Page 1 - MEOG Week 39 2021
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Issue 838 29•September•2021 Week 39
ADNOC closes book on drilling IPO
ADNOC has closed the book on the listing of its drilling arm, with the sale
more than 30 times oversubscribed.
Dana Gas wins Iran damages
UAE-based Dana Gas this week announced that it had been awarded
$607.5mn in damages relating to a dispute with Iran’s NIOC.
Basrah Gas partners eye expansion
Iraq’s Basrah Gas Co. (BGC) joint venture is considering doubling its gas
processing capacity to 2bn cubic feet per day.
McDermott looking good for LTA work
US-based McDermott is understood to be leading the race among LTA
signatories for several offshore oilfield services contracts from Aramco.