ADNOC investment decision for Ruwais LNG in UAE confirmed by Shell as three other players also take stakes
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.
LNG project engineer Technip boosts profits and backlog hits $16Bln with multiple Middle East LNG 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.
ADNOC Gas in UAE plans to invest $13Bln in domestic and overseas projects and to double LNG production
ADNOC Gas, the energy company in Abu Dhabi in the United Arab Emirates, plans to invest $13 billion in domestic and international opportunities in the next five years and aims to more than double its LNG production capacity by 2028.
Vitol posts rise in traded LNG volumes to over 17 million tonnes and forecasts tight market through 2026
Vitol, the world’s largest independent energy and commodities firm, said its traded liquefied natural gas volumes increased slightly to 17.6 million tonnes during 2022 and with 67 percent sold to Europe in the fourth quarter.
LNG equipment-maker Air Products boosts Gulf assets with UAE and Bahrain Air Liquide acquisitions
Air Products, the LNG equipment-maker and industrial gas group with an increasing presence in the Middle East, has acquired the industrial gases businesses in the United Arab Emirates and in Bahrain from French gases company Air Liquide.
