OGUK: Investment in new North Sea projects plunges 90% in 2016

Sparking fears for the long-term future of the industry, the UK upstream segment is expected to approve fewer than £1 billion in spending on new North Sea projects compared with an average of £8 billion/year over the past 5 years, according to Oil & Gas UK’s 2016 Activity Survey published Feb. 23. Source: News


Sonatrach lets contract for LPG plant work

State-owned Sonatrach has let a $100 million contract to ABB to rebuild and revamp a treatment unit in the LPG plant at Rhourde-Nouss natural gas field in central-eastern Algeria. Source: News


Zora gas field flowing off Sharjah, Ajman

Dana Gas PJSC, Sharjah, reports Zora gas field offshore Sharjah and Ajman has started production with optimization under way to boost flow to a planned 40 MMcfd. Source: News