Held under the patronage of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and the Prime Minister of the Kingdom of Bahrain, the second edition of the GDA International Downstream Conference & Exhibition, the leading Middle East strategic forum for downstream professionals, will take place from 13-15 February 2023 at Exhibition World Bahrain. Over three […]
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Posted inNews, Downstream
OQ inaugurates $463 million ammonia plant in Salalah
The plant has a production capacity of 1,000 metric tonnes per day of liquid ammonia
Posted inEvents
Cummins Arabia hosts Power Train conference in GCC
Cummins Arabia hosts Power Train conference post-Covid-19 for customers and consultants in Saudi Arabia, Kuwait, and the UAE
Posted inExploration & Production
Aramco awards $173 million contract to Arabian Drilling
Arabian Drilling is the largest drilling rig contractor in the Kingdom in terms of the fleet size
Posted inNews
Upcoming large projects to strengthen Saudi-Oman trade ties
Abdulsalam Al Murshidi, executive president of the largest sovereign wealth fund of the Sultanate of Oman, has confirmed that large projects linking Oman and Saudi Arabia will be announced in the future. He also affirmed that economic ties between Oman and Saudi Arabia have taken great strides towards integration and strengthening the partnership between the […]
Posted inNews
SABIC, OQ to launch major project in Oman
Saudi Arabia’s SABIC, Oman’s state energy company OQ and Kuwait Petroleum International have signed an agreement to develop a petrochemicals complex in the Duqm economic zone, state news agency ONA reported on Wednesday. The complex will consist of a steam cracker and derivative units, and a natural gas liquid (NGL) extraction facility. The special economic […]
Posted inNews
National oil companies expected to announce more projects driven by expansion plans
The Middle East is home to some of the world’s largest conventional onshore and offshore oil and gas fields. The most prominent fields in the region include Ghawar and the Safaniya oil fields in Saudi Arabia, the Burgan oil field in Kuwait, the Rumaila oil fields in Iraq. According to APIOCRP, MENA’s five-year energy investment […]
Posted inNews
Offsetting carbon, the Halal way
Nicolas Thévenot, managing director of corporate banking at APICORP, discusses the company’s $75 million Shariah-compliant facility for voluntary carbon offsets
Posted inEPC Contracts
Indian EPC giant L&T reports 57 contracts in 2022
Larsen & Toubro (L&T) has won over 57 contracts so far in 2022 as it continues to strengthen its presence in the oil and gas EPC sector, Construction Week reported. Last month, the company reported “better-than-expected” second-quarter profit, on the back of a surge in order inflows. The company’s profit grew by 22.5% to $269.35 […]
Posted inNews
PIF eyes $1 billion IPO of Saudi driller ADES
PIF is considering hiring investment banks for a potential listing and is expected to make a decision as soon as this year