Saudi Basic Industries Corp (SABIC) has reported solid performance for the first quarter despite current market uncertainties, with its revenue surging to hit $10.6 billion. During the first quarter, SABIC announced several strategic agreements and developments that helped in continuing the company’s progression towards being the preferred world leader in chemicals. Last month, SABIC Agri-Nutrients […]
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To gas or not to gas: The role of gas power in the changing energy landscape
The debate on renewable energy versus gas power generation is one that’s not going away anytime soon, and for good reasons. As the world becomes increasingly aware of the impact of climate change, the energy sector has been forced to rethink its strategies. The pressure to reduce greenhouse gas emissions has resulted in a shift […]
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Top 5 oil and gas contracts in the Middle East: April 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
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How will ChatGPT impact oil and gas projects?
Engineers and designers are building AI-models like ChatGPT to help create virtual worlds in the metaverse to run simulations and increase productivity and efficiency metrics
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Kuwait jobs: Expats needed to fill ‘labour shortage’
Kuwait’s First Deputy Prime Minister and Interior Minister, Sheikh Talal Al-Khaled Al-Sabah, has instructed authorities to take measures to open recruitment of expat workers from new countries, according to a report by Kuwait Times. The workers must be from countries other than those with large communities in Kuwait, to address labor shortages in certain fields and diversify labour […]
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Saipem consortium wins FEED contract for TotalEnergies’ LNG project
A consortium of Saipem, Daewoo Engineering & Construction and Tripatra Engineers and Constructors has secured the front-end engineering and design (FEED) contract for the upstream facilities of TotalEnergies’ Papua LNG project. Indonesian contractor Tripatra said the contract covers phase two of the FEED work including for the central processing facility and well pads for the […]
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Abu Dhabi’s $5 billion Ruwais derivatives complex: Everything you need to know
The Ruwais derivatives complex is being operated by TA’ZIZ, ADNOC’s 60:40 joint venture (JV) with Abu Dhabi’s industrial holding company ADQ. Comprising of three zones, phase one of the project involves constructing production plants to manufacture a number of chemicals at global scale, with opportunities for additional investors and partners to participate. Operations are expected to begin […]
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