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Top Government Initiatives in Oil & Gas

Read about all the government initiatives in Oil & Gas

Kuwait

  •  January 11, 2025

HEISCO's Saudi Arabian branch has received a letter of award from Enppi for a SAR 275.5 million contract. The ..Read More

HEISCO's Saudi Arabian branch has received a letter of award from Enppi for a SAR 275.5 million contract. The project involves executing the main civil and mechanical works for debottlenecking production facilities in Abqaiq, with a duration of 865 days.
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MENA

  •  January 10, 2025

KCA Deutag has secured $513 million in new contracts and extensions for drilling projects across the Middle Ea ..Read More

KCA Deutag has secured $513 million in new contracts and extensions for drilling projects across the Middle East, Africa, Latin America, and the UK. This includes $497 million in extensions and a new contract in Iraq for land drilling and $16 million in offshore contract extensions in the UK. These agreements reflect the company's strong performance and customer trust in its drilling operations.
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UAE

  •  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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UAE

  •  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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UAE

  •  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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UAE

  •  January 09, 2025

Petrofac has secured a $330 million EPC contract from ADNOC Gas for a new gas compressor plant at the Habshan ..Read More

Petrofac has secured a $330 million EPC contract from ADNOC Gas for a new gas compressor plant at the Habshan Complex in Abu Dhabi. This marks the third such contract for Petrofac at the site, and the project will help ADNOC Gas increase output to support the Ruwais LNG project. The project is set for completion in 2028.
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Kuwait

  •  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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UAE

  •  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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