MENA oil and gas pipeline sector still reeling from impacts of weak demand and COVID-19, says GlobalData.
International law firm Ashurst has advised ADNOC on the transactions which will see a consortium of investors invest in select gas pipeline assets valued at US$20.7 billion.
Dr. Hooman Peimani considers the current midstream market in Russia and its struggle, along with the international economy, in the face of falling oil and gas prices and a global pandemic.
Shareholders have approved a feasibility study to separate the company’s upstream and midstream businesses in a demerger.
According to GlobalData, Iran is set to contribute 43% of the Middle East’s new-build trunk pipeline length additions by 2023.
GlobalData reports on the impact of contracts activity in the Middle East on the global oil and gas industry.
Oil companies have come together at a regional conference in Abu Dhabi, UAE, to discuss environmental stewardship.