A joint declaration was signed between the two governments to enhance cooperation in energy through a strategic energy partnership
Author Archives: Faiza Rizvi
OQ inaugurates $463 million ammonia plant in Salalah
The plant has a production capacity of 1,000 metric tonnes per day of liquid ammonia
Eni announces ‘significant’ discovery offshore Egypt
Eni announced today a significant new gas discovery at the Nargis-1 exploration well in the Eastern Mediterranean Sea offshore Egypt. The discovery can be developed leveraging the proximity to Eni’s existing facilities, the Italian major said in a press release. Nargis-1 confirms the validity of Eni’s focus on Egypt Offshore, which the company will further […]
Saudi Arabia signs $11.4 billion industrial project contracts in Yanbu and Jubail
Saudi Arabia’s Royal Commission for Jubail and Yanbu has signed five agreements worth more than $11.4 billion for the establishment of key industrial projects in the Saudi cities of Ras Al Khair and Yanbu. The deals were signed on the sidelines of the International Mining Conference held at the King Abdulaziz International Conference Center in […]
Siemens Energy to develop megaprojects in Iraq
Siemens Energy plans to further expand its cooperation with Iraq by developing projects with a capacity of over 6 gigawatts in the next five years, a company spokesperson said on Friday. Among other things, this will involve the construction of conventional power plants as well as developing renewable energies and stabilising the power network, the […]
Investment in low-carbon projects to hit $620 billion this year
Hydrogen and CCUS are expected to see the most significant annual increase in investment
Eni, Snam finalise $438 million pipeline deal
Italian energy infrastructure company Snam earlier this week closed the acquisition of a 49.9% of the equity interest directly and indirectly held by Eni in the companies operating two groups of international gas pipelines connecting Algeria to Italy. The scope of the transaction includes the onshore gas pipelines running from the Algeria and Tunisia borders to […]
Petrofac appoints Sameh Serour as Qatar’s country manager
Serour has a solid leadership track record in the energy sector, with a varied background in management roles
Iraq to launch bids for five new oil refineries
Iraq is planning to invite bids for five new oil refineries to rehabilitate its hydrocarbon industry and other sectors, the country’s Oil Minister Hayan Abdel Ghani said in remarks published on Thursday. Ghani said the new refineries would add more than 500,000 barrels per day (bpd) to Iraq’s refining capacity, which will support its bid […]
UAE appoints ADNOC CEO as COP28 president
Dr Sultan Al Jaber, the UAE’s Special Envoy for Climate Change and CEO of ADNOC, has been named the President-Designate for the UN climate change conference COP28 to be held later this year in Dubai. Al Jaber, who is also the UAE’s minister of industry and technology, will help develop the COP28 agenda and play […]