LNG

Saipem, the Italian subsea company with contracts for LNG project, pipeline natural and oil worldwide reported a 19 percent jump in revenues as new contracts also built the backlog to more than $32Bln.

Italian energy company Eni and Sharjah National Oil Corp. in the LNG exporting and importing nation of the United Arab Emirates have started production start-up at the Mahani natural gas field in the emirate of Sharjah.