Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

Valvitalia secures $30m valve contract for major US pipeline project

Mon, 06 Jul 2026

Valvitalia Group has secured a contract worth approximately $30 million to supply valves for the Desert Southwest pipeline, one of the largest energy infrastructure projects currently under development in the southwestern US.

Energy, Oil & Gas

Worley secures five-year Aramco deal for Saudi energy projects

Mon, 06 Jul 2026

Worley has secured a five-year agreement among 11 contractors selected by Aramco to support major Saudi projects, delivering energy infrastructure, consultancy services, and digital solutions across engineering, construction, and talent development.

Energy, Oil & Gas

Fulkrum achieves record Q1, plans to double workforce in region

Mon, 06 Jul 2026

Fulkrum, a global leader in inspection, expediting, auditing, asset integrity management and technical staffing services, has announced significant growth and investment in its Middle East operations, delivering record Q1 performance and expansion with plans to double its workforce in the region in 2026.

Energy, Oil & Gas

New lightweight hybrid pipe unlocks restricted ultra-deepwater oil reserves

Mon, 06 Jul 2026

A hybrid flexible pipe is set to transform ultra-deepwater exploration by reducing top tension weight by 40 per cent, unlocking previously inaccessible reserves. The noncorrosive system combines metallic tensile wires and thermoplastic composite pipe to improve flow, durability and deployment flexibility across standard vessels.

Energy, Oil & Gas

Qatar launches new framework for industrial resource allocation

Mon, 06 Jul 2026

Qatar’s Ministry of Commerce and Industry (MoCI) and QatarEnergy have signed Terms of Reference to establish a joint framework for allocating hydrocarbon-derived resources to industrial projects and supporting a new medium industries area in Mesaieed Industrial City.

Energy, Oil & Gas

Adnoc launches global LNG marketing, trading platform

Mon, 06 Jul 2026

Adnoc has launched a global LNG marketing and trading platform in Abu Dhabi Global Market (ADGM), integrating Adnoc Gas, XRG and Adnoc Trading to strengthen operations. The platform boosts flexibility, shipping optionality and customer access, supporting LNG expansion including the Ruwais project.

Energy, Oil & Gas

Action Energy, Kellton form GCC AI joint venture

Mon, 06 Jul 2026

Action Energy Company (AEC) and Kellton have launched a GCC joint venture to deliver AI-powered digital oilfield and IT solutions. The partnership will roll out Kellton’s OPTIMA platform, beginning in Kuwait before expanding to Qatar, Saudi Arabia, the UAE and Oman.

Energy, Oil & Gas

Iraq signs management contract with Halliburton for two oil fields

Mon, 06 Jul 2026

The Iraqi Ministry of Oil has signed a five-year integrated management contract with the US energy services company Halliburton for the development of the Bin Umar and Sindbad oil fields in Basra governorate.

Energy, Oil & Gas

Expert-led panel to shape Sustainability Forum Middle East's January 2027 edition

Mon, 06 Jul 2026

Sustainability Forum Middle East (SFME) has announced the members of its Advisory Committee, which will help shape the forum's 5th Edition, taking place on January 26 and 27, 2027 in Bahrain.

Energy, Oil & Gas

Opec+ agrees to boost oil output by 188,000 bpd in August

Sun, 05 Jul 2026

Seven Opec+ members have agreed to raise oil production by 188,000 barrels per day in August 2026 as part of a gradual adjustment to the additional voluntary output cuts introduced in April 2023.