Diplomat lauds potential oil & gas production, seeks federal support
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Posted inNews
Yemen crude drought may prompt military action
Government threat to tribal leaders if export pipeline not repaired
Posted inProducts & Services
Mubadala E&P firm to start Ruby field development
Development phase to cost $500 million,
Posted inPower List
Petrofac
EPC colossus continues regional domination after scooping big ticket Middle East contracts and a $3.4 billion mega-deal in Turkmenistan Last year’s table-toppers Petrofac stay at number one in this year’s Oil & Gas Middle East Top 25 EPC Contractors Special Report on the back of $6 billion of new orders in 2010 in its Engineering & Construction […]
Posted inPower List
Saipem
Saipem raked in $5 billion worth of KSA project work in 2010, as well as winning key partner status in the Shah Field Development in Abu Dhbai 40 000-strong remote and deepwater specialist Saipem had another excellent year in key Middle East markets. In March this year the firm was awarded new E&C Offshore contracts worth […]
Posted inPower List
Mott MacDonald
Global contractor eyes Iraq expansion Mott MacDonald have had a great year in 2010, netting upstream energy contracts with a total capital cost of $8.8 billion. The 14,000-strong global firm has built on a strong presence in the UAE with expansion into Iraq and the wider Middle East. Mott MacDonald’s regional strength continues, with projects […]
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Hyundai Engineering & Construction
Another record year for South Korean firm After a stint in bankruptcy and seven years in a debt rehabilitation program, the company has bounced back and emerged as one of South Korea’s largest construction and civil engineering companies. After a record year for sales (9,278.6 billion KRW, $8.5 billion, up 27.6%) and net earnings (455.8 billion […]
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Al Jaber Energy Services
Early works gig keeps on giving for UAE firm Al Jaber stays in our top 25 as a result of their successful conversion of a massive Early Works Package (EWP) for Gasco into a $614 million EPC contract for a new greenfield Ruwais Sulphur Handling Terminal-2 plant located in the Ruwais industrial area approximately 165 km west […]
Posted inLists, Power List
Global Industries
New pipelaying vessel leads to contracts Global Industries is a provider of offshore construction, engineering, project management and support services including pipeline construction, platform installation and removal, deepwater/SURF installations, IRM, and diving to the oil and gas industry worldwide. In October the firm’s wholly owned subsidiary, Global Offshore International, won a contract from Dubai Petroleum Establishment (DPE) to […]
