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New Saudi and Emirati gas finds boost export hopes

Location:

UAE/SAUDI ARABIA

Further exploration and appraisal work will be needed to gauge how much gas can be recovered from the new discoveries and at what cost. The global demand slump following COVID-19…

Investors will greet Saudi IPOs -- and look to Aramco

Location:

SAUDI ARABIA

Investor appetite for Saudi equities has been demonstrated in the huge over-subscription in the IPO of 20% of an internet affiliate of Saudi Telecom Company, which raised almost…

The Gulf States would benefit from a UK trade deal

Location:

GULF STATES

After leaving the EU, London is attempting to negotiate FTAs with its major trading partners. The GCC states are trying to diversify their economies from hydrocarbon-dependence.

NEOM is a key part of Saudi Arabia’s green rebranding

Location:

SAUDI ARABIA

NEOM is a futuristic smart urban centre and tourism hub in north-western Saudi Arabia. The official rhetoric associated with the launch of NEOM emphasises the project’s…

Abu Dhabi will boost oil output for energy transition

Location:

UNITED ARAB EMIRATES

This is part of a wider strategy to capture more value from hydrocarbons resources, launched after a major corporate restructuring following the 2015 oil price crash. The publicly…

Iraq’s hydrocarbon prospects at risk from politics

Location:

IRAQ

Resurgent interest from international oil companies (IOCs) in upstream investment offers an opportunity to accelerate development of Iraq’s underexploited oil and gas reserves but…

Riyadh will push nuclear to diversify energy mix

Location:

SAUDI ARABIA

Saudi plans to build nuclear power facilities

Gulf states’ non-oil growth will depend on oil income

Location:

GULF STATES

The deal links two key sectors in the six Gulf Cooperation Council (GCC) countries’ efforts to diversify their hydrocarbon-dependent economies, connecting transportation and…

Riyadh will edge into a more visible role in Africa

Location:

SAUDI ARABIA

Hosting the inaugural Saudi-Africa summit in November, Riyadh pledged to invest USD25bn, provide USD10bn in export finance and commit USD5bn billion to development projects by the…

Japan will strengthen relations with Gulf states

Location:

JAPAN

Saudi Arabia, the United Arab Emirates (UAE) and Qatar are major suppliers of oil and gas, and Japan needs to secure its future energy supplies, but Tokyo would like strategic…