In 2006, Saudi Arabia made ambitious plans to build a new industrial city in Jazan, in the far south-west of the Kingdom. The main aim of this initiative, the Jazan Economic City Project, was to expand the economic development of the region. At the heart of the project is Aramco’s fully integrated Jazan Refinery and […]
News
Posted inNews
Iraq acquires stake in TotalEnergies’ $27 billion project
Iraq has agreed to a smaller 30% stake in TotalEnergies long-delayed $27 billion project, reviving a deal that Baghdad hopes could revive foreign investment into the battered economy, Reuters reported. The deal was signed in 2021 for TotalEnergies to build four oil, gas and renewables projects with an initial investment of $10 billion in southern […]
Subscribe to Oil & Gas Middle East Newsletter
Subscribe to receive the latest tech news & views in Middle East & Africa
Posted inNews
SCA Future Projects Forum to showcase over SAR1 trillion in project value
The Saudi Contractors Authority(SCA) will be hosting its annual Future Projects Forum (FPF) on May 22-23 in Riyadh at the Four Seasons Hotel. This forum is a major event for the contracting industry in Saudi Arabia as it serves as a platform for the announcement of major government and private sector projects, as well as a […]
Posted inNews
UAE issues travel warnings amid deadly Marburg virus
The UAE has warned its citizens and residents against traveling to Equatorial Guinea and Tanzania due to outbreaks of the Marburg virus. In a statement, the country’s Ministry of Foreign Affairs and International Cooperation urged citizens to postpone their trips to the two African countries. It also called on citizens living in Equatorial Guinea and Tanzania or […]
Posted inNews
Aramco awards major offshore contracts in production expansion push
Saudi energy giant Aramco has awarded major offshore contracts amid aggressive investment push to scale up output. A pairing of Indian engineering giant Larsen & Toubro (L&T) and Oslo-listed Subsea 7 last month landed multiple EPC contracts from Saudi Aramco under the latter’s long-term agreement (LTA) framework to which a select group of international contractors […]
Posted inNews
UAE Eid Al-Fitr to start on April 21, astronomy group says
The first day of Eid Al-Fitr is likely to be on Friday, April 21, 2023. “Most likely, Ramadan this year will be for 29 days. Eid Al-Fitr and the first of Shawwal will be on Friday April 21,” said Ibrahim Al Jarwan, chairman of the Emirates Astronomical Society, The National reported. The actual dates are to be announced […]
Posted inNews
QatarEnergy announces major contract for world’s largest natural gas field
QatarEnergy has awarded a major contract to energy technology company Baker Hughes for the North Field, which is the world’s single largest non-associated natural gas field. Baker Hughes will supply two main refrigerant compressors (MRCs) for the North Field South (NFS) project, which will be executed by Qatargas. The MRCs are part of two LNG […]
Load more