Despite increasing calls from climate activists, the Middle East is expected to commence over 600 projects between 2023 and 2027, according to data from GlobalData Energy. Out of these, upstream projects would be 81, midstream would be 141, the refinery at 84, and petrochemicals would be the highest with 315 projects. Here is a list […]
oil and gas projects
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Kuwait Oil Company to invest $43 billion on new oil projects, CEO says
Kuwait intends to expand production by nearly 200,000 barrels per day
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Aramco to partner with Turkish contractors for $50 billion projects in Saudi Arabia
Saudi Aramco has engaged in discussions with numerous Turkish contractors to explore potential projects worth $50 billion in Saudi Arabia, according to a Bloomberg report last week Representatives from around 80 construction companies met with Aramco executives in Ankara to discuss pre-qualification for upcoming projects scheduled until 2025, Erdal Eren, head of the Turkish Contractors […]
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EPC contractors submit bids for ADNOC’s $30 billion Upper Zakum megaproject
Contractors have submitted technical bids for the EPC works of surface facilities and subsea pipeline packages on the Upper Zakum expansion project, according to data from DMS Projects. Although the complete list of bidders is yet to be announced, Petrofac has confirmed its technical bid submission. EPC contracts are expected to be awarded in Q4 […]
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Iraq set to launch $8.5 billion giant petrochemicals project
Iraq is set to launch the Nibras project in the coming days, according to the project’s manager, Hussein Ali. The project, a joint venture with Royal Dutch Shell, involves the construction of the largest petrochemical plant in the region at a cost of almost $8.5 billion, Zawya Projects reported. The petrochemical plant, based in Basra, […]
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Kuwait eyes $19 billion oil and gas projects until 2030
Kuwait plans to invest nearly $19 billion on 10 large oil projects in the next seven years, Zawya Projects reported, citing a local newspaper. The largest project involves the construction of a petrochemical complex near the Southern Al-Zour oil refinery, which has just been completed at a cost of more than $15 billion, the Arabic […]
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Iraq to begin construction of three refineriesÂ
Iraq’s Ministry of Oil has initiated the tendering process for the construction of three refineries as Public-Private Partnership projects. The three projects are as follows: The price at which crude oil will be supplied to the refinery investor will be based on the international prices for one barrel of crude oil delivered in port of […]
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Technip Energies COO reveals major projects, trends in the Middle East
In an exclusive interview with Oil & Gas Middle East, Marco Villa, COO of Technip Energies, discusses the company’s key projects, role of technology to address decarbonisation, and the need for collaboration to accelerate the energy transition. What are Technip Energies’ ongoing projects and what’s in the pipeline? We have a long-standing presence in the […]
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Bahrain’s Tatweer Petroleum eyes EPC contractors for $200 million gas project
Bahrain’s Tatweer Petroleum is expected to award the EPC contract for its Bahrain Oil Field Associated Gas Compression Stations Project Phase 7 in the second quarter of 2023, according to Zawya Projects. The scope of work, according to Bahrain’s tender board, includes the design, procurement, fabrication, installation, testing, pre-commissioning, commissioning, and start-up of three compression […]
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Middle East to launch over 600 oil and gas projects until 2027
The Middle East is expected to commence 621 projects between 2023 and 2027, according to data from GlobalData Energy. Out of these, upstream projects would be 81, midstream would be 141, the refinery at 84, and petrochemicals would be the highest with 315 projects. New build projects are expected to lead the upcoming project landscape […]
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