The Ministry of Human Resources and Emiratisation (MoHRE) has officially announced the UAE National Day and Commemoration Day 2022 holiday for the private sector. The break will be from Thursday, December 1, to Saturday, December 3. “The three-day official paid holiday is in implementation of the UAE Cabinet resolution on public holidays for the public and private sectors […]
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Posted inPeople
UAE slaps $30,000 fine for companies faking Emiratisation
UAE companies faking data to meet Emiratisation targets will face hefty fines
Posted inNews
Construction manager with offshore EPC contractor charged over bribery
The offense can lead to hefty fines and imprisonment for up to 10 years
Posted inExploration & Production
Saipem secures $800 million new drilling contracts in the Middle East region
Long-term awards in the Middle East confirm Saipem’s strategy towards a key area for its business
Posted inNews
Bechtel-lead coalition awarded decarbonisation contract
The feasibility study will assess options for total routine flaring recovery to the existing flare and compression systems at the ELNG facility
Posted inEnergy Transition
Saudi Aramco to develop carbon capture facility in Jubail
The hub will potentially store up to 9 million tonnes of CO2 a year by 2027
Posted inEarnings
Arabian Drilling records $114 million profit post IPO
The company’s profits jumped 171% during the first nine months of 2022
Posted inEPC Contracts
EPC contractor Galfar’s JV secures $83.1 million contract from Shell Oman
The scope of work includes design and build and operation of the field operating base
Posted inNews
Dana Gas profits soar to $161 million
Dana Gas, the Middle East’s largest regional private sector natural gas company, has posted net profit increase of 64% to $161 million compared to the same period last year. The gains in Dana Gas’s profitability in the first nine months of the year were driven by higher realised prices, prudent cost control and strong operational […]
Posted inNews
‘Highway to climate hell’: UN chief calls for coal phase-out at COP 27
“We are on a highway to climate hell with our foot still on the accelerator,” Guterres said
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