at eventually transporting up to 55 Bm3y to the Middle Eastern country.

Sungrow Hydrogen wins supply contract for 320-MW green ammonia project in Oman

Sungrow Hydrogen has signed a supply agreement with ACME Group and will provide water electrolysis hydrogen (H2) production equipment for the 320-MW green ammonia project in Oman.

Levidian's LOOP technology goes live at one of the world's largest gas processing plants

British climate technology firm Levidian announced the successful installation of its patented LOOP technology at ADNOC Gas' Habshan Gas Processing Plant in Abu Dhabi.

TotalEnergies begins construction on 50-MMft3d Iraq gas plant

TotalEnergies has begun building 50-MMft3d ArtawiGas25 gas processing facility in Iraq, which will process natural gas from the Ratawi field which is currently flared

Petrofac awarded $300-MM EPC contract for the $1.3-B Habshan project (UAE)

The contract, awarded to Petrofac Emirates, is valued at over $330-MM and involves the engineering, procurement and construction of a new gas compressor plant at the Habshan Complex in Abu Dhabi.

CB&I awarded lump-sum EPC contract for Ruwais LNG project in the UAE

CB&I announced that it has been awarded a lump sum contract by TJN Ruwais JV for engineering, procurement, and construction of two cryogenic tanks and associated civil, structural, mechanical and piping works for its Ruwais LNG project in the UAE.

ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure

ADNOC Gas plc and its subsidiaries announced the awarding of three enabling contracts worth $2.1 B for an LNG pre-conditioning plant (LPP), compression facilities and transmission pipelines to supply feedstock to the Ruwais LNG Project.

Qatar threatens to stop EU gas sales if fined under due diligence law

Qatar would stop shipping gas to the European Union if member states strictly enforce a new law on forced labor and environmental damage, Energy Minister Saad al-Kaabi told the Financial Times in an interview published on Sunday.

ADNOC signs 15-yr LNG supply deal with Germany's EnBW

Abu Dhabi National Oil Company has signed an agreement to supply German utility company EnBW with 600,000 tpy of LNG from its Ruwais project for 15 years.

Wood Mackenzie: Defining the energy transition

As the energy landscape rapidly transforms due to decarbonization, electrification and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report.

Hydrom and thyssenkrupp nucera collaborate on developing Oman’s green hydrogen industry

Hydrogen Oman and thyssenkrupp nucera have signed a Memorandum of Understanding to work together in supporting the growing green hydrogen sector in the Sultanate of Oman.

Qatar energy minister has no concerns over Trump vow to lift LNG exports cap

Qatar has no concerns about U.S. President-elect Donald Trump's promise to lift a cap on liquefied natural gas (LNG) exports, Qatar's Energy Minister Saad al-Kaabi said on Saturday, adding his country would cope with any competition.

Aramco, Carbon Clean and SAMSUNG E&A partner on carbon capture plant

Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a collaboration agreement with Carbon Clean and SAMSUNG E&A to demonstrate a new carbon capture technology.

ADNOC Gas awards design contract for gas processing facilities at Bab Gas Cap

ADNOC Gas Plc. and its subsidiaries (together referred to as “ADNOC Gas” or the “company”), a world-class integrated gas processing company, announced today that Worley Engineering Pty. Ltd. has been awarded the front-end engineering and design (FEED) contract for new gas processing facilities at Bab Gas Cap (BGC).