Kuwait Oil Company (KOC) is set to finalise the main construction contract for a pilot wind farm to generate electricity for the oil sector by Q3 2023, according to media reports. A source quoted by Zawya said that the bid submission is currently ongoing, and the Engineering, Procurement, and Construction (EPC) contract is expected to […]
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Posted inNews
Bahrain unveils $1 billion Al-Dur 2 water and power plant
Bahrain has successfully launched the second phase of the colossal Al-Dur 2 Independent Water and Power Project (IWPP), valued at $1 billion. The new plant is an extension of Al Dur Phase 1 and features a power generation capacity of 1,500MW and a desalination capacity of 50 million imperial gallons per day (MIGD). It marks […]
Posted inNews
Shell, Equinor to begin engineering work on Tanzania’s $42 billion LNG project
Shell and Equinor will begin engineering work on their $42 billion Tanzania LNG project after signing key agreements. Following the deals, the two European manors will kick off engineering work on a project that will produce about 10 million-15 million tonne per annum LNG plant on the coast at Lindi. “Equinor, Shell, their partners, together […]
Posted inDownstream
Jordan awards contract for $2.64 billion refinery expansion project
Jordan Petroleum Refinery Co has awarded a project to increase its production to face growing domestic demand, Zawya Projects reported, citing the CEO of the company. Jordan’s only refinery, which is based in Zarqa roughly 35km east of the capital city Amman, will launch the fourth expansion project in its 65-year history after it secures funding, […]
Posted inUpstream, News
More delays for Kuwait’s $848 million Al-Zour pipeline project
A project to build pipelines to feed Kuwait’s largest oil refinery in the Southern Al-Zour area is facing more delays although it was supposed to be delivered within 3 years after the contract was awarded in 2017, Zawya Projects reported, citing a Kuwaiti newspaper. Kuwait oil Company (KOC), which manages the oil-rich country’s upstream sector, […]