As part of the deal, Aramco aims to build Zoom’s first global data center in the Kingdom
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NNPC signs $741 million refinery deal with Daewoo
According to the deal, the South Korean firm will restore Kaduna plant to 60% capacity
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ADNOC signs $4.63 billion deals with 23 companies
Abu Dhabi‘s state-owned energy giant ADNOC has signed new deals worth $4.63 billion with 23 companies to manufacture locally a wide range of critical industrial products. The products that will be produced locally include pipes and fittings, valves, bends and cladded pipes, industrial pumps, batteries, pipes and fittings, among many others. Proclad, Tri Star […]
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Oman signs major gas supply deal with Turkey
Oman LNG has signed a long-term agreement with Turkey’s BOTAS Petroleum Pipeline Corporation to supply 1 million metric tonnes (MMmt) of LNG annually for ten years. According to the agreement signed with BOTAS, Oman LNG will start supplying gas to Turkey in 2025. The agreement helps strengthen its partnerships with international firms in the energy […]
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TotalEnergies wants offshore Lebanon work to begin ‘as soon as possible’
TotalEnergies is keen to begin work on Lebanon’s offshore Block 9 “as soon as possible”, with assessments to begin early next month and well-drilling to launch in Q3 2023, Reuters reported, citing the French major’s CEO Patrick Pouyanne. Pouyanne said a vessel would arrive in Lebanese waters on Feb. 6 to carry out an environmental […]
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Eni launches $8 billion gas project in Libya
Eni and National Oil Corporation of Libya (NOC) have launched the development of Structures A&E, an $8 billion project aimed at increasing gas production to supply the Libyan domestic market as well as to ensure export to Europe. Structures A&E is the first major project in the country since the early 2000. It consists of […]
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QatarEnergy to join Eni, TotalEnergies in Lebanon offshore exploration
“This will be a major positive development,” Lebanon’s energy minister said.
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Qatar to buy stake in TotalEnergies’ $27 billion projects
QatarEnergy is reportedly in talks to buy a stake from French multi-energy company TotalEnergies’ $27 billion cluster of energy projects in Iraq, Reuters reported, citing sources. “QatarEnergy is looking to acquire a stake of around 30% in the project, one source said,” Reuters noted. An investment from Qatar is expected to contribute an important victory […]
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GDA Conference and Exhibition returns to Bahrain for second edition
Held under the patronage of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and the Prime Minister of the Kingdom of Bahrain, the second edition of the GDA International Downstream Conference & Exhibition, the leading Middle East strategic forum for downstream professionals, will take place from 13-15 February 2023 at Exhibition World Bahrain. Over three […]
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Aramco, IMI Saudi Industry sign agreement for Dammam facility
Aramco and IMI Saudi Industry have signed a two-year agreement for IMI Saudi Industry’s manufacturing facility that opened in Dammam last year. The 5,000m2 site manufactures butterfly valves and ball valves of various sizes and pressure ratings suitable for the oil and gas, petrochemical, power, water, and hydrogen markets. By the end of 2023, the […]