Malaysia’s Ranhill Utilities has confirmed that its joint venture with global engineering major Worley has been awarded an engineering contract for work on giant offshore compression facilities for Qatar’s North Field Production Sustainability (NFPS) project. The contract worth approximately $50 million from a subsidiary of Italy’s Saipem includes engineering design work, which is expected to […]
Author Archives: Faiza Rizvi
Posted inNews
L&T secures major EPC contract for UAE substation
Indian construction and engineering giant Larsen & Toubro (L&T) announced on Tuesday that its construction division has secured engineering, procurement and construction (EPC) order from the UAE for grid infrastructure projects. The company said in a press statement that in the UAE, L&T Construction’s Power Transmission & Distribution (PT&D) business won an order to supply, […]
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Saudi Arabia’s Rabigh solar project begins operations
The photovoltaic power station project in Rabigh, Saudi Arabia has been successfully connected to the grid and officially entered the operation stage. This project is a critical part of the ‘Vision 2030’ formulated by the Saudi government, which includes vigorously developing new energy sources and promoting energy strategic transformation. After the project is connected to […]
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Oil and gas projects worth $185 billion set to be approved this year
According to new analysis from Wood Mackenzie, final investment decisions (FIDs) will be reached for upstream oil and gas projects worth $185 billion to develop 27 billion barrels of oil equivalent (boe). Furthermore, Wood Mackenzie expects national oil companies (NOCs) to control the largest investment opportunities this year, taking advantage of huge, discovered resources, while boasting […]
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Rockwell Automation to develop robotic fleet for TotalEnergies
Rockwell Automation announced that it is working with TotalEnergies to implement a robot fleet management system, driving autonomous operations for its offshore platforms. The long-running project will reach a significant milestone with its first test on an offshore asset scheduled for mid-2023. Autonomous operations have long been an aspiration for the oil and gas sector because of the […]
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Iraq to begin construction of three refineriesÂ
Iraq’s Ministry of Oil has initiated the tendering process for the construction of three refineries as Public-Private Partnership projects. The three projects are as follows: The price at which crude oil will be supplied to the refinery investor will be based on the international prices for one barrel of crude oil delivered in port of […]
Posted inExploration & Production
Oman eyes significant production increase from offshore Block 50
Operator of offshore Block 50 Masirah Oil Ltd says it is pressing ahead with a strategy to ramp up output from the field during 2023. Block 50, covering an area of approximately 17,000 sq km, located in Oman’s Gulf of Masirah, is 100 per cent owned by Masirah Oil Limited. Buoying hopes for an uptick […]
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‘Another milestone’: Saudi Arabia ships low-carbon ammonia to Japan
A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. This initiative is part of broader efforts by Aramco and Saudi Basic Industries Corp. Agri-Nutrients to establish a global supply network for this lower-carbon fuel. Olivier Thorel, Aramco SVP of Chemicals, said: “This is another milestone that highlights the […]
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Aramco awards contract for Zuluf development program
Aramco has awarded a $4.4 million contract to Synectics PLC to supply specialist camera stations for the Zuluf development program. The security and surveillance systems company said that the systems are expected to be delivered by the end of its financial year on Nov. 30. “Activity levels in the oil and gas market are now […]
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Gulf Energy lands $100 million contract extensions in Oman
Gulf Energy, an affiliate of National Energy Services Reunited (NESR), has secured multiple contract extensions worth $100 million from several clients, NESR said in a statement. The new contracts range in duration for different clients and reflect the strong mutual trust with the client base in an improving oilfield services landscape, NESR said. Gulf Energy […]
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