A former Shell vice president will take on his role as of 1 January 2021
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Revealed: The top 30 EPC contractors of 2020
A mix of regional and international contractors have made the top of the list for their work in the past year
Exclusive: McDermott’s new EMEA leader on company transformation
McDermott’s Senior Vice President for EMEA, Tareq Kawash, comments on keeping business up during a pandemic, his vision
for the region, and the EPC company’s transformation.
Uptick in LNG demand this winter, but forecast dependent on several risks
LNG demand is expected to grow by 4 billion cubic metres this winter, led by China
Proserv and Synaptec sign strategic alliance agreement
The arrangement will lead to the roll-out of multiple technologies applicable to several energy sectors, including offshore wind and upstream oil and gas.
SK E&C
The South Korean company is building the world’s largest underground oil storage facility in UAE emirate Fujairah, with a $1.2bn price tag. It will have a capacity of 42mn barrels of oil.
SAMSUNG ENGINEERING
Samsung Engineering operates and provides services across oil and gas processing, refining, petrochemicals, industrial operations, and environmental work.
HYUNDAI ENGINEERING
This South Korean company is part of a $2.4bn contract to build a seawater supply facility in Iraq from Basrah Oil Company. It will supply 5mn barrels of water per day.
OIEC
OIEC is currently working on the Azar oil field development, along the Iran-Iraq border, and could reach 65,000 barrels per day of production.
WOOD
In the Middle East, Wood has worked with ExxonMobil and Basrah Gas Company. Wood supported the start-up and ongoing operation of Majnoon oilfield, which is estimated to hold 38bn barrels of oil.