Generating public sector job and hosting the COP 28 climate summit next year were highlighted as major goals of the vision
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Saudi Aramco signs $11 billion deals to strengthen supply chain
The deals are expected to create 5,000 jobs for Saudis
Petrofac CEO to step down; McDermott’s Tareq Kawash appointed as successor
Tareq Kawash, who currently serves as SVP of McDermott, has been appointed as the new CEO
FEED contract signed for Nigeria’s $5 billion LNG facility
The African country aims to develop, exploit and monetise its proven gas resources
Saudi Aramco leads rig contract activity, report shows
During the past month, ten multi-year jackup contracts were signed, with Saudi oil giant Aramco continuing to drive the majority of the contracts, according to Evercore ISI’s latest Offshore Rig Market Snapshot. PEMEX and Saudi Aramco secured five jackups each for a total of 15 and 25 years respectively during the past month. Meanwhile, Saudi […]
National Day holidays: UAE announces 4-day holidays for private sector
The Ministry of Human Resources and Emiratisation (MoHRE) has officially announced the UAE National Day and Commemoration Day 2022 holiday for the private sector. The break will be from Thursday, December 1, to Saturday, December 3. “The three-day official paid holiday is in implementation of the UAE Cabinet resolution on public holidays for the public and private sectors […]
Exclusive: Saipem to continue bidding for engineering and construction projects, CEO says
Despite increasing EPC activity, addressing climate issues remains a key concern, Saipem’s CEO Alessandro Puliti said.
Eni, Sonatrach inaugurate PV plant in Algeria
These initiatives are in line with Eni’s wider decarbonisation plan
Exclusive: PTTEP CEO on the company’s strategic priorities, climate goals
In an exclusive interview with Oil & Gas Middle East, Montri Rawanchaikul, CEO of Thailand’s PTT Exploration and Production Public Co Ltd (PTTEP), discusses his company’s strategic priorities heading into 2023. He also talked about the role of gas as a transition fuel to achieve climate goals and the company’s carbon capture push.
Investigation finds explosive traces at mysterious Nord Stream blast sites
The blasts in September that caused massive leaks from the natural gas pipelines from Russia to Europe were caused by “gross sabotage,” Swedish authorities confirmed Friday, noting that traces of explosives have been found as part of the ongoing investigation. Swedish authorities said that their examination of the Nord Stream 1 and 2 pipelines in […]