ADNOC has signed a 15-year sales and purchase agreement with Japan's INPEX for the supply of 1 million tonnes per annum of liquefied natural gas (LNG), primarily from the Ruwais LNG project in Abu Dhabi.The agreement brings long-term commitments for the 9.6 mtpa Ruwais LNG project to more than 90% of its capacity, with nearly 23% committed to Japanese customers.
Italian energy services group Saipem, through its Saipem Indonesia subsidiary and in a joint venture with PT Tripatra Engineers and Constructors, has won a contract for a floating production
Bahri Logistics, a business unit of Bahri, the Kingdom’s leading shipping, maritime transportation, and logistics company has signed a newbuild agreement with Grandweld Shipyard for the construction
ADNOC and XRG have signed a strategic collaboration agreement with Mitsui to explore opportunities across liquefied natural gas (LNG), crude oil, sulfur, shipping and chemicals
Oil rose on Tuesday as traders' nervousness about a lack of progress on peace talks between the United States and Iran offset any price impact of a slight recovery in shipping through the Strait of
Saudi Arabia is considering expanding the capacity of its crude oil pipeline to the western Red Sea coast, five sources close to the matter said
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