MENA Energy Investment Outlook: Recovery Despite Uncertainty

...pected before 2017. 2. In a move to cut project costs, some project sponsors within the MENA region have had to rethink their contracting strategies, combining LSTK with Open Book Reimbursable Contracts (OBRC) through conversion agreements. 3. This has been developed in: A Aissaoui, ‘Powering the Ar...