LNG

Shell Plc has confirmed its shareholding with four other partners in the new LNG export plant being developed in the United Arab Emirates by Abu Dhabi National Oil Company’s (ADNOC) at Al Ruwais.

Abu Dhabi National Oil Co. (ADNOC), the main oil and gas company of the United Arab Emirates, has as expected made a final investment decision to build a second LNG export plant sited in the industrial city of Ruwais and has also awarded engineering contracts.

Technip Energies, the leading European energy and liquefied natural gas project engineers, reported increased net profits and revenues as the backlog was also boosted by Middle East LNG contract awards in the United Arab Emirates and in Oman.