Saudi Power Procurement Company (SPPC) has announced that a total of 21 top global utility project developers including Siemens, Samsung, GE, EDF, Korea’s Kepco and Marubeni as well as regional heavyweights Acwa Power and Taqa have been prequalified for development of four power plants across the kingdom with a total …
Read More »
North America is expected to be the frontrunner in global LNG liquefaction capacity growth through new-build (planned and announced) and expansion projects during the outlook period 2020 to 2024. The region is likely to contribute about 75% of the total growth across the globe by 2024, according to GlobalData, a …
Read More »
The world oil demand growth forecast for 2020 is revised lower by 6.9 million barrels per day (mb/d), to a historical drop of around 6.8 mb/d, said OPEC in its monthly market report. The contraction in the second quarter (2Q) of this year is expected to be around 12 mb/d, …
Read More »Qatar Petroleum has announced the start of the development drilling campaign for the North Field East Project, or NFE (previously known as the North Field Expansion Project). The first of 80 NFE development wells was spudded by the jack-up rig “GulfDrill Lovanda”, which is managed and operated by GulfDrill, a …
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel