These projects involving over $40 billion investments are likely to give a boost to the region’s refining and petrochemicals industry
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Iraq, GCCIA inaugurate landmark grid interconnection project
The Gulf Cooperation Council Interconnection Authority (GCCIA) has embarked on the implementation of a new super grid project, connecting the GCC with the southern region of Iraq, according to a press statement. The interconnection project, slated for completion by late 2024, marks the first-ever expansion beyond the electrical grid system of the GCC countries. The […]
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Inside Oman’s $7 billion Duqm refinery and petrochemicals project
Oman’s massive Duqm refinery project is spread over a 9km square-site in Duqm, on the Arabian Sea coast in the Al Wusta Governorate of Oman, Â approximately 600 km south of the capital city Muscat. The project is operated by Oman’s OQ and will primarily produce diesel, jet fuel, naphtha and LPG. Its feedstock will comprise […]
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Shell awards contract to Worley for major global projects
Shell has awarded Worley an enterprise framework agreement (EFA) to support Shell’s projects worldwide. Worley announced in a statement that the EFA will be effective for three years, with options for two additional one-year extensions. The agreement encompasses a wide range of services, including engineering, procurement, and integrated project management, for all of Shell’s businesses. […]
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Every public holiday in GCC countries 2023
Public holidays in the UAE, Saudi Arabia and across the GCC are a mixture of religious observances and days of national celebration and recognition. The guide below shows the public holidays expected in the rest of 2023. It is intended as a guide only, exact dates and observances are subject to change depending on moon-sighting committees […]
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Schneider Electric appoints Hady Stephan as VP of Gulf region’s power systems
Schneider Electric has appointed Hady Stephan as the Vice President of Power Systems for the Gulf region. Stephan’s mandate will be to drive growth in key countries in the Middle East and Africa, including the United Arab Emirates, Qatar, Bahrain, Kuwait, and Oman, according to a press release. As the head of Schneider Electric’s Power […]
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Italian company wins $439 million contracts for Aramco’s Zuluf development
Italian company Fisia Italimpianti has announced winning two contracts worth $439 million for the construction and management of a water treatment plant for Aramco’s giant Zuluf development program. The contracts mark Fisia Italimpianti’s entry into the oil and gas industry and return to the operation and maintenance segment of the water sector. The first contract, […]
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Top 5 oil and gas contracts in the Middle East: April 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
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Middle East’s largest oil and gas discoveries: Everything you need to know
Contrary to popular belief, the first oil well in the Middle East was not discovered in Saudi Arabia. That came later. Oil was first discovered in Persia, now known as Iran, thanks to William Knox D’Arcy, a British national, who had got a 60-year concession from the Iranian government. D’Arcy funded the operation, which started in 1903, […]
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Revealed: Top 5 oil and gas contracts in March 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region