The fleet utilisation supports the company’s nine-month revenue growth to reach $1.94 billion
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Eni, TotalEnergies to launch offshore exploration following Israel-Lebanon agreement
In Lebanon, TotalEnergies is the operator of the exploration Block 9 alongside its partner Eni
Saipem secures $800 million new drilling contracts in the Middle East region
Long-term awards in the Middle East confirm Saipem’s strategy towards a key area for its business
Aramco, Pertamina sign hydrogen agreement
The MoU was signed in a ceremony that took place alongside the B20 Summit in Bali
Bechtel-lead coalition awarded decarbonisation contract
The feasibility study will assess options for total routine flaring recovery to the existing flare and compression systems at the ELNG facility
European contractor Wood launches engineering office in Doha
In 2021, Wood secured $580 million worth of contracts in the Middle East
Hire Emiratis or face $20,000 fines, UAE ministry warns
The move is in line with the government’s Nafis initiative, which was launched in 2021
Petrofac’s EPC work on schedule for Tatweer’s gas facility
The EPC work for the non-associated gas long-term field development (LTFD) operated by Bahrain’s Tatweer Petroleum is progressing as per plan and is expected to meet the scheduled completion date by 2023, data by DMS Projects shows. In June 2020, Petrofac’s Engineering & Production Services division (EPS) was awarded a multi-million dollar engineering, procurement, construction, […]
Saudi Aramco to develop carbon capture facility in Jubail
The hub will potentially store up to 9 million tonnes of CO2 a year by 2027
Arabian Drilling records $114 million profit post IPO
The company’s profits jumped 171% during the first nine months of 2022