Dana Gas signs US$90 mln credit facility with Mashreq Bank

Dana Gas announced it has entered into a US$90 million corporate facility with UAE’s Mashreq Bank.

Dubai Mercantile Exchange signs MoU with Kpler

Dubai Mercantile Exchange (DME) has signed a Memorandum of Understanding (MoU) with Kpler, the leading provider of data-driven...

McMenon announces manufacturing first in Saudi Arabia

McMenon Engineering Services has launched the first British manufacturing facility of flow and temperature instrumentation in the...

KCA Deutag secures land drilling contracts in Oman

KCA Deutag has been awarded contracts worth more than US$150 million in Oman, from the country’s leading exploration and...

bp starts production from Ghazeer gas field in Oman

bp, in partnership with OQ, PETRONAS and the Ministry of Energy & Minerals in Oman, announced production has begun from its Block...

Planned gas investments in MENA jumped compared to last year

The Arab Petroleum Investments Corporation (APICORP) released its MENA Gas & Petrochemicals Investments Outlook 2020-2024 that...

Dubai’s Drydocks World starts production on Lekki SPM Project

Dubai’s Drydocks World held a steel-cutting ceremony to commence production on single point mooring buoy “Lekki SPM Project” in...

ADNOC and Group 42 launch AIQ

ADNOC announced the launch of AIQ, its AI joint venture company with Group 42, an Abu Dhabi-based AI and cloud computing company.

Petrofac to support Australia's largest green hydrogen project

UAE-based Petrofac’s Engineering and Production Services (EPS) business has been awarded its first ever green hydrogen FEED...

APICORP puts financing into 5th phase of Dubai solar project

APICORP has signed an agreement with Shuaa Energy 3 sponsored by DEWA, ACWA Power and Gulf Investment Corporation, to provide...