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Middle East

Oil and gas industry news from the Middle East

SNC-Lavalin and Saudi Aramco sign MoU supporting in-country opportunities

Submitted by Editorial staff on 14th December 2017

14th December 2017

SNC-Lavalin (TSX: SNC) and Saudi Aramco today signed a Memorandum of Understanding (“MoU”) signalling SNC-Lavalin’s continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia.

Unique Group to exclusively represent Add Energy to provide asset and maintenance management solutions in the UAE

Submitted by Editorial staff on 1st April 2019

01st April 2019

Unique Group, one of the world’s leading integrated subsea and offshore solutions providers, has announced that it has entered into a key agreement with Add Energy Asset & Integrity Management to provide asset and maintenance management consultancy and software solutions to energy and manufacturing companies in the UAE.

Saudi Aramco to acquire 70% majority share in SABIC

Submitted by Editorial staff on 27th March 2019

27th March 2019

SABIC announced that Saudi Aramco signed today a share purchase agreement to acquire a 70% majority stake in SABIC from the Public Investment Fund of Saudi Arabia in a private transaction.

HyPR™ HoleSaver™ system activated twice in four weeks in the Middle East

Submitted by Editorial staff on 20th March 2019

20th March 2019

A major UAE operator has recovered from stuck pipe by severing its drill string in just 2.5 hours, reports Churchill Drilling Tools.

ADNOC Wins National Award for Oil and Gas Project of the Year

Submitted by Editorial staff on 20th March 2019

20th March 2019

2019 MEED Projects Award given to ADNOC for the Taweelah Gas Compression Plant project.

Borouge awards contracts for the world's largest mixed feed cracker for Ruwais petrochemical complex

Submitted by Editorial staff on 27th February 2019

27th February 2019

Unlocking new opportunities and enabling joint customer growth

ADNOC Refining Awards Design Contract for New Refinery in Ruwais

Submitted by Editorial staff on 21st February 2019

21st February 2019

Pre-FEED Contract awarded to Wood for 600,000 barrels per day refinery.

New exploration captures support Eni's aggressive Middle East growth strategy, says GlobalData

Submitted by Mark Venables on 16th January 2019

16th January 2019

Eni’s aggressive Middle East growth strategy

Following recent announcements of Eni’s acquisition of new exploration acreage in Bahrain, the UAE and Oman,

ADNOC awards for Eni and PTTEP Consortium

Submitted by Editorial staff on 14th January 2019

14th January 2019

Italy’s Eni and Thailand’s PTTEP will invest at least AED 844 million (US $230 million) in exploration.

ADNOC Awards Austria’s OMV 5% Stake in Ghasha Offshore Ultra-Sour Gas Concession

Submitted by Editorial staff on 19th December 2018

19th December 2018

OMV joins Italy’s Eni and Germany’s Wintershall as ADNOC’s partners in project expected to produce over 1.5 billion cubic feet of gas per day.

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