vEnerMech secured a five-year contract extension with North Oil Company (NOC) to provide leak testing and flan ..Read More

vEnerMech secured a five-year contract extension with North Oil Company (NOC) to provide leak testing and flange management services at Qatar's Al Shaheen Oil Field, reinforcing their relationship since 2017. The contract includes bolt tensioning, torquing, pipe freezing, and training, leveraging EnerMech’s in-depth knowledge of NOC’s assets. CEO Chuck Davison and Regional Director Dan Collins highlighted the Qatar team’s expertise and commitment, positioning EnerMech for continued growth in the region.
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• Oil & Gas

Baker Hughes signed an MoU with Kuwait Oil Company (KOC) to establish a research and development center in Kuw ..Read More

Baker Hughes signed an MoU with Kuwait Oil Company (KOC) to establish a research and development center in Kuwait, focusing on optimizing production using artificial lift, chemicals, and digital technology. The collaboration aims to address KOC’s technology challenges, develop national research capabilities, enhance local expertise, and promote economic growth and employment. Baker Hughes expressed pride in contributing to the progress of Kuwait’s oil and gas industry.
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• Oil & Gas

Oman LNG signed a 10-year Sale and Purchase Agreement (SPA) with Switzerland-based Mercuria to supply 800,000 ..Read More

Oman LNG signed a 10-year Sale and Purchase Agreement (SPA) with Switzerland-based Mercuria to supply 800,000 metric tonnes of LNG annually on a Free on Board (FOB) basis, starting in April 2025. This partnership reinforces Oman LNG’s role in ensuring reliable global energy supplies and supports Oman’s economic growth. The agreement also strengthens Mercuria’s position in the LNG trading sector, enhancing its ability to meet rising global energy demands.
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• Oil & Gas

ADNOC Gas UAE signed a 14-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil) ..Read More

ADNOC Gas UAE signed a 14-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil) to export up to 1.2 million tonnes of LNG annually, valued between $7 billion to $9 billion, with deliveries starting in 2026. This agreement strengthens UAE-India energy ties and supports India’s goal to increase gas usage to 15% of its energy mix by 2030. The LNG will be supplied from ADNOC Gas’ Das Island facility, which has a production capacity of 6 mtpa and has shipped over 3,500 cargoes globally.
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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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• Oil & Gas

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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• Oil & Gas

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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• Oil & Gas

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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