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Shell Pulls Thai Sale to Kufpec
Shell said October 4 it has cancelled its sale of former BG gasfield assets in Thailand to Kuwaiti state-owned Kufpec by mutual agreement. Instead Shell said it would invest…
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Total Sells Remaining Gina Krog Stake to Kufpec
Total has agreed to sell its remaining stake in the Gina Krog oil and gas field to Kuwaiti state-owned Kufpec (Kuwait Foreign Petroleum Exploration Company) in its first non-core…
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Saipem Wins $850mn Kuwaiti Contract
Italian engineering firm Saipem has won a contract worth some $850mn for the new Al Zour refinery in the south of Kuwait, it said August 16. Activities involve engineering,…
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Aussie Firm Bags Kuwait LNG Subcontract
Australian SRG, a complex services company, has secured a A$26.5mn (US$20.9mn) contract with South Korea's Hyundai Engineering and Construction (Hyundai E&C) for the…
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Tillerson Starts Shuttle Diplomacy in Gulf: AP
The US administration has sent its top diplomat Rex Tillerson to the Middle East July 11 to corral Qatar and its neighbours into negotiation, AP reported. He will travel between…
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Siemens Wins Kuwait Order
Germany’s Siemens said July 4 it has won an order to supply the key power generation equipment for the 900-MW Sabiya Extension 3 combined-cycle gas turbine power plant (CCGT)…
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Kuwait Intervenes in GCC Conflict
The emir of Kuwait Sabah, Al Ahmad Al Sabah, has embarked on whistle-stop diplomacy to stop a major rift worsening among Mideast Gulf states. He is travelling to the United Arab…
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SGX Launches LNG Spot Index for Dubai, Kuwait, India
Singapore Exchange (SGX) and Tullett Prebon have launched an LNG spot index for Dubai, Kuwait and India (DKI) to enhance price discovery and risk management in one of the fastest-g…
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SGX Plans New LNG Pricing Index: Correction
(Explains relationship between SGX and Energy Market Company, para 4.) Leading energy broker Tullett Prebon and Singapore Exchange (SGX) said January 23 they will jointly…
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Kuwait IWPP Up and Running: Engie
Kuwait’s $1.7bn Azzour North One independent water and gas-fired power project (IWPP) has started full commercial operations, French firm Engie said December 12. Local…
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LNG Market Moving Towards More Flexible Contracts: Kuwait Petroleum
Weaker than expected demand in traditional Asia markets is leaving several large LNG buyers in the region over-contracted which should help accelerate a transition towards more…
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EGPC, Kuwait Energy Sign Agreement on Iraq's Siba Gas Field
Egyptian General Petroleum Corporation has inked an agreement with Kuwait Energy to buy stake in Siba gas field in Iraq’s Basra region, the Egyptian oil ministry said…
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Repsol, Caixa in Talks to Sell 20% of Gas Natural
Repsol and Spanish fund Criterio Caixa each confirmed September 1 they have been in talks with certain investors about the sale of a 20% stake in Spanish marketer Gas Natural &ndas…
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Beach Completes Egypt Sale to Rockhopper
Australia-listed Beach Energy said August 17 it had completed the sale of its Egyptian subsidiary, the core asset of which is a 22% interest in the Abu Sennan concession, to UK-lis…
