The facility is expected to open by December 2024
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Emerson to provide automation technologies for Qatar’s $6 billion project
The project is QatarEnergy’s largest investment ever in the country’s petrochemical sector
Technip Energies secures contract for Aramco’s Riyadh refinery upgrade
The project will be executed locally, leveraging Saudi economic resources and infrastructure
Uganda to make final investment decision on $4 billion refinery
Uganda is expected to make a final investment decision for its oil and gas refinery project in June with plans to begin production by 2025, Zawya reported, citing Minister for Energy and Mineral Development Ruth Nankabirwa. Albertine Graben Refinery Consortium, which won the contract for the refinery, is currently performing environmental and social impact assessments. […]
SLB reports nearly $1 billion profit; double digit revenue growth in the Middle East
Oilfield services giant SLB, formerly Schlumberger, has reported strong quarterly profits with increase in revenue across all divisions and geographical areas, especially in the Middle East. The company reported net profits of $1.07 billion in the fourth quarter of 2022, up 77% from a net income of $601 million in the same period a year […]
TotalEnergies begins gas production in Oman’s gas block
Gas production is expected to reach 500 MMcfd by mid-2024
Oman’s Abraj Energy Services to list 49% shares on Muscat Stock Exchange
Oman’s drilling firm Abraj Energy Services has announced its intention to proceed with an IPO and listing on the Muscat Stock Exchange, which is expected to take place in March 2023, subject to receiving the required regulatory approvals from the Capital Market Authority of the Sultanate of Oman. The company’s planned listing will allow investors […]
Saipem confirms two offshore contracts worth $900 million
Italian EPC giant Saipem has been awarded two offshore contracts worth $900 million, the company announced on Friday. The first contract has been awarded by TotalEnergies, for the LAPA Southwest (LAPA SW) Development Project, a deepwater oil field in the Santos Basin offshore Brazil. The scope of work encompasses the Engineering, Procurement, Construction, and Installation […]
NPCC, Saipem secure $60 million pre-construction award from ADNOC
National Petroleum Construction Co (NPCC) and its joint venture partners Saipem and China Petroleum Engineering and Construction Corp have secured a $60 million contract for the pre-construction works related to the offshore facilities of the Hail and Ghasha gas development project. The contract covers the early project activities such as initial detailed engineering and procurement […]
ADNOC begins work on landmark carbon injection project
Once operational, the project will initially fully sequester a minimum of 18,000 tons per annum of CO2