Nakilat Shipping Qatar Limited (NQSL) has signed an agreement with Shell International Trading and Shipping to begin the planned phased transition of the management of Nakilat’s LNG fleet from Shell to NSQL.
The state-run utility firm Korea Electric Power Corporation (KEPCO) agreed to invest $900m in a company operating the first nuclear power plant in the United Arab Emirates (UAE).
PR Oil and Gas Limited, the holder of its investment in OML 113, has received $1.2m from the sale of the first production of oil from the Nigerian Aje Field.