The UAE’s fuel price committee announced on Friday decreased fuel rates by up to 52 fils per litre in January 2023. Super 98 will cost AED 2.78 per litre, down from AED 3.30 in December. Special 95 will cost AED 2.67 per litre, down from AED 3.18 in December. And E-plus 91 will cost […]
Author Archives: Faiza Rizvi
Posted inExploration & Production
Aramco’s giant Jafurah gas field: 5 things you need to know
The development of the Jafurah unconventional gas field is one of the most ambitious projects in Aramco’s history. Here are five facts you need to know: Related:
Posted inPeople
Saudi Aramco changes top leadership titles
Saudi oil giant Aramco has updated its senior leadership titles aligned with international best practice, reflecting the strategic roles and responsibilities of these positions, effective January 1, 2023. Under this, the title of senior vice president has been changed to executive vice president; the vice president to senior vice president and general manager to vice […]
Posted inNews
UAE holidays: 4-day weekend for public and private sectors
The UAE Cabinet released last month the approved holiday dates for public and private sectors in 2023. Holiday dates for Eid will see residents having a four-day weekend, followed by two other long breaks in 2023. Eid-al-Fitr 2023 will see a four-day weekend in the UAE, as the nation marks the beginning of the Islamic month Shawwal. Eid-al-Fitr also marks […]
Posted inPeople
‘Proudly made in the GCC’: Jindal Shadeed CEO on the $3 billion green steel project
Harssha Shetty, CEO of Jindal Shadeed, discusses how the $3 billion hydrogen – powered project supports Oman’s energy transition
Posted inNews
Technip Energies secures $265 million contract for Chevron-QatarEnergy JV project
Technip Energies has been awarded a major contract worth over $265 million by Chevron Phillips Chemical (CPChem) and QatarEnergy for its joint venture project, the Golden Triangle Polymers, along the Gulf Coast in Texas, US. The scope of work includes supply of proprietary cracking furnaces linked to the 2,000 kilo tonnes per annum (kta) ethane […]
Posted inNews
SABIC, OQ to launch major project in Oman
Saudi Arabia’s SABIC, Oman’s state energy company OQ and Kuwait Petroleum International have signed an agreement to develop a petrochemicals complex in the Duqm economic zone, state news agency ONA reported on Wednesday. The complex will consist of a steam cracker and derivative units, and a natural gas liquid (NGL) extraction facility. The special economic […]
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Top 5 oil and gas contracts in the Middle East: December 2022
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
Posted inNews
King Salman Energy Park awards $150 million contracts for workers village
Saudi Arabia’s King Salman Energy Park (SPARK) has reached an agreement with Affordable House Co, a subsidiary of Abdullah M. Bin Saedan & Sons Real Estate Group, to build a residential complex and workers village within the key industrial facility located in the Eastern Province. The development will incorporate sustainable construction technologies, smart systems and […]
Posted inExploration & Production
Indonesia awards offshore blocks to ramp up gas production
Indonesia has awarded two oil and gas exploration blocks to domestic firms as it seeks to increase gas production to meet growing energy demand, Reuters reported, citing the energy ministry’s director general of oil and gas. The Paus working area in offshore East Natuna, with an estimated 2.5 trillion cubic feet of gas, was awarded […]
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