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.
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.