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Anbar Power Plants To Build Case For Akkas Gas?
...kas power plant was built by the now defunct Indian EPC contractor Lanco Infratech for $81.26mn after being awarded the contract in 2011 by Iraq’s Ministry of Electricity. The sum excludes the cost of two GE 125MW gas fired turbines that make up the generation units. In 2014, the site fell to the Is...
Volume: 65Issue: 34Published at Fri, 26 Aug 2022 -
Eni Makes ‘Big But Not Massive’ Cyprus Gas Discovery
...prus’ fourth gas discovery to-date following 2011’s 4.1tcf Aphrodite find by US firm Noble (now Chevron), 2018’s Calypso and ExxonMobil’s 5-8tcf, 2019 Glaucus. As yet though, the country does not produce any gas although it is hoping that negotiations with Chevron (35%) and its Aphrodite partners, Sh...
Volume: 65Issue: 32Published at Fri, 12 Aug 2022 -
Sabic: Record Q2 Figures, But Outlook Crimped By Global Economic Headwinds
....93bn for Q2 with both of the key units – Petrochemicals & Specialities, and Agri-Nutrients – seeing record quarterly figures. Prorating 1H revenue of $28.97bn would give a figure of $58.4bn for 2022 as a whole, substantially above the record annual figure of $50.7bn set in 2011. Doing the same for 1H...
Volume: 65Issue: 32Published at Fri, 12 Aug 2022 -
Saudi Arabia Posts Strong Q2 Growth
...Saudi Arabia’s economy is booming, with GDP growing at its fastest pace since 2011. Inflation remains under control and foreign reserves are being rebuilt. Saudi Arabia’s economic rebound continues apace, with growth accelerating to 11.8% last quarter. Preliminary government figures for Q2...
Volume: 65Issue: 31Published at Fri, 05 Aug 2022