MEOG Week 40
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Issue 740 08•October•2019 Week 40
CNPC pulls out of South Pars phase 11
The move follows significant pressure from the US for all governments and companies to alienate Tehran.
Sidestepping Hormuz
Iran has announced plans to develop a pipeline, port and downstream infrastructure that will allow for exports to be made by sea outside the Strait.
Target wins Aramco EPC
Target Engineering Construction has won a $75mn EPC contract from Saudi Aramco for the upgrade of a water disposal facility at Qatif GOSP.
