8/31/2026 8:28:10 PM (Volume: 43 / Issue: 9)
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Tag: gas

Energy, Oil & Gas

CCUS pipeline expands as O&G firms focus on core assets: report

More than 70 per cent of operational and upcoming carbon capture facilities globally were associated with energy assets as of June 2026, highlighting the continued role of oil and gas companies in carbon capture, utilisation and storage (CCUS), according to GlobalData....

Energy, Oil & Gas

Italy’s gas storage nears 80pc ahead of winter deadline

Italy’s natural gas storage has reached 79.78 per cent, or around 162.3 TWh, more than two months ahead of the October 31 deadline, according to Gas Infrastructure Europe (GIE). However, inventories remain below last year’s level of 85.56 per cent....

Energy, Oil & Gas

Técnicas Reunidas secures $1.65bn onshore Mideast gas facilities contract

Spanish engineering and construction company Técnicas Reunidas has secured a Letter of Intent (LOI) for a $1.65 billion contract to build onshore gas facilities for a major gas field development in the Middle East, thus strengthening its position in the region's energy infrastructure market. ...

Energy, Oil & Gas

Egypt reports 112 oil, gas discoveries over two fiscal years

Egypt’s exploration sector has delivered positive results over the past two fiscal years, with 149 exploration wells drilled and 112 new discoveries made, including 88 crude oil and 24 natural gas finds, the government said. Among the notable discoveries was the Denis offshore gas field in Port Said....

Energy, Oil & Gas

Shell agrees $720m sale of Cyprus gas stake to MOL Group

Shell has agreed to sell BG Cyprus to MOL Group for up to $720 million, covering its 35 per cent stake in Cyprus Offshore Block 12’s Aphrodite gas field, with produced gas expected to be supplied to Egypt’s Egyptian Natural Gas Holding Company....

Energy, Oil & Gas

KOC awards maintenance contract for North Kuwait Jurassic plant

Kuwait Oil Company (KOC) has signed up Chinese group Anton Oilfield Services DMCC to deliver comprehensive integrated maintenance and operational support services for its Jurassic Production Facilities (JPF) 1, 2 and 3 located in the country's northern region. ...

Energy, Oil & Gas

Escalating Mideast tensions raise O&G supply risks: IEA

The International Energy Agency (IEA) has warned that escalating conflict in the Middle East is increasing risks to global energy security, with threats to the Strait of Hormuz and Bab el-Mandeb Strait fuelling uncertainty over global oil and natural gas supplies....

Energy, Oil & Gas

Sewa completes natural gas project in Dibba Al Hisn

The Sharjah Electricity, Water and Gas Authority (Sewa) said it has completed a project to connect natural gas services to Dibba Al Hisn in the northern emirate. The work involved construction of a gas pumping station, a 46-km pipeline network as well as providing internal connections to 200 residences. ...

Energy, Oil & Gas

Halliburton wins multi-year Aramco gas development contract

Halliburton has won a multi-year contract from Saudi oil giant Aramco to deliver integrated stimulation and completion services for unconventional gas development in the kingdom. It builds on the US energy company’s established portfolio backing Aramco’s unconventional programme. ...

Energy, Oil & Gas

Libya Energy & Economic Summit to target more opportunities

The next edition of Libya Energy & Economic Summit (LEES) will expand Libya’s investment pipeline across hydrocarbons, renewables and infrastructure while deepening international participation following record deal activity in 2026....

Energy, Oil & Gas

XRG boosts US LNG position with second Rio Grande stake buy

XRG, the international investment arm of Abu Dhabi National Oil Company (Adnoc), has completed the acquisition of an additional equity interest in Trains 4 and 5 of Rio Grande LNG at the Port of Brownsville, Texas, US, thus marking a significant step in the execution of its global gas strategy. ...

Energy, Oil & Gas

Acwa signs deals for N’Diago 230 MW gas project in Mauritania

Acwa has signed a Public-Private Partnership (PPP) and Power Purchase Agreement (PPA) for the development, financing, construction and operation of the N’diago 230 MW Combined Cycle Gas Turbine (CCGT) power plant in Mauritania....

Energy, Oil & Gas

EU gas, renewables rise as coal falls in 2025

EU energy supply shifted toward cleaner sources in 2025, with gas up 2.3 per cent and renewables up 1.4 per cent, while coal and petroleum declined. Renewables remained the largest electricity source at 47.2 per cent, according to Eurostat....

Energy, Oil & Gas

Eni, NOC start Sabratha project to raise Libya gas production

Eni and Libyan National Oil Corporation (NOC), via Mellitah Oil & Gas, have launched hydrocarbon production through the Sabratha Compression Project, an offshore development aimed at sustaining and boosting gas output from the Bahr Essalam field, 100 km offshore....

Energy, Oil & Gas

John Crane develops breakthrough drivetrain analysis method

John Crane has developed a validated drivetrain analysis method improving prediction accuracy for rotating equipment, reducing failure risk, downtime and vibration issues through dynamic modelling, testing and real-world data across oil, gas, LNG and power sectors....

Energy, Oil & Gas

Saudi Arabia, Korea deepen energy ties with new agreement

Saudi Arabia and South Korea signed an MoU to expand oil and gas cooperation, covering petroleum, petrochemicals, crude storage, pipeline infrastructure, technology, and sustainability initiatives, as the two countries seek to strengthen energy security and investment ties. ...

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