LNG

KBR, the US engineering and LNG contractor, was awarded a major project management consultancy services contract for the Ghasha portfolio of gas projects by Abu Dhabi National Oil Company in the United Arab Emirates, the oldest LNG producer in the Middle East.

Abu Dhabi National Oil Company, the producer of oil and LNG for the United Arab Emirates, has concluded one of the largest ever deals for refining assets by selling a one-fifth shareholding to Italian energy company Eni for $3.9 billion as the UAE seeks to fund a long extension of LNG output and additional exploration and production activities.