The three newly-awarded contracts will be executed at Petrofac’s Muscat office
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Dubai-based Viking wins $7 million contracts from Middle East operators
Viking’s managing director noted that the potential for securing additional contracts in the near future is high
Qatar, ConocoPhillips sign agreement to supply LNG to Germany
The LNG volumes will be sourced from the two joint ventures between QatarEnergy and ConocoPhillips
ADNOC to set up gas subsidiary; approves $150 billion budget
Abu Dhabi’s state-owned energy giant ADNOC has approved a $150 billion budget for the next five years as the company prepares to set up its gas subsidiary and list its shares on the Abu Dhabi Securities Exchange (ADX) next year. The new gas processing and marketing company will be called ADNOC Gas, and will begin […]
Saudi Arabia to build world’s largest airport powered by renewable energy
Saudi Arabia is set to build one of the world’s largest airports that will be powered by renewable energy, according to Crown Prince Mohammed bin Salman bin Abdulaziz. The King Salman International Airport, located in Riyadh is expected to contribute $7.18 billion annually to Saudi Arabia’s non-oil gross domestic product. With sustainability at its core, […]
Saudi Aramco unit proceeds with $1 billion IPO
Luberef is planning to sell 50 million shares, or a nearly 30% stake, according to a statement from Aramco
Saudi Arabia could host World Cup 2030 in diversification push
Saudi Arabia is seeing its fastest economic growth in a decade thanks to elevated oil prices
Aramco, SABIC eye major crude-to-chemicals project in Saudi Arabia
With a capacity of 400,000 barrels of crude per day, the project will be established in Ras Al-Khair
L&T secures contract for one of the largest clean energy projects
Upon completion, the hydro storage plant will be one of the largest clean energy projects of its kind in India
Eni eyes more projects offshore Mozambique after Coral-Sul FLNG inauguration
Coral South is a landmark project that is projecting Mozambique onto the global LNG stage