Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal activity in 4Q20.
The contract, awarded by Saipem S.p.A., is for the provision of double joint welding, coating and thermal insulation for a 36 in. pipeline as part of a major ongoing project in the Middle East.
The deal with Safari Oil & Gas Company Ltd. will see Pipeotech deliver its guaranteed leak-proof DeltaV-Seal gaskets to industries across the Kingdom of Saudi Arabia.
The progress of the Goreh-Jask crude oil pipeline has reached nearly 70%, and will probably be operational by March 2021.
The report states that the global oil and gas security and service market is expected to increase in size by a CAGR of 5.2% by 2025.
Gordon Cope explores the far-reaching impacts of recent global developments on the oil and gas industries of the Middle East and North Africa.
The actuators will be installed on a remote header application at one of the world’s largest exporters of crude oil and condensates.
MENA oil and gas pipeline sector still reeling from impacts of weak demand and COVID-19, says GlobalData.