ADNOC Drilling has almost doubled its offshore jack-up rig fleet to 32 since early 2021
Author Archives: Faiza Rizvi
Saudi Arabia to launch 800 industrial projects next year
The projects will have a combined value of more than $266 billion
UAE President unveils $1 billion Khalifa Port expansion
President of the UAE HH Sheikh Mohamed Bin Zayed Al Nahyan inaugurated the $ 1 billion (AED 4 billion) Khalifa Port expansion project on Tuesday. The President called it a “qualitative” national project, which will enhance the UAE’s position in the global trade movement. This ambitious project includes 21 berths and provides customized services to […]
Oil prices fall to $80 per barrel on ‘surprise build’ in US crude stocks
Brent crude futures dropped 38 cents, or 0.5%, at $80.30 per barrel.
Algeria’s Sonatrach begins production from Tinrhert field
The field will produce 500 tons of liquefied natural gas and 800 tons of condensate per day
FedEx begins electric vehicle trials in UAE
The trial represents the debut of zero-tailpipe emissions vehicles for FedEx in the MENA region
India’s Tata Projects to step up EPC solutions for green hydrogen
Engineering company Tata Projects is stepping up its focus on the green hydrogen market, as the need for clean energy sources gathers pace in the country, Vinayak Pai, managing director of Tata Projects told Business Standard. Pai said that the company was building capabilities to provide engineering, procurement and construction (EPC) solutions for green hydrogen plants. Tata group is planning to venture […]
Saudi Aramco reportedly talking to investors for $110 billion Jafurah gas project
According to Bloomberg, Aramco is seeking equity investors to fund the development of midstream and downstream projects at Jafurah
TotalEnergies to start drilling offshore Lebanon next year
TotalEnergies will begin drilling its new Lebanon Block 9 offshore gas project from next year following a framework agreement wit Israel alongside partner Eni, which was signed last month. “Pre-orders have also been placed with suppliers for equipment required,” the company said on Monday. In Lebanon, TotalEnergies is the operator of exploration Block 9 and holds […]
Petrofac secures EPC contract from ADNOC
This award follows the September 2022 announcement that Petrofac will continue to support ADNOC’s operations at the Haliba oil field