The consortium has been awarding preliminary contracts worth billion to subcontractors for the construction of the facility.
Read More »World`s Largest LNG Bunker Vessels Reach Construction Milestone
Avenir LNG signed the contract for the two LNG bunker vessels (LNGBV) in Q4 2018.
Read More »UAE Minister Named ‘Oil Diplomacy Person of the Year’
This prestigious accolade was awarded last year to Khali Al-Falih.
Read More »OPEC Warns of Rising Geopolitical Tensions
The group would meet in Vienna Austria to deliberate on the matter.
Read More »Libya`s Sharara Field still Closed for Security Reasons
Libya has struggled to maintain oil production since 2011.
Read More »The Prospect of Turkey-Cyprus Gas Tension
Expected announcement by ExxonMobil of discovery off island’s south coast seen as potential game changer.
Read More »Iran among Top 11 Countries in Building Submarines
Preparations to build Fateh submarine started in early months of the year 1387 based on requests of Army’s Navy.
Read More »US Increases Pressure on Maduro via Sanctions
The steps are part of a wider effort by the United States to undermine Mr Maduro.
Read More »Oil Prices to Fall from $65 bbl to $50 bbl
US-China trade talks are set to resume next week in Washington.
Read More »OPEC has a President under Sanctions. but History Shows it`s Manageable
The organization is more directly represented by its secretary-general. currently the Nigerian Mohammad Barkindo.
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