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HomeOil and Gas

Oil and Gas

Oil and Gas

ADNOC awards $17.8 billion Worth Contract in H1 2025 to Local Firms

May 18, 2025 Mohammad S
ADNOC  announces that, nearly 400 local suppliers, contractors and service providers have received contract awards from ADNOC valued at AED65.7 billion (USD 17.8 billion) in …
Oil and Gas

Oman extends Block 53 Exploration and Production Sharing Agreement worth $30 billion

May 18, 2025 Mohammad S
The Ministry of Energy and Minerals, Oman announces that it has signed an agreement to extend the Block 53 Exploration and Production Sharing Agreement (EPSA) …
Oil and Gas

ADNOC announces $60 billion worth US investments in UAE energy projects

May 16, 2025 Mohammad S
ADNOC announced multiple agreements with United States (US) energy majors during the United Arab Emirates (UAE)-US business dialogue with US President Donald J. Trump. The …
Oil and Gas

Penspen awarded FEED Contract in UAE

May 15, 2025 Mohammad S
Penspen announces that it has been awarded the Front-End Engineering Design (FEED) scope for pipelines and piping systems to support a major greenfield NGL fractionation …
Oil and Gas

Aramco Signs 34 MoUs Worth $90 billion with Major US Companies

May 15, 2025 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, announced the signing of 34 Memoranda of Understanding (MoUs) and agreements, with a potential …
Oil and Gas

Abraj Energy Services Signs Contract with BP Oman

May 14, 2025 Mohammad S
Abraj Energy Services, Oman announces that it has signed a contract with BP Oman to supply a drilling rig in Block 61, with operations expected …
Oil and Gas

GAS Arabian Services awarded $221.5 million Contracts from SPPC

May 14, 2025 Mohammad S
GAS Arabian Services Company, Saudi Arabia announces that it has awarded two contracts from Saudi Power Procurement Company (Principal Buyer). The combined value of the …
Oil and Gas

ADES awarded $217.6 million Jackup Rig Contract extension in Qatar

May 13, 2025 Mohammad S
ADES Holding Company (ADES), Saudi Arabia announce the signing of a multi-year contract extension for its jackup rig, Sapphire Driller, with a major operator in …
Oil and Gas

Arabian Drilling awarded Contract Extensions from Aramco

May 5, 2025 Mohammad S
Arabian Drilling, Saudi Arabia, announced the signing of 10-year contract extensions for two of its land rigs with Aramco. This extension adds SAR 1,067 million …
Oil and Gas

ADNOC Drilling awarded $806 million Contract

May 5, 2025 Mohammad S
ADNOC Drilling Company PJSC (ADNOC Drilling), UAE announced that it has been awarded a contract for three island rigs by ADNOC Offshore to support expanding …

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ADNOC and TAQA signed agreement for 30GW of Renewable Energy

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Abu Dhabi National Oil Company (ADNOC) announces that it has launched a new global renewable energy and green hydrogen venture between ADNOC and Abu Dhabi …
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LSIS Signs Localization Agreement for 145kV GIS in Saudi Arabia

September 29, 2025
Inkan Holding, Saudi Arabia announces the signing of groundbreaking localization agreement with LSIS, South Korea for high-voltage Gas Insulated Switchgear (GIS) and medium-voltage switchgear manufacturing. …
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JAL International secures $13.8 million order for substation expansion

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Saudi Electricity Company awarded the project “Reinforcement of Muhayil north 132/33kV and Oukdud 132/13.8kV Substation”. The project locations are near to Jazan, Southern region of Saudi …
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