Aramco’s In-Kingdom Total Value Add (iktva) programme has reached 70 per cent local content and aims for 75 per cent by 2030. Since inception, iktva has contributed over $280 billion to Saudi Arabia’s GDP, driving industrial growth, economic diversification, and long-term fiscal resilience.
Worley, a leading Australian engineering company, has announced that it has been awarded a major contract by Samsung C&T Corporation to deliver detailed engineering services for the QatarEnergy's LNG Carbon Dioxide Sequestration Project, a CO2 LNG sequestration project for the gas-rich nation.
Adnoc Logistics & Services (Adnoc L&S) posted strong Q4 2025 and record full-year results, with $5.016 billion revenue—a 41 per cent increase—driven by market demand and operations. Over 60 per cent of combined revenue with AW Shipping comes from long-term, recurring contracts, boosting earnings visibility and market resilience.
The Endress+Hauser Group is advancing its generational transition, with changes at both the Executive and Supervisory Board levels.
Alparslan Bayraktar, Turkish Minister of Energy and Natural Resources, discussed potential cooperation opportunities with Fatih Birol, Executive Director of the International Energy Agency (IEA), within the scope of the COP31 climate conference which Turkey is hosting later this year.
Acwa, a leader in energy transition, has been awarded the King Khalid Sustainability Award, receiving special recognition for achieving the highest rating in the social criterion. This accolade followed a multi-month evaluation process, including a comprehensive audit of company data and sustainability reports from the previous year.
E-world energy & water 2026 opened at Messe Essen with over 1,100 exhibitors from Germany and abroad, showcasing solutions across the energy sector, including generation, trading, grids, metering, AI, digital platforms, hydrogen, storage, electromobility, energy efficiency, and climate protection.
Wood has secured a 16-month contract extension with Shell UK to provide technical personnel and engineering support across key Southern North Sea assets. More than 150 specialists will support the Leman and Sole Pit platforms, associated NUIs, the Kroonborg W2W vessel, and Bacton Gas Plant.
Dubai Electricity and Water Authority (Dewa) has announced that it has delivered the strongest financial and operational performance in its history for the full year 2025, recording a net profit after tax of AED9.1 billion ($2.5 billion) and a consolidated revenue of AED32.84 billion ($8.9 billion).
Emirates Petroleum Company (Emarat), a pioneer in the UAE’s oil and gas industry, has appointed Burhan Al Hashemi as its new CEO. Burhan brings three decades of experience in the downstream energy sector, with expertise spanning aviation fuels, lubricants, gas and marine fuel supply.
