A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. This initiative is part of broader efforts by Aramco and Saudi Basic Industries Corp. Agri-Nutrients to establish a global supply network for this lower-carbon fuel. Olivier Thorel, Aramco SVP of Chemicals, said: “This is another milestone that highlights the […]
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Aramco awards contract for Zuluf development program
Aramco has awarded a $4.4 million contract to Synectics PLC to supply specialist camera stations for the Zuluf development program. The security and surveillance systems company said that the systems are expected to be delivered by the end of its financial year on Nov. 30. “Activity levels in the oil and gas market are now […]
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Gulf Energy lands $100 million contract extensions in Oman
Gulf Energy, an affiliate of National Energy Services Reunited (NESR), has secured multiple contract extensions worth $100 million from several clients, NESR said in a statement. The new contracts range in duration for different clients and reflect the strong mutual trust with the client base in an improving oilfield services landscape, NESR said. Gulf Energy […]
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Saipem secures two-year extension for Eni’s $280 million drillship contract
Saipem has been awarded a two-year contract extension by Eni for the use of the Santorini drillship. The contract extension, which will give continuity to the ongoing activity, will come into force starting from August 2023 and is worth approximately $280 million. The deal also includes income linked to investments for improvements to the drillship […]
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Fugro lands contract for major field development program in Abu Dhabi
European geo-data specialist Fugro has been awarded a contract for site characterisation services for one of the largest long-term field development programmes in Abu Dhabi. Starting this month, Fugro will perform a series of offshore surveys including geophysical, geotechnical and remotely operated vehicle (ROV) inspections supported by advanced engineering and geoconsulting studies to help inform […]
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Kuwait to cancel 10,000 expat work permits after Eid: Report
Kuwait’s Public Authority for Manpower (PAM) plans to cancel more than 10,000 work permits that are registered with the authority and are not valid, Arabian Business reported, citing sources with knowledge of the matter,. After verifying the validity of the data, the PAM has initiated legal procedures for work permit cancellation with the interior. The […]
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QatarEnergy, Namibia team up to ‘strengthen cooperation’ in energy
QatarEnergy has signed an agreement with the Ministry of Mines and Energy of the Republic of Namibia to strengthen cooperation in the energy sector. The agreement was signed by HE Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, president and CEO of QatarEnergy, and HE Tom Alweendo, Minister of Mines & Energy of […]
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Sparrows Group secures first-ever engineering and maintenance contract in Kuwait
Sparrows Group (Sparrows), the engineering and maintenance services specialist for the global energy and industrial sectors, has been awarded work in Kuwait for the first time. The two scopes cover maintenance and provision of certificates of conformance for onshore rigs across sites for two clients. Sparrows will be responsible for servicing a range of critical […]
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Qatar declares 11-day holiday for Eid
Qatar has declared a 11-day holiday for Eid Al Fitr, according to the Amiri Diwan. Eid Al Fitr holidays in Qatar will begin on April 19, in line with 28 Ramadan 1444 AH, and will continue until April 27, as reported by Arabian Business. All employees will return to work on Sunday, April 30, 2023. The […]
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Saudi prince transfers $80 billion Aramco stake to key subsidiary
Saudi Arabia’s sovereign wealth fund PIF (Public Investment Fund) has transferred 4% of its issued shares in state oil giant Aramco—valued at around $80 billion—to one of its key subsidiaries, Sanabil Investments. HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Prince and Prime Minister and PIF Chairman, said the transfer of part […]