The company jumped up to third place despite posting a $2.7bn net loss for 2018
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Posted inProducts & Services
Larsen & Toubro Hydrocarbon Engineering ranked first on Top 30 EPC Contractors 2019
The company took the top spot this year, jumping up from its second-place position in 2018 thanks to its growing presence in the region
Posted inEPC Contractors List
Larsen & Toubro Hydrocarbon Engineering
India’s Larsen & Toubro takes the top spot on our list this year thanks to some major wins and a growing presence in the Middle East. L&T Hydrocarbon Engineering (LTHE), the energy arm of L&T, won contracts with Arab oil companies and demonstrated a strong interest in partnership within the region. LTHE is part of […]
Posted inEPC Contractors List
McDermott
McDermott has moved up a few places despite posting a $2.7bn net loss for 2018 due to a $2.2bn goodwill impairment charge. After completing its acquisition of CB&I, valued at around $6bn, the company has seen increased activity across the value chain, including a petrochemicals contract in Kuwait, two EPCI contracts for Saudi Aramco’s offshore […]
Posted inProducts & Services
Lukoil subsidiary renews deal to supply KOTC’s tanker vessels with marine lubricants
After three years, Lukoil Marine Lubricants will once again supply Kuwait Oil Tanker Company’s full fleet of various tanker vessels
Posted inProducts & Services
UK EPC firm Wood wins FEED contract for Oman’s Duqm Refinery
The FEED contract for Duqm Petrochemical Project was awarded as overall EPC completion on the major downstream project nears 20%
Posted inDRILLING & PRODUCTION
KOC reportedly awards $96mn substation project contracts
Kuwait Oil Company has reportedly awarded contracts for two substation projects for the Burgan field
Posted inProducts & Services
Three routes to resolving energy disputes in the Middle East
Shourav Lahiri, a partner in the Energy & Natural Resources Group at Reed Smith LLP specialising in the resolution of disputes in the oil & gas and infrastructure sectors, writes about the three principal routes to resolving energy disputes in the region.
Posted inProducts & Services
Top 30 EPC review: The top contractors from our 2018 list
As Oil & Gas Middle East prepares to reveal the Top 30 EPC Contractors for the upstream industry in 2019, look back at our top tier from last year
Posted inNews
US and India lead new-build capacity growth in global LNG liquefaction and regasification industries: GlobalData
Meanwhile, Kuwait boasts the top LNG regasification terminal globally