ADNOC Onshore recently awarded multi-million EPC contracts for Bab and Asab oil field clusters to maintain and sustain crude oil production from the assets. The project, which aims at expanding ADNOC’s oil production capacity, was divided into 5 EPC packages, according to data from DMS Projects. EPC package awards Egypt-headquartered contractor Petrojet was awarded the contracts for […]
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Digitisation: Is resource efficiency the key to creating a circular economy
AspecTech’s Anahita Khanlari highlights the importance of digitisation and adopting new technologies to maximise resource efficiency in chemical manufacturing
Saudi Arabia, China discuss energy cooperation and bilateral relations
The discussion centred around aligning with the objectives of Saudi Arabia’s Vision 2030 and China’s Bel and Road Initiative
Kuwait’s HEISCO wins $133 million contract at JNGLF facility in Saudi
HEISCO’s contract duration with the Saudi facility is for a period of 28 months
Omani contractor Galfar wins $726 million contract from PDO
Leading Omani construction firm Galfar Engineering and Contracting has been awarded a multi-year contract worth $726 million covering the delivery of off-plot facilities for the Qarn Alam oil field. According to a report by Omani Observer, the contract was awarded following a competitive tender process by state-owned Petroleum Development of Oman (PDO), and Galfar was […]
Aramco awards $24.8 million contract to East Pipes
Saudi Aramco has awarded a contract to East Pipes Integrated Co for nearly $24.8 million, East Pipes said in its bourse disclosure. The eight-month deal covers the manufacturing and supplying of steel pipes to Aramco. East Pipes Integrated indicated that the agreement will reflect on its income statements during the fourth quarter (Q4) of fiscal […]
RAD Torque Systems launches world’s most powerful battery-powered torque wrench
RAD Torque Systems – a world leader in manufacturing industrial torque wrenches – has launched the first battery-powered torque wrench series capable of torquing up to 11,000 ft. lbs. The launch of the highly anticipated B-RAD X makes it the most powerful cordless torque wrench in the world. Fastening bolts in remote locations will now […]
ADNOC awards $162 million EPC contract to NPCC
National Petroleum Construction Co, a wholly-owned unit of National Marine Dredging Co (NMDC), was awarded a $162.31 million contract by ADNOC, Mubasher reported. The deal covers the engineering, procurement, and construction (EPC) works for installing seven jackets, according to a bourse filing. NPCC has grown from a small fabricator to an international EPC company with […]
Petrofac secures O&M contract extension
Petrofac has won a contract extension for operations and maintenance (O&M) for an FOSO on the Jasmine field offshore Thailand. The company has been working on the FPSO since 2011. The contract now runs until the end of 2028. Operator Valeura Energy said it had extended its charter of the FPSO in addition to the […]
Eid Al Adha 2023: Expected six-day weekend dates revealed
As Eid Al Adha nears, UAE residents can expect a long weekend, right before schools close for a two-month summer break. Residents can expect either a five- or six-day weekend, depending on the Moon sighting, which determines the beginning and ending of the Islamic Hijri calendar months. The designated holiday period for this festival is from the […]