Egypt-headquartered EPC contractor Petrojet has signed an agreement with DNV, a global independent energy expert, to support green hydrogen projects in Egypt. The deal aims to scope areas in which DNV can support Petrojet with its technical expertise in design verification and project assurance, as Petrojet is seeking a leading role as a green hydrogen […]
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L&T wins major offshore contracts in the Middle East
Indian contractor L&T announced in a statement that it has secured multiple offshore EPCI contracts from a ‘prestigious overseas client.’ According to a report by Upstream, the contracts have been awarded by Saudi Aramco to a consortium of Subsea 7 and L&T under the Aramco’s long-term agreement (LTA) framework to which a select group of […]
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Aramco, DHL to build procurement and logistics hub for the energy sector
Saudi Aramco announced on Monday a new end-to-end procurement and logistics hub joint venture with logistics firm DHL Supply Chain. The new venture, which is expected to be operational in 2025, aims to provide top-notch integrated procurement and logistics services to further enhance supply chain efficiency as well as sustainability in the region, Aramco noted in a press release.   The JV, which the […]
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Kuwait Oil Company declares ‘state of emergency’ after oil spill
Kuwait Oil Company declared a “state of emergency” on Monday following an oil spill on land although no injuries or disruption to production was reported. The emergency followed an “oil leak in the west of the country”, the state-owned company said in a statement, after a video posted by Kuwaiti media showed a gushing pipe […]
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Saudi Aramco, Almar Water Solutions partner for Zuluf Water Project
Saudi Aramco has partnered with Almar Water Solutions, water infrastructure and services company and Al Jomaih Energy and Water Co (AEW) to develop a water project which consists of a water treatment plant with a 185,000 m3/day capacity of water injection for the Zuluf mega-project. The contract was signed last December, while the financial closing materialised by […]
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Empowering women remains ‘key element’ in SABIC strategy
Saudi Basic Industries Corporation, known as SABIC, emphasized renewed focus on empowering women and ensuring equal career opportunities for all, as part of the company’s growth strategy and ambition to be the preferred employer globally. SABIC’s initiatives include SHE, the company’s women’s network, where participants exchange ideas and experiences, identifying opportunities in line with the […]
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Iraq, TotalEnergies to finalise $27 billion deal soon, says oil minister
French oil major TotalEnergies and Iraq will soon finalise a long-delayed $27 billion energy deal and talks “have reached advanced stages”, Reuters reported, citing Iraqi oil minister Hayan Abdel-Ghani. “We will activate the deal very soon,” Abdel-Ghani said at an energy event. The proposed deal, which Baghdad hopes will revive foreign investment in the country, […]
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