Gas

Dana Gas receives US$44mn in dividends from Kurdistan operations

dana gasDana Gas has received US$43.75mn in the first half of 2018 as dividends from Pearl Petroleum Company Limited for condensate and LPG sales in the Kurdistan Region of Iraq (KRI) including a US$7mn payment for the month of June 2018

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Libya’s Bahr Essalam Phase 2 offshore gas project starts production

libya oil ORA ORMEMellitah Oil & Gas, a joint venture between Eni and Libya’s National Oil Corporation (NOC), has started production from the first well of the offshore Bahr Essalam Phase 2 project

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Petronas prequalified for US$1.2bn Lebanon FSRU project

lebanon gas vesselMalaysian national oil company Petroliam Nasional Bhd (Petronas), along with 12 international companies, has been shortlisted to develop three floating, storage and regasification units (FSRUs) in Lebanon

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Gas to surpass oil as primary energy source worldwide

Gas to surpass oil as primary energy source worldwideAs gas is seen to overtake oil as the world’s primary energy source in the mid-2030s, around 64 per cent of oil and gas sector leaders expect to increase or sustain spending on gas projects in 2018

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Gas projects lead in capital expenditure in oil and gas industry, says GlobalData

global rigAbout 620 oil and gas projects are set to come online across the globe in near future as the global oil and gas industry is comfortable with the lower for longer oil price environment, according to GlobalData, a leading data and analytics company

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