Nakilat expands its fleet
The Qatari firm placed orders for 6 carriers with HSHI.
ADNOC Gas H1 revenue $10.6bn
The decline in revenue is due to lower gas prices.
Algeria firm sign $740m contract with TotalEnergies
Algiers, Algeria - Algeria's state oil company Sonatrach said on Sunday it had signed contracts to boost gas production under an existing agreement worth about $740 million with French giant TotalEnergies.The companies will increase output from two Sahara desert fields in southeastern Algeria, for export to France and elsewhere in Europe,...Demand boost, price rise lift profits of Gulf oil firms
GCC countries have witnessed financial surpluses in their budgets for the first time in a long time on the back of increase in oil prices, strengthening their credit ratings.EIG, Q Properties sign gas deal
EIG will supply gas to Q Properties' Reem Hills project.
Al Seer buys two new ships
The firm, a subsidiary of IHC, acquired the vessels for AED246m.
Dana Gas, Crescent Petroleum report record sales gas production
Dana Gas and its partner Crescent Petroleum have reported record sales gas production from their operations in the Kurdistan Region of Iraq (KRI), reaching 452 million standard cubic feet per day (MMscf/d) at the end of 2021. The production milestone is the culmination of numerous process improvements at the Khor...
Al Seer Marine net profit $666m
The net profit for the first nine months of 2020 was AED 25.40m.
Iran builds energy port on Persian Gulf for $350 million
Iran built the port to reportedly expedite the export of petroleum products from the South Pars energy hub, which the country shares with Qatar.
