India’s top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that its Power Transmission and Distribution business has secured multiple EPC orders in the current quarter to build transmission lines and substations in Saudi Arabia. The contract, which is in the range of $121.4 million to $303.6 million, will see L&T undertake engineering, […]
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Posted inExploration & Production
Saipem, KCA Deutag close first phase of $550 million acquisition
KCA Deutag has announced the completion of the largest phase of Saipem onshore drilling business acquisition announced earlier this year. This first phase encompasses Saudi Arabia, UAE and Africa, with Kuwait expected to follow later in Q4 2022. The acquisition of the Latin America business together with the rigs in Romania and Kazakhstan will complete […]
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Top 25 OFS Companies 2022
Revealing the top 25 OFS players in the Middle East region
Posted inNews
Opinion: How Middle East oil companies should respond to higher oil prices
The recent surge in the oil price is an opportunity for National Oil Companies (NOCs) in the Middle East to reinforce their commitment to transformation. For the moment, profits are plentiful and providing ample funding to their host governments’ budgets. However, the long term pressure on the oil price remains significant and there are no […]
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Top 25 EPC Contractors 2022
Revealing the top 25 EPC players in the Middle East region
Posted inLists, EPC Contractors List
Top 25 EPC Contractors 2022
Revealing the top 25 EPC players in the Middle East region
Posted inPeople
Petrofac’s EPC head talks about future of energy in the Middle East
In an exclusive interview with the Oil & Gas Middle East, Elie Lahoud, COO of Petrofac’s Engineering & Construction division, discusses the oil and gas market’s contract activity, Petrofac’s key projects in the Middle East, and the region’s energy transition
Posted inNews
L&T secures major substation orders from Saudi Arabia and UAE
The contract will help strengthen Saudi Arabia’s evacuation infrastructure and boost the reliability of the grid in the Western region of the kingdom
Posted inMarkets
Energy roundup: Britain to face shocking rise in energy bills; Middle East E&P momentum continues
As Britons prepare to face record-high energy costs, the E&P sector in the MENA region saw some interesting developments this past week
Posted inExploration & Production
OPEC chief calls for more investment in oil and gas
Haitham Al Ghais also said that OPEC is doing its part and must not be blamed for soaring inflation