Aramco has signed a letter of intent with Renault and Geely to become a potential minority stakeholder in a new powertrain technology company, Aramco announced today. The new company will be dedicated to internal combustion and hybrid powertrain technologies. Aramco’s investment would support the growth of the company, and contribute to key research and development […]
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du’s Jasim Al Awadi to share expertise at UAE Digital Twins Conference
Oil & Gas Middle East, ITP.net, and Construction Week Middle East are pleased to announce that Jasim Al Awadi, Chief ICT Officer (Acting) at du, has been confirmed as a speaker for the UAE Digital Twins Conference 2023. The conference, which will take place on 13 March 2023 at the Grosvenor House, Dubai, will explore […]
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Saipem secures $400 million contract offshore Ivory Coast
Saipem has announced today that it has been awarded by the joint venture of Eni Côte d’Ivoire Ltd and Petroci a drilling contract worth $400 million offshore the Ivory Coast. This value is to be considered gross of the leasing costs of the deep value driller vessel that will be used for the operations, Saipem […]
NPCC joins Oil & Gas Middle East Awards as gold sponsor
National Petroleum Construction Co (NPCC) has partnered with Oil & Gas Middle East as the gold sponsor for the Oil & Gas Middle East Awards 2023, which are set to take place on March 2 at Grosvenor House, Dubai. The 13th installment of the event will gather executives from the upstream and downstream sectors in the Middle […]
Subsea7 wins ‘large’ contract for offshore Angola project
London-headquartered Subsea 7, a subsea engineering, construction and services company, announced on Monday that it secured a large contract from an independent oil and gas producer Azule Energy for the Agogo Integrated West Hub Development Project, offshore Angola. Â Subsea7 defines a large contract as being between $300 million and $500 million, the company said. […]
Aramco’s refining unit awards $148 million EPC contract for Yanbu Growth II Expansion project
Saudi Aramco Base Oil Co (Luberef) has awarded a $148.55 million engineering, procurement and construction (EPC) contract to Egypt’s Petrojet for Yanbu growth II expansion project. The project will expand the Yanbu facility’s base oils (Group II and Group III) production capacity to 1.3 million Metric Tonnes (MT) per annum by 2025, the company said […]
Oman’s Abraj Energy signs drilling deal with Chevron, Kuwait Gulf Oil Company
Abraj Energy Services said on Saturday it had signed a five-year ‘strategic partnership deal’ with Kuwait Gulf Oil Co and Saudi Arabian Chevron to extract and drill for oil in Kuwait. Global oil giant Chevron is a major player in Saudi Arabia’s energy market having a continuous upstream presence in the kingdom for more than […]