The UAE and Qatar have announced the re-establishment of diplomatic representation, the two Gulf nations’ foreign ministers said on Monday. Embassies and consulates will resume work as of Monday, June 19. The UAE embassy in Doha, Qatar’s embassy in Abu Dhabi and consulate in Dubai will reopen. “The two sides affirm that this step represents […]
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Top 5 ongoing refinery projects in the Gulf region
These projects involving over $40 billion investments are likely to give a boost to the region’s refining and petrochemicals industry
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Saudi Arabia’s PIF launches $3 billion unit to drive investment in Iraq
A new company has been carved out of Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), to target multi-billion investments across industries in Iraq. With a staggering capital of $3bn, the newly formed Saudi-Iraqi Investment Company is part of PIF’s ambitious strategy to expand its investments in the Middle East and North Africa. […]
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Every public holiday in GCC countries 2023
Public holidays in the UAE, Saudi Arabia and across the GCC are a mixture of religious observances and days of national celebration and recognition. The guide below shows the public holidays expected in the rest of 2023. It is intended as a guide only, exact dates and observances are subject to change depending on moon-sighting committees […]
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Schneider Electric appoints Hady Stephan as VP of Gulf region’s power systems
Schneider Electric has appointed Hady Stephan as the Vice President of Power Systems for the Gulf region. Stephan’s mandate will be to drive growth in key countries in the Middle East and Africa, including the United Arab Emirates, Qatar, Bahrain, Kuwait, and Oman, according to a press release. As the head of Schneider Electric’s Power […]
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Italian company wins $439 million contracts for Aramco’s Zuluf development
Italian company Fisia Italimpianti has announced winning two contracts worth $439 million for the construction and management of a water treatment plant for Aramco’s giant Zuluf development program. The contracts mark Fisia Italimpianti’s entry into the oil and gas industry and return to the operation and maintenance segment of the water sector. The first contract, […]
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Middle East’s largest oil and gas discoveries: Everything you need to know
Contrary to popular belief, the first oil well in the Middle East was not discovered in Saudi Arabia. That came later. Oil was first discovered in Persia, now known as Iran, thanks to William Knox D’Arcy, a British national, who had got a 60-year concession from the Iranian government. D’Arcy funded the operation, which started in 1903, […]
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Technip Energies COO reveals major projects, trends in the Middle East
In an exclusive interview with Oil & Gas Middle East, Marco Villa, COO of Technip Energies, discusses the company’s key projects, role of technology to address decarbonisation, and the need for collaboration to accelerate the energy transition. What are Technip Energies’ ongoing projects and what’s in the pipeline? We have a long-standing presence in the […]
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Multi-billion oil and gas projects to create significant jobs in the Middle East
Strong outlook ahead for Middle East oil and gas jobs, according to a recruitment expert.
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SABIC executives on striving for a sustainable future in petrochem
SABIC hosted the 2022 edition of the GPCA Forum in Riyadh, Saudi Arabia, under the theme of ‘Chemistry in Action, Shaping a Sustainable Future’, to showcase its efforts to become a global leader in the circular economy