TGT Diagnostics has signed an agreement to build a new technology hub in Abu Dhabi and said it will make a “significant investment” for a new state-of-the-art facility under an agreement with Khalifa Economic Zones Abu Dhabi KEZAD Group. The new UAE facility is a major investment for TGT as it moves to strengthen its […]
Author Archives: Faiza Rizvi
Posted inExploration & Production, Exploration
Nigeria awards million-dollar exploration contract for onshore project
Seismic acquisition technology and solutions provider STRYDE, has been awarded a contract worth over $1 million for the supply of 10,000 seismic receiver nodes and its “Nimble” node receiver system for an onshore oil and gas project in Nigeria. STRYDE’s seismic sensor technology will be utilised on an upcoming 3D seismic survey conducted by Nigerian […]
Posted inNews
Kuwait eyes plan to allow expat investment
A ministerial committee in Kuwait has put forward a proposal to the Cabinet suggesting that non-Kuwaitis be allowed to own investment residential properties, as reported by the Kuwait Times. The proposal seeks to revitalise the economy and draw capital to Kuwait by creating liquidity to release mortgages and “inject these amounts into the national economy.” […]
Posted inDownstream
Lebanon secures deals to get more Iraqi oil
Lebanon has secured deals for more fuel supplies from Iraq, the two countries said on Tuesday, as Beirut battles to produce more power to help it emerge from years of economic crisis, Reuters reported. Baghdad has agreed to increase the volume of heavy fuel oil supplied under an existing deal by 50% to 1.5 million […]
Posted inNews
QatarEnergy awards $10 billion EPC contract for LNG megaproject
QatarEnergy has announced the award of a $10 billion contract for the North Field South (NFS) project to a joint venture of Technip Energies and Consolidated Contractors Company (CCC). The NFS project comprises of two LNG mega trains with a combined capacity of 16 million tons per annum (mtpa). NFS, together with the North Field […]
Posted inNews
Middle East oil producers and cybersecurity: Too big to fail?
Once dominating global headlines, cyber-attacks on oil majors across the GCC became less common in recent years, but not because hacker attacks became less. An agile, diversified investment into cyber defence is key to keeping e-viruses and trojan horses out. The “Masque of the Red Death” by American writer Edgar Allan Poe describes the desperate […]
Posted inNews
Iraq set to launch $8.5 billion giant petrochemicals project
Iraq is set to launch the Nibras project in the coming days, according to the project’s manager, Hussein Ali. The project, a joint venture with Royal Dutch Shell, involves the construction of the largest petrochemical plant in the region at a cost of almost $8.5 billion, Zawya Projects reported. The petrochemical plant, based in Basra, […]
Posted inNews
Tanzania says LNG megaproject to cost $42 billion
Tanzania says the cost of developing its liquefied natural gas (LNG) project is $42 billion after the recent technical analysis, the East African reported. The country isn planning to sign the host government agreement next month and embark on the front-end engineering design of what will become the largest energy project in eastern and southern […]
Posted inNews, Energy Transition
Green hydrogen: The future is here
While the horrific COVID-19 catastrophe may be what many remember about 2020, it was also a historic year for global energy transition and the advancement of hydrogen technology. In connecting their pandemic response with longer-term aims, many governments announced efforts to utilize hydrogen as a vital energy source. Parallel to this, many nations, cities, and […]
Posted inNews
Every public holiday in GCC countries 2023
Public holidays in the UAE, Saudi Arabia and across the GCC are a mixture of religious observances and days of national celebration and recognition. The guide below shows the public holidays expected in the rest of 2023. It is intended as a guide only, exact dates and observances are subject to change depending on moon-sighting committees […]
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