Sabic, OQ, and KPI have signed an agreement to set up a petrochemical complex in Oman using feedstock from Oman's Duqm refinery. The complex will produce petrochemical products for markets linked to energy transition, clean technology, mobility, and construction. The project enables the partners to identify sustainable growth opportunities by combining capabilities and working with partners.
Egypt has launched a new international tender for crude oil and gas exploration in 12 onshore and offshore blocks in the Mediterranean Sea and Nile Delta. This is the third tender launched using Egypt's new digital oil and gas exploration portal.
The US became the world's largest LNG exporter in the first half of 2022, averaging