Wednesday 17 July 2019

Hyundai wins $2.7bn Saudi energy project deals

Hyundai Engineering & Construction (E&C) has secured a 3.2 trillion won ($2.7 billion) order from state oil giant Saudi Aramco to build gas and crude oil-processing facilities in the kingdom, said a report. The scope of work includes development of two major packages of a


Sherwin-Williams plays key role in Saudi refinery project

US-based Sherwin-Williams, a leader in general building materials industry, said it had played a major role in Saudi Aramco's Ras Tanura refinery project with the supply of its anti-corrosion Heat-Flex Hi-Temp 1200 solution. Sherwin-Williams said Heat-Flex Hi-Temp 1200 was ch


Arkema to further extend its presence in Saudi Arabia

Arkema has completed the acquisition of ArrMaz, a global leader in speciality surfactants for crop nutrition, mining and infrastructure markets with a strong presence in Saudi Arabia.    Thanks to this acquisition, Arkema will support the development of its


SPSP signs MoU with IFP for ACT Eng Programme

Saudi Petroleum Services Polytechnic (SPSP) has signed a memorandum of understanding (MoU) to start ACT Eng programme to train and certify young Saudi engineers with IFP, a French institute which is a subsidiary of the IFP group that was created in 1975 to develop the skills of oil and gas pr


Russia and Adnoc discuss cooperation in LNG projects

Russian Energy Minister Alexander Novak and UAE’s minister of state Dr Sultan Ahmed Al Jaber, who also runs the Abu Dhabi National Oil Company (Adnoc), discussed cooperation in LNG projects at a meeting in Moscow, the energy ministry said.    Adnoc is


McDermott clinches $1.5bn Saudi Aramco project contract

McDermott International has been awarded a contract in excess of $1.5 billion for Package 4 of Saudi Aramco's Marjan Increment Development Project to provide engineering, procurement, construction and installation (EPCI) of offshore gas facilities and pipelines.  


Saipem secures $3.5bn Saudi Aramco gas field projects

Italian construction major Saipem said it has secured two projects worth over $3.5 billion, encompassing engineering, procurement, construction and installation (EPCI) services, from Saudi Aramco. The projects have been awarded to the Onshore E&C division of Saipem and involv


NESR wins multiple deals from Bahrain's Tatweer Petroleum

US-based National Energy Services Reunited Corporation (NESR) has announced that it has won multiple contracts for well intervention services from Bahrain’s Tatweer Petroleum. One of the largest national oilfield services providers in the Mena and Asia Pacific regions, NESR


Global oilfield chemical market set to hit $34bn by 2025

The global oilfield chemical market is expected to reach $33.94 billion by 2025, with a steady compound annual growth rate (CAGR) of 5.1 per cent between 2018 and 2025, according to a recent market analysis by Frost & Sullivan, a research and consulting firm. The latest analy


Enoc opens new service station in Fujairah

Emirates National Oil Company (Enoc) Group has opened a new service station in Fujairah, UAE, in line with its plans to expand its network to 191 stations in the UAE by the end of 2020. The Al Faseel service station will be Enoc’s ninth station in Fujairah since the first s

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