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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Top Government Initiatives in Oil & Gas

Read about all the government initiatives in Oil & Gas

Saudi Arabia

  •  February 11, 2025

Saudi Steel Pipe Company’s subsidiary, Global Pipe Company, secured a SAR 910 million contract from Saudi Ar ..Read More

Saudi Steel Pipe Company’s subsidiary, Global Pipe Company, secured a SAR 910 million contract from Saudi Aramco to supply LSAW pipes for its Accelerated Carbon Capture and Storage hub in Jubail. The contract duration is 15 months. SSP, a leading MENA manufacturer of ERW steel pipes, serves oil, gas, industrial, and construction segments, offering OCTG, Line Pipe, API, and related services.
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UAE

  •  February 11, 2025

Wood has confirmed ADNOC Refining’s capability to produce Lower Carbon Aviation Fuel (LCAF), aligning with I ..Read More

Wood has confirmed ADNOC Refining’s capability to produce Lower Carbon Aviation Fuel (LCAF), aligning with ICAO’s CORSIA certification once formalized. Wood’s carbon advisory team validated Ruwais Refinery’s potential by analyzing 25,000+ data points, meeting international certification standards. LCAF can cut aviation emissions by 10%, supporting sustainable air travel growth. This validation highlights Wood’s $920 million contracts in the Middle East and coincides with the Sustainable Aviation Futures MENA Congress.
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UAE

  •  February 06, 2025

Técnicas Reunidas, Spain, secured a USD 3.39 billion Oil & Gas contract in the UAE for constructing upstream ..Read More

Técnicas Reunidas, Spain, secured a USD 3.39 billion Oil & Gas contract in the UAE for constructing upstream facilities and offshore activities in critical process facilities. The five-year project will be led by the company’s engineering office in Madrid.
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Oman

  •  February 04, 2025

Abraj Energy Services, Oman, secured an extension for three rigs with Petroleum Development Oman (PDO), with t ..Read More

Abraj Energy Services, Oman, secured an extension for three rigs with Petroleum Development Oman (PDO), with two rigs extended until December 2026 and one until January 2027, generating approximately OMR 9 million in revenue. The extension reflects Abraj’s strong performance and commitment to operational excellence and HSE standards, supporting Oman’s energy vision.
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Oman

  •  February 04, 2025

The Ministry of Energy and Minerals, Oman, announced new investment opportunities in Oil and Gas Blocks 36, 43 ..Read More

The Ministry of Energy and Minerals, Oman, announced new investment opportunities in Oil and Gas Blocks 36, 43A, and 66 in collaboration with OQ Exploration and Production (OQEP) and Scotiabank. The initiative aims to attract investments in Oman’s exploration and production sector. Awarding of the blocks is subject to signing necessary Concession Agreements and issuance of Royal Decrees by His Majesty The Sultan.
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Oman

  •  February 03, 2025

Svitzer has signed a 9-year terminal towage contract with Oman LNG to provide four new 65-ton bollard pull azi ..Read More

Svitzer has signed a 9-year terminal towage contract with Oman LNG to provide four new 65-ton bollard pull azimuth stern drive tugs for berthing and unberthing at Qalhat LNG Terminal starting in 2026. The contract includes towage, firefighting, escort, pilot boarding, and dive support services. Svitzer, operating in Oman since 2005, strengthens its position with this agreement, aligning with its growth strategy.
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Saudi Arabia

  •  January 31, 2025

Baker Hughes secured a contract to supply six gas compression trains and six propane compressors for the third ..Read More

Baker Hughes secured a contract to supply six gas compression trains and six propane compressors for the third expansion phase of Aramco’s Jafurah gas field in Saudi Arabia. Awarded by Tecnicas Reunidas, the order was booked in Q4 2024 and will leverage Baker Hughes' Dammam Center. This deal strengthens its long-standing partnership with Aramco, supporting Saudi Arabia’s energy development with advanced gas compression technology.
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UAE

  •  January 27, 2025

ADNOC Gas signed a $450 million, three-year LNG supply agreement with JERA Global Markets to support Japan’s ..Read More

ADNOC Gas signed a $450 million, three-year LNG supply agreement with JERA Global Markets to support Japan’s energy needs. The LNG will be supplied from Das Island, which has a 6.0 mtpa production capacity and has been supplying Japan for 48 years. This deal strengthens UAE-Japan energy ties and aligns with both companies’ goals for energy security and a lower-carbon future.
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