BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 12.Aug.2026, Words: 99) — Saipem was awarded an offshore engineering, procurement, construction and installation (EPCI) contract in the Middle East, valued at approximately $1.8bn.
Saipem’s scope encompasses the EPCI of offshore and subsea facilities.
(Opec, 5.Sep.2024) — The OPEC+ countries, which previously announced additional voluntary cuts in Apr. and Nov. 2023, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, held a virtual meeting on 5 Sep. 2024, during which the eight member countries emphasized their collective resolve to […]
(Eni, 22.Aug.2022) — Eni announces a significant gas discovery in the Cronos-1 well drilled in Block 6, 160 km off Cyprus coastline, in 2,287 meters of water depth. The Block is operated by Eni Cyprus holding 50% interest with TotalEnergies as partner. Preliminary estimates indicate about 2.5 TCF of gas […]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Apr.2025) — Rönesans Holding closed financing of $2bn to progress the development of a major new polypropylene production plant and terminal facility, which will be one of the largest private sector investments in Türkiye. The development — comprised of 2 distinct components financed […]