Aramco closes $12.4bn pipeline sale
Saudi Aramco has closed the $12.4 billion sale of a 49% stake in its pipelines unit, to a group led by EIG.
Pipelines
Gaza rockets strike Israeli oil tank
Rockets fired from Gaza hit a tank in Israel on May 11, causing a fire that continues to burn.
Saipem wins more North Field work
Qatargas has awarded a letter of award for pipelines under the North Field Production Sustainability (NFPS) project to Saipem.
Egypt, Israel eye expansion of EMGF
Egypt and Israel are working on plans to expand the East Mediterranean Gas Forum (EMGF) into energy security, electricity infrastructure and emissions controls.
Saipem wins $1.7bn Qatargas contract
Qatargas has awarded a $1.7 billion contract to Saipem for work on the North Field project.
Egypt talks Leviathan, Gaza Marine plans
Israeli and Egyptian ministers have met to talk about a proposed pipeline from the Leviathan field to LNG plants.
Qatar, EU oversee Israeli gas deal with Gaza
Israel will sell gas to the Gaza Strip, under a deal involving the European Union and Qatar.
SCA downplays Israel-UAE pipeline competition
The Suez Canal Authority (SCA) has denied that the reopening of the Eilat-Ashkelon pipeline would have an impact on flows through the Egyptian waterway.
TWI works on non-metallic push
Adnoc, Saudi Aramco Technologies Co. (SATC) and TWI opened a laboratory in November dedicated to non-metallic applications in the oil and gas industry.
Petrofac completes gas storage plant for SNOC
Sharjah National Oil Corp. (SNOC) has launched its new gas storage project, constructed by Petrofac.
Severstal balances domestic demand with international option
Russia will remain the heart of Severstal’s focus for the near term, but uncertainty around the timing of a contract with Gazprom has encouraged international growth.
Aramco, Baker Hughes launch non-metallic construction
Aramco and Baker Hughes have begun construction on a non-metallic joint venture, at the King Salman Energy Park (SPARK).
Sapura wins Qatari, Congolese work from Total
Sapura Energy has won a number of contracts, including pipeline works for Qatar’s Al-Khalij field, from Total E&P Golfe.
Adnoc dishes out onshore efficiency contracts
Adnoc has awarded $324 million worth of contracts to optimise field operations and enhance efficiency.
Israel and UAE open talks over top-secret oil pipeline
Israel and the United Arab Emirates have opened talks over an oil pipeline linking the Red Sea with the Mediterranean, whose operations Israeli officials treat as top secret.