Saudi Arabia signs international deals worth US$50bn

king 25At an investment conference, Saudi Arabia also signed deals worth more than US$50bn in sectors including oil, gas and infrastructure

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NOCs forecast to spend more than US$116bn in new petrochemicals projects, says GlobalData

petroNational Oil Companies (NOCs) are diversifying beyond their upstream oil and gas core, with major NOCs forecast to spend more than US$116bn in new petrochemicals projects, according to GlobalData, a data and analytics company

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Petrochemicals set to be the largest driver of global oil demand: IEA

PlasticsPetrochemicals will surpass cars, trucks and aviation in future oil demand growth, according to a study by the International Energy Agency (IEA)

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ADNOC LNG awards US$860mn EPC contract for Phase 2 of IGD-E project

ADNOC LNG 27ADNOC LNG, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has signed an engineering, procurement and construction (EPC) contract for the second phase of the integrated gas development expansion (IGD-E) project with a consortium of Spain's Tecnicas Reunidas and Abu Dhabi’s Target Engineering Construction Company

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Oman and Iran to drive growth for oil storage industry in the Middle East to 2022, says GlobalData

oil storage 25Oman and Iran will drive the majority of the growth in the oil storage industry in the Middle East between 2018 and 2022, contributing more oil storage capacity than any other country in the region, according to leading data and analytics company GlobalData

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