Petrofac has won a contract extension for operations and maintenance (O&M) for an FOSO on the Jasmine field offshore Thailand. The company has been working on the FPSO since 2011. The contract now runs until the end of 2028. Operator Valeura Energy said it had extended its charter of the FPSO in addition to the […]
Author Archives: Faiza Rizvi
Eid Al Adha 2023: Expected six-day weekend dates revealed
As Eid Al Adha nears, UAE residents can expect a long weekend, right before schools close for a two-month summer break. Residents can expect either a five- or six-day weekend, depending on the Moon sighting, which determines the beginning and ending of the Islamic Hijri calendar months. The designated holiday period for this festival is from the […]
QatarEnergy begins construction of LNG vessel for historic fleet expansion
QatarEnergy celebrated the steel cutting of the first of its new generation of chartered LNG vessels to be constructed in a Korean shipyard. QatarEnergy joined Samsung Heavy Industries, and JP Morgan Asset Management in a special ceremony on Geoje Island in the Republic of Korea to celebrate this milestone, which is part of QatarEnergy’s historic LNG Fleet Expansion Project. In April, the state-owned giant announced […]
Inside ADNOC’s oldest, biggest onshore field Murban Bab
The Murban Bab Oil Field, around 84 kms north west of Abu Dhabi, was where ADNOC struck first oil in the 1960s. The Murban Bab oil field is the biggest onshore oil field in Abu Dhabi and the oldest operating field in the UAE. “This is where it all began,” ADNOC says on the company […]
Exclusive: Aramco chief talks risk management
In an exclusive interview, Aramco’s VP and Chief Loss Prevention Engineer Ghassan Abulfaraj, discusses the company’s strategic approach to risk management Oil & Gas Middle East: What is Aramco’s approach to managing risk exposure? Abulfaraj: Aramco proactively assesses and manages all risks be it strategic, operational, compliance or financial using a systematic and detailed methodology […]
Navigating the changing energy landscape
Over the last 45 years, the energy industry has witnessed a seismic shift, shaped by developments in technology, geopolitics, and, more recently, sustainability. Dietsmann, a global leader in operational maintenance for the oil, gas, LNG, power, and mining industry, has not only navigated these tumultuous waves of change but has skillfully turned them into catalysts […]
ADNOC Logistics & Services shares skyrocket on market debut after record IPO
ADNOC Logistics & Services surged 58% above their listing price on its market debut on Thursday. ADNOC L&S climbed from its listing price of AED 2.01 to close as high as AED3.130, giving it a market capitalisation at the time of listing of about $4.05 billion. “The record-setting market debut of ADNOC L&S marks the […]
Uncovering the root causes: Addressing the challenges of enhancing workplace safety
In an exclusive interview, Captain Daniel Alcantara, Chief Solutions Delivery Officer at Magellan X, speaks about the importance of worker health and safety, and how digital frameworks using wearable technology can be deployed in the oil and gas and other industries. Oil & Gas Middle East: How can the stagnation of safety results be explained […]
Top 5 oil and gas contracts in the Middle East: May 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region. (Editor’s note: This list is not a ranking) 1. Aramco awards EPC contract for world’s largest offshore field Aramco has awarded an engineering, procurement, construction and installation (EPCI) contract for its $1 […]
UAE jobs: ADNOC to hire 5,000 private sector workers by 2027
ADNOC will partner with the Emirati Talent Competitiveness Council (ETCC) to create 5,000 jobs for UAE nationals in the private sector by 2027, the company announced at the Make it in the Emirates Forum on Thursday. The hiring will take place through ETCC’s Nafis programme and is aimed at employing UAE talent for skilled jobs, in the […]