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Abu Dhabi defers offshore project bidding schedule
Technical bids for the estimated $400m Umm Shaif LTDP phase one project were submitted in August last year Abu Dhabi National Oil Company...

Raymond STERN
Mar 18, 2021


Siemens Energy compressors to help Saudi Aramco enhance Marjan production
Siemens Energy to supply 21 high-efficiency compressor trains for expanding Marjan oil and gas field in the Kingdom of Saudi Arabia...

Raymond STERN
Feb 7, 2021


Petrofac deepens cost cuts as pandemic effect persists
Oilfield services group expects sustained period of subdued demand from customers. Petrofac will deepen its cost-cutting next year after...

Raymond STERN
Dec 16, 2020


Aramco awards major Long-Term Agreements to eight companies for its oil and gas brownfield projects
Aramco has today announced a new contracting strategy for the Company’s oil and gas brownfield and plant upgrade projects. The strategy...

Raymond STERN
Nov 23, 2020


Duqm Refinery project nearly 72pc completed
Leading regional oil giants Oman Oil Company and Kuwait Petroleum International have made steady progress on their refinery project in...

Raymond STERN
Nov 3, 2020


Two corruption cases rattle Sonatrach in Algeria and Lebanon
Algeria has initiated an investigation into Sonatrach’s acquisition of the Augusta refinery in Italy. What’s more, one of the Algerian...

Raymond STERN
Jul 9, 2020


Eni and Sonatrach complete 10MW solar project in Algeria, plan hybrid solar R&D hub for deserts
A pair of oil and gas giants, Algerian state-run company Sonatrach and Italy-based firm Eni, have inaugurated a 10MW solar PV project to...

Raymond STERN
Nov 26, 2018


SAMSUNG, PETROFAC AND SAIPEM AWARDED CONTRACT FOR THAI OIL REFINERY PROJECT
Samsung Engineering (Seoul; www.samsungengineering.com) signed an approximately $4-billion contract for the Thai Oil Public Company...

Raymond STERN
Oct 20, 2018


$4B Thailand Refinery Contract Awarded
Thai Oil PLC has let a $4-billion contract to a consortium of Saipem, Petrofac, and Samsung for the Clean Fuel Project at its 275,000-b/d...

Raymond STERN
Oct 19, 2018


Samsung-Petrofac JV awards $51m Duqm EPC contract to Oman's Galfar
The project's completion is due to be achieved within 23 months, Galfar confirmed. A joint venture (JV) of Samsung and Petrofac has...

Raymond STERN
Oct 17, 2018


Salalah LPG extraction project, Oman
A strategic investment for Oman, the Salalah LPG Extraction project will enable the Sultanate to get more value from its gas assets.

Raymond STERN
Oct 31, 2017


Petrofac awarded $1.3bn contract in Kuwait
Petrofac has been awarded a contract worth $1.3bn to build a gas gathering centre for Kuwait Oil Company (KOC). The lump-sum engineering,...

Raymond STERN
Mar 28, 2017
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