The recent surge in the oil price is an opportunity for National Oil Companies (NOCs) in the Middle East to reinforce their commitment to transformation. For the moment, profits are plentiful and providing ample funding to their host governments’ budgets. However, the long term pressure on the oil price remains significant and there are no […]
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Saudi oil giant Aramco announces partnership with ICC Cricket Council
The partnership aims to connect Aramco with a global audience of more than one billion cricket fans
QatarEnergy to acquire solar energy provider to accelerate renewables growth
This acquisition brings QatarEnergy’s total solar power capacity to 1,675 megawatts
ADNOC Drilling awarded nearly $1 billion contract to ramp up offshore production
This award brings the total value of awards from ADNOC Offshore to ADNOC Drilling in 2022 to $5.95 billion
5 ways the supply chain will be impacted due to oil prices
From an average customer’s viewpoint, increase in oil prices mean more expensive fuel costs and expected inflation concerning consumer products. However, volatility in oil prices affects different segments of the industry, especially sectors that rely on oil, based on interdependencies, such as logistics, the F&B industry and consumer goods, among others. However, oil prices have […]
Top 25 EPC Contractors 2022
Revealing the top 25 EPC players in the Middle East region
Top 25 EPC Contractors 2022
Revealing the top 25 EPC players in the Middle East region
Top 5 oil and gas contracts in the Middle East: September 2022
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
Petrofac secures field maintenance contract extension with ADNOC
Under the agreement, Petrofac will continue to support operations at the Haliba oil field
Saudi National Day: How high energy prices led Saudi Arabia to become the world’s fastest growing economy
On the occasion of Saudi Arabia’s 92nd National Day, we take a look at how the Kingdom is reaping the rewards of high global energy prices with a strong focus on increased energy production