Global energy technology company SLB has announced that it has secured a major EPC contract from Omani group OQ Exploration & Production (OQEP) for the expansion of the sultanate's Bisat-B Production Facility. The entire project is scheduled for completion within 19 months.
The Trans-Arabian Pipeline (Tapline) played a key role in strengthening Saudi Arabia’s position in global energy markets, while laying the foundations for cities and communities that grew along its route.
Tecnimont, a leading global contractor for highly complex plants, has joined hands with ADNOC Gas for the groundbreaking of its $4.3 billion Rich Gas Development Phase 3 Project in Abu Dhabi. Once completed in 2030, the plant will reach an output capacity of 8 million tonnes per year.
QYSEA Technology has signed a strategic cooperation MoU with Aramco, marking a new stage in the company's commitment to advancing underwater intelligence and strengthening local service capabilities in the Kingdom.
Navitas Petroleum has assumed operatorship of Block 1 CBK offshore South Africa following regulatory approval from the South African government and the completion of a farm-down by Eco (Atlantic) Oil & Gas.
Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, has announced its role as Co-Financial Adviser on the close of a ₦728.9 billion ($550 million) Series 2 power sector bond issued by NBET Finance Company under Nigeria’s Presidential Power Sector Financial Reforms Programme (PPSFRP).
Russia’s total gas production rose 3.4 per cent year-on-year to 446.5 billion cubic meters (bcm) in the first eight months of 2026, according to federal statistics service Rosstat.
South Korea plans to reduce its reliance on Middle Eastern crude oil to 50 per cent by 2035, as Seoul seeks to diversify energy supplies following regional disruptions. The government’s 10-year resource security plan calls for a major transformation of supply chains.
GE Vernova has announced that it has signed a services agreement with the affiliates of the Egyptian Electricity Holding Company to provide Rotor Life Extension (RLE) solutions for five of its 9F gas turbines located at the Cairo North power plants in Egypt.
Sulzer has supplied its DEVO purification technology to BeyondPoly’s Version 2.0, 100,000-tonne-per-year polyolefin elastomer (POE) plant in China, supporting production of a material increasingly used in solar panels, electric vehicles, energy storage systems and other advanced manufacturing applications.
