- January 09, 2025
ADNOC Gas has awarded three contracts worth $2.1 billion for key infrastructure supporting the Ruwais LNG Proj ..Read More
ADNOC Gas has awarded three contracts worth $2.1 billion for key infrastructure supporting the Ruwais LNG Project. These include a $1.24 billion contract for an LNG pre-conditioning plant (LPP) awarded to a consortium of ENPPI and Petrojet, a $514 million contract for transmission pipelines to China Petroleum Pipeline Engineering, and a $335 million contract for compression facilities to Petrofac Emirates. The contracts are part of ADNOC's $15 billion CAPEX plan and aim to enhance LNG production, with the Ruwais LNG plant set to become one of the lowest-carbon intensity LNG facilities globally.
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- January 09, 2025
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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- January 09, 2025
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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- January 02, 2025
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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- January 01, 2025
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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- December 29, 2024
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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- December 29, 2024
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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- December 22, 2024
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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