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Aramco awards major offshore contracts in production expansion push

Saudi energy giant Aramco has awarded major offshore contracts amid aggressive investment push to scale up output. A pairing of Indian engineering giant Larsen & Toubro (L&T) and Oslo-listed Subsea 7 last month landed multiple EPC contracts from Saudi Aramco under the latter’s long-term agreement (LTA) framework to which a select group of international contractors […]

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Oman’s $7 billion Duqm refinery begins trial operations

Oman’s massive Duqm refinery, the most significant project in the refining and petrochemical industries sector, has started operations of the crude oil distillation unit, which indicates operational readiness for all the units of the refinery. The refinery has a capacity of 230,000 barrels per day, with its design based on a hydrocracking unit and a […]

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Saipem awarded $650 million offshore contracts

Saipem has been awarded three new offshore contracts and two FEED contracts worth approximately $650 million. The first contract has been awarded by Azule Energy for the Agogo Full Field Development project, a deepwater greenfield development, approximately 180 kms offshore Angola. The contract encompasses the EPCI of rigid Pipe-In-Pipe flowlines with associated subsea structures. The second […]

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Bahrain’s Tatweer Petroleum eyes EPC contractors for $200 million gas project

Bahrain’s Tatweer Petroleum is expected to award the EPC contract for its Bahrain Oil Field Associated Gas Compression Stations Project Phase 7 in the second quarter of 2023, according to Zawya Projects. The scope of work, according to Bahrain’s tender board, includes the design, procurement, fabrication, installation, testing, pre-commissioning, commissioning, and start-up of three compression […]

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Iraq’s Karbala refinery begins commercial operations

Karbala oil refinery, Iraq’s largest refining project in the past four decades, has started commercial operations. The Iraqi Prime Minister, Mohammed Shia Al-Sudani, confirmed that the Karbala oil refinery has a production capacity of 140,000 barrels per day and will provide 70% of Iraq’s needs for oil products, saving billions of dollars spent on imports. […]

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QatarEnergy continues offshore exploration bonanza with Shell agreement

Qatar’s state-owned energy giant QatarEnergy has entered into an agreement with Shell to acquire a 40% working interest in the C-10 block located offshore Mauritania. This agreement is one of the several offshore exploration deals that Qatar has signed over the past few months. The C-10 block covers an area of about 11,500 square kilometers and is located approximately 50 kilometersoff the coast of Mauritania in water depths of approximately 50 to 2,000 meters. According to the […]