CB&I has secured a lump sum EPC contract from TJN Ruwais JV for the construction of two cryogenic LNG tanks an ..Read More

CB&I has secured a lump sum EPC contract from TJN Ruwais JV for the construction of two cryogenic LNG tanks and associated infrastructure for the Ruwais LNG project in Abu Dhabi, valued between $250 million and $500 million. This project, which will feature the first net-zero LNG facility in the Middle East, is scheduled for completion in early 2028. CB&I will lead the construction from its UAE office, with engineering support from the USA and fabrication from Saudi Arabia and Thailand.
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ADNOC Gas has awarded $2.1 billion in contracts for key infrastructure supporting the Ruwais LNG Project, incl ..Read More

ADNOC Gas has awarded $2.1 billion in contracts for key infrastructure supporting the Ruwais LNG Project, including an LNG pre-conditioning plant (LPP), compression facilities, and transmission pipelines. The project, part of ADNOC’s $15 billion CAPEX plan, will more than double LNG production capacity to over 15 mtpa by 2028. Ruwais LNG will be among the world’s lowest-carbon intensity LNG plants, utilizing clean electricity and AI-driven efficiency.
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Kuwait National Petroleum Company (KNPC) has received bidders' proposals for the construction of a new Local M ..Read More

Kuwait National Petroleum Company (KNPC) has received bidders' proposals for the construction of a new Local Marketing Depot at Matla, aimed at meeting the growing demand for petroleum products and reducing transportation costs. The proposals submitted include bids from Consolidated Contractors Group (KWD 357.25 million), SINOPEC (KWD 358.38 million), Enppi (KWD 384.54 million), Larsen & Toubro (KWD 413.7 million), and Open Tower General Trading (KWD 505.48 million).
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ADNOC will invest AED200 billion in the UAE economy over the next five years through its In-Country Value (ICV ..Read More

ADNOC will invest AED200 billion in the UAE economy over the next five years through its In-Country Value (ICV) programme, driving economic growth, job creation, and industrial expansion. In 2024 alone, AED55 billion was reinvested, creating 5,500 Emirati private-sector jobs. ADNOC is also boosting local manufacturing, food security, and supply chain localization, supporting the ‘Make it in the Emirates’ initiative and national economic diversification.
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ADES Holding Company, Saudi Arabia, has secured a Letter of Award (LOA) from PTTEP Energy Development Company ..Read More

ADES Holding Company, Saudi Arabia, has secured a Letter of Award (LOA) from PTTEP Energy Development Company for a five-year offshore jack-up drilling contract in the Gulf of Thailand, with an estimated backlog of SAR 1.035 billion. The contract includes the deployment of the Admarine 503 rig, strengthening ADES’ presence in Southeast Asia, where it now operates five jack-up rigs. This milestone reflects ADES’ agility in redeploying rigs and reinforces its strategic commitment to the region, contributing to its strong financial outlook for the year.
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Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait, has signed a KWD 33.5 million contract with ..Read More

Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait, has signed a KWD 33.5 million contract with Kuwait Oil Company (KOC) to upgrade the gas and condensate network in East Kuwait Area-II. The project, with a duration of three years, aims to enhance the region's infrastructure and operational efficiency.
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Combined Group Contracting (CGC) Co., Kuwait, has been awarded a KWD 38.3 million contract for piping and pipe ..Read More

Combined Group Contracting (CGC) Co., Kuwait, has been awarded a KWD 38.3 million contract for piping and pipeline support services, affiliated with the joint operations of Arabian Chevron Inc. and Kuwait Gulf Oil Company. The project will span four years and four months.
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Aramco has partnered with Carbon Clean and SAMSUNG E&A to demonstrate CycloneCC, an innovative carbon capture ..Read More

Aramco has partnered with Carbon Clean and SAMSUNG E&A to demonstrate CycloneCC, an innovative carbon capture technology. The compact, modular system, designed to capture CO2 from natural gas turbine exhaust streams, aims to reduce the cost and footprint of carbon capture systems by up to 50% while maintaining high efficiency. The project will test the technology under real-world conditions, supporting Aramco's carbon-reduction goals.
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