Jacobs’ EUROCLAUS sulphur recovery technology will expand Tupras’ crude slate by processing more sour crudes, while reducing its environmental footprint, delivering industry leading SO2 emissions abatement.
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August 2017 Special Report: Hydrocarbons logistics sector remains buoyant
Estimates suggest that the marine-based segment within the logistics market is expected to witness the highest growth in the 2015-2021 period
ADNOC in ‘advanced discussions’ for ADMA-OPCO concession renewal
The existing offshore acreage operated by ADNOC Group company ADMA-OPCO, which is up for renewal in March 2018, will be split into two, or more, concessions with new terms to unlock greater value and increase partnership opportunities
ENOC launches ‘Graduate Development Programme’ for UAE nationals
The 12-month programme follows the selection of 15 graduates from over 40 applicants for jobs offered by the Group at the Careers UAE fair
Jacobs to acquire CH2M creating $15bn global engineering major
Jacobs expects to finance the transaction through a combination of cash on hand, borrowings under the company’s existing revolving credit facility and US$1.2 billion of new committed 3-year term debt arranged by BNP Paribas and The Bank of Nova Scotia.
ADNOC reaches out to Asian majors in expansion bid
ADNOC CEO Dr Sultan Al Jaber’s strategic tour of China and Japan, come days after oil giant made public its landmark decision to undergo an economic transformation aligned to its 2030 objectives – including the share sale of its distribution business
AkzoNobel CEO steps down citing health reasons
Ton Büchner recently guided AkzoNobel to success in a prolonged takeover bid with US competitor PPG Industries. The company did not specify the health issues of Büchner, but confirmed the decision is with immediate effect.
SAP partners with Saudi Aramco to create digital business marketplace
SAP Cloud Hub will launch soon as part of the IT major’s four-year $76mn investment plan in the Kingdom
A T Kearney launches non-profit Energy Transition Institute
Energy consultancy and advisory firm collaborates with SBC Energy Institute to form new body that aims to develop and share with stakeholders technological, economical, and forward-looking insights on energy transition
Bahrain LNG wins key award for finance deal
The ‘Middle East ECA Finance Deal of the Year’ was presented during a gala dinner ceremony at the 2017 Venice Global Borrowers’ Summit held recently in Venice, Italy