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Sunday, August 19, 2018 11:34 GMT
Jacobs Engineering Group said it has received a two-year contract renewal from Saudi Aramco Total Refining and Petrochemical Company (Satorp) for its subsidiary in the kingdom - Jacobs Zamel and Turbag Consulting Engineers (Jacobs Zate) - to provide general engineering services at Satorp's...More
Iraq’s state-run Basra Oil Company and Chevron agreed to begin implementing a memorandum of understanding to develop...More
Iran's Sepahan Oil Company (SOC) and the German ADL company signed a cooperation agreement on Aug. 15, IRNA news agency...More
Patrick Allman-Ward, chief executive of UAE's Dana Gas, said on a conference call with the press that he expected a...More
Saudi Arabia’s Sabic, a global leader in the chemical industry, has partnered with US-based innovation and product...More
Algerian state energy firm Sonatrach is in talks with Shell over developing joint projects in Algeria, a senior Sonatrach official said on Wednesday. "Our aim is definitely to rise our reserves by a... More
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Bahrain’s GCC allies met to review a financial support program designed to help the country repair its finances and stave off a possible currency devaluation that could roil regional markets. The... More
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The economic committee of ministers approved the offer by the Saudi company ACWA Power to establish wind farms with capacity of 500 MW in the Gulf of Suez and investments up to $600m. Government... More
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Through a decree issued by Bijan Zanganeh, Iranian Minister of Oil, Zarrin Kavousi-Nasab has been appointed as the new Head of Internal Auditing of the National Iranian Oil Company (NIOC), replacing... More
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The state-owned Trade Bank of Iraq (TBI) has reportedly put plans to buy a Turkish commercial bank on hold because of the fall in the Turkish lira. TBI chairman Faisal al-Haimus told Reuters that... More
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Kuwait’s current account registered its highest surplus in three years during the first quarter standing at KD1.7 billion (US$5.618 billion) - about 17 % of quarterly GDP - up from KD1.2 billion... More
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Libya's giant Sharara oilfield is producing 260,000 barrels per day (bpd) after the restart of a control station that had been closed due to the kidnapping of two workers, an engineer at the field... More
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Sohar Aluminum has partnered with their latest downstream customer, Synergies Castings LLC, the leading manufacturer of aluminum alloy wheels in India. The agreement will begin with the construction... More
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Qatar’s economy has shown signs of strength in recent months, a new report says and notes that the country’s construction activity increased significantly as preparations continued for the 2022 World... More
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Saudi Arabia’s Sabic, a global leader in the chemical industry, has partnered with US-based innovation and product design firm Nottingham Spirk to accelerate innovations with speciality materials... More
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Gobal consulting firm AlixPartners said it has been appointed by investors of the Abraaj Growth Markets Health Fund (AGHF) to oversee the fund's separation from the UAE-based Abraaj Group to ensure... More
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Egypt’s president said on Monday Cairo was deeply concerned about security in the Red Sea following an attack by Yemen’s Houthis on two oil tankers that forced Saudi Arabia to suspend crude shipments... More
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