January 31, 2026
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HomeOil and Gas

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Oil and Gas

Saipem awarded $3.1 billion EPCI contract in Qatar

December 22, 2025 Mohammad S
Saipem, in partnership with Offshore Oil Engineering Co. Ltd. (COOEC), has been awarded an offshore EPCI contract by QatarEnergy LNG for the COMP5 package of …
Finance

UAE’s ADNOC secures $2 billion K-SURE-backed Green Financing

December 21, 2025 Mohammad S
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), has signed a $2 billion (AED7.34 billion) green financing agreement backed by Korea Trade Insurance Corporation (K-SURE) …
Finance

ADNOC, Eni and PTTEP Secures Structured Financing of up to $11 Billion for Hail and Ghasha Gas Development

December 18, 2025 Mohammad S
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), in partnership with Eni S.p.A. (“Eni”) and PTT Exploration and Production Public Company Limited (“PTTEP”), announced the …
Oil and Gas

Kuwait Oil Company awards Baker Hughes Advanced Artificial Lift Solutions Contract

December 17, 2025 Mohammad S
Baker Hughes announced a major award from Kuwait Oil Company (KOC) to provide advanced artificial lift systems and associated services to enhance production in Kuwait’s …
Oil and Gas

Wood awarded Over $1 billion Contracts in 2025 Across Middle East

December 16, 2025 Mohammad S
Wood announces that it has secured more than $1 billion in contract wins across the Middle East in 2025, marking the second consecutive year of …
Oil and Gas

Seatrium awarded Jack-up Rig Contract in Saudi Arabia

December 14, 2025 Mohammad S
Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has been awarded a repeat contract by International Maritime Industries (IMI), the largest shipyard …
Oil and Gas

ORION Achieves Major Milestone for Amiral Petrochemical Complex Project

December 12, 2025 Mohammad S
ORION, Italy announces a milestone that redefines the limits of industrial manufacturing, the completion of a 114-inch Wedge Gate Valve, weighing over 120 tons. The …
Oil and Gas

CWHI Achieves Major Milestone for QatarEnergy’s Project

December 12, 2025 Mohammad S
CWHI (CNOOD-Wenchong Heavy Industries), China announces that it has successfully delivered Buoyancy Tanks to QatarEnergy LNG for the NFPS COMP2 Project in Qatar. Each tank …
Oil and Gas

UAE’s Dana Gas Announces Further Success in Egypt’s Onshore Nile Delta with a Significant Discovery

December 12, 2025 Mohammad S
UAE’s Dana Gas PJSC announced the successful drilling of the North El-Basant 1 exploratory well in Egypt’s onshore Nile Delta, confirming a significant new gas …
Oil and Gas

Kuwait’s Mechanical Engineering Company awarded $113 million KOC Project

December 11, 2025 Mohammad S
Kuwait Oil Company (KOC) awards the Project, Incoming Sub -Group Manfolds and Group Trunk Lines ( MGT) Project in North Kuwait Area. The Project has …

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Oil and Gas

GAS Arabian Services awarded SAR50m EPC Contract

November 12, 2023
Gas Arabian Services Co. Saudi Arabia announces the awarding of the contract with Advanced Petrochemical Company (Advanced). The Project involves Engineering, Procurement & Construction contract …
Water

Saudi Arabia receives the bidder’s proposal for Jubail 3A IWP

December 15, 2019
Saudi Water Partnership Company (SWPC), formerly known as Water & Electricity Company (WEC) receives the proposals for Jubail-3A Independent Water Project (IWP). The plant will …
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Kuwait’s SPETCO submits lowest bid of $288.5 million for KOC Project

October 17, 2025
Kuwait Oil Company (KOC) receives the bidders proposals for the project, Mutriba Remote Boosting Facility (MRBF). Three bidders has submitted the proposals: SPETCO International Petroleum …
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