Middle East pipeline news
Wellube announces strategic partnership with ICR Group
Wellube, a Unique Group company, has announced a strategic partnership with ICR Group.
GIP and Snam weighing stake sale in Adnoc's gas pipeline business
GIP holds the largest foreign share in Adnoc's gas pipeline unit, while Snam owns approximately a 6% stake.
Vallourec extends its contract with the National Oil Company of Abu Dhabi
This extension will take effect in January 2025 and will last up to January 2027.
Sinopec unit agrees to build gas pipelines for Saudi Aramco
A Sinopec service unit has signed a US$1.10 billion deal to build natural gas pipelines for Saudi state oil company, Aramco, says Reuters.
Iran-Pakistan gas pipeline remains stalled under cloud of sanctions
Iranian President Ebrahim Raisi's visit to Pakistan this week put the spotlight on a major gas pipeline deal between the two neighbours, says Reuters.
Baker Hughes to supply equipment for Aramco's MGS expansion project
The company will supply 17 pipeline centrifugal compressors powered by aeroderivative gas turbines, says GlobalData.
Iraq set to reopen own pipeline as Kurdish talks stall
Baghdad is repairing a pipeline that could allow it to send 350 000 bpd to Turkey by the end of the month, reports Reuters.
Lunate acquires 40% stake in ADNOC's pipeline assets
Abu Dhabi’s Lunate has acquired a 40% stake in ADNOC’s oil pipeline infrastructure assets from BlackRock and KKR, says Reuters.
Pakistan to seek US waivers for gas pipeline from Iran
Pakistan plans to ask the US to relax possible sanctions around a natural gas pipeline project from neighbouring Iran.
Iraq and foreign oil firms trade blame over shut pipeline
The Iraq-Turkey oil pipeline which once handled about 0.5% of global oil supply has been halted, stuck in legal and financial limbo, since March 2023 reports Reuters.