oil & gas

UAE's ADNOC kicks off petrochem coker unit amid $45bn downstream push
The coker unit's commissioning allows ADNOC to recover highly specialised and valuable grades of carbon
Saipem struggling in H1, despite Q2 offshore contract wins
In May, shareholders at the Milan-based oil and gas contractor voted to use capital reserves
Saipem to pay off $593m loss with cash reserves
Saipem has reported poor financial results, but took the sting out of recent losses by
Top 5 MENA countries for energy investment
Saudi Arabia, the UAE, Egypt, Kuwait, and Algeria are expected to spend more than any
Petrofac wins $200m EPC contract for refinery project in India
Petrofac has been awarded a $200m (AED735m) Engineering, Procurement and Construction (EPC) contract by Hindustan
Energy project investment to fall short of $1trn
Investment in MENA energy projects will be led by Saudi Arabia and the UAE
$18.2m Oman Oil and Gas Institute opens in Muscat
The Oman Oil and Gas Institute in Muscat is a first-of-its-kind centre for inspiring innovation
Oman plans major port expansion
The Omani government has confirmed plans are underway for an “important” expansion of its sea

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Construction Week - Issue 765
Jun 29, 2020