gas
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously
Revival of projects in the energy sector key to the country’s development
Global upstream oil and gas capital expenditure is expected to grow by $24 billion this year
Non-oil sectors also saw a significant 7.1 percent increase, reaching $38.79 billion in 2023
To service the contract and explore future opportunities, ADNOC Drilling has incorporated Turnwell Industries
The Ras Al Sadr gas field has a production capacity of up to 100 million standard cubic feet of gas per day
Under the terms of the deal, Eni retains a 60 percent ownership stake and assumes the role of the operator
Domestic gas net income unit margin saw a 20 percent Y-o-Y improvement
The gas field contains economically viable quantities of gas, according to the Sharjah Petroleum Council
LNG supplies from Qatar to China reached around 17 million tons in 2023
This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month
