Aramco completes acquisition of 70% stake in SABIC

Aramco announced the successful completion of its share acquisition of a 70 per cent stake in SABIC from PIF, the sovereign wealth...

Petrofac awarded project in Bahrain

Petrofac has been awarded a multi-million dollar contract by Tatweer Petroleum for an upstream gas project in Bahrain.

Bilfinger Tebodin Middle East to build a liquid bulk storage terminal in UAE

Bilfinger Tebodin Middle East has been awarded a contract by Arabian Chemical Terminals to build a bulk liquid storage terminal in...

Abu Dhabi CEO Roundtable discusses sustainable global energy supplies

Global energy leaders united around the common purpose of ensuring sustainable global energy supplies as economies begin to reopen...

Shelf Drilling rig contract in Saudi Arabia suspended

Shelf Drilling has received a notification from Saudi Aramco on suspension of operations for the High Island IV jack-up rig for a...

Masdar and Uzbekistan Government sign deal to develop wind project

Abu Dhabi’s Masdar has signed an agreement with Uzbekistan Government to design and operate a wind farm project.

Maire Tecnimont awarded contract in Algeria

Maire Tecnimont has been awarded an EPC contract for the execution of the Bir Seba Phase II and Mouiat Outlad Messaoud field...

Green hydrogen could help drive job recovery out of the COVID-19 recession

The green hydrogen export market could be worth US$300 billion yearly by 2050, creating 400,000 jobs globally in renewable energy...

ADNOC to host virtual roundtable looking at post COVID-19

The world’s leading oil, gas, and petrochemical CEOs will join a virtual roundtable hosted by ADNOC on June 16, to discuss the...

OPEC+ agrees to extend production cuts to July

OPEC+ agreed to extend the big production cuts announced in April by another month, which will see 9.7 million bpd stay off the...