Finance
Kuwait Petroleum Signs $4.8 Billion Financing Deal
Kuwait Petroleum Corporation announces that it has secured a landmark KD 1.5 billion joint financing deals. The financing received from the Banks led by the …
Oil and Gas
Oil and Gas
Helmerich & Payne announces Recommence Operations on Seven Land Rigs in Saudi Arabia
Helmerich & Payne, Inc., USA announced that notice has been received to recommence operations on seven land rigs in Saudi Arabia that are currently under …
Oil and Gas
Arabian Drilling awarded $533 Million Contract Renewals
Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, announced that it has secured four rig contract renewals with a total value exceeding SAR …
Oil and Gas
QatarEnergy Signs Production Sharing Agreement in Guyana
QatarEnergy announces that it has signed a Production Sharing Agreement for shallow-water Block S4 offshore the Cooperative Republic of Guyana. The block was awarded through …
Oil and Gas
UAE’s NMDC Energy and Baker Hughes partner to localize offshore solutions in Saudi Arabia
UAE’s NMDC Energy, a leading provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, has entered a strategic Memorandum of …
Oil and Gas
Bilfinger awarded Engineering Services Contract for UAE’s first LPG Terminal Hub
Bilfinger Middle East announces that it has been awarded a contract by Nimex Terminals Ltd. to provide comprehensive engineering services for the development of the …
Oil and Gas
INTECS announces Commencement of JV activities for the Marsa LNG Project
INTECS Industrial Technology Services, Oman announces the official launch of INTECS Serka JV activities for the Marsa LNG project at the Port of Sohar, Oman, …
Oil and Gas
UAE’s ADNOC Drilling Partners with MB Petroleum Services
UAE’s ADNOC Drilling Company PJSC announced that it has entered into definitive agreement to acquire 80% of MB Petroleum Services (MBPS), one of the leading …
Oil and Gas
KBR awarded Detailed Engineering Design Contract in Iraq
Global Engineering Firm KBR announced that it has been selected by ENKA İnşaat ve Sanayi A.Ş. (ENKA) to provide detailed engineering design services for the …
Oil and Gas
UAE’s NMDC Energy Signs Several Strategic MOUs
UAE’s NMDC Group, a global leader in engineering, procurement, construction and marine dredging, and NMDC Energy PJSC, a leading provider of engineering, procurement and construction …