Leading Spanish group Técnicas Reunidas has announced that it has secured two major contracts from a national oil company in the Middle East region to provide engineering, procurement, and construction (EPC) services for upstream oil and gas production facilities.
Bahrain's Electricity and Water Authority (EWA) has announced that it has received bids from two leading utility developers - Saudi Arabia's Acwa and Abu Dhabi National Energy Company (Taqa) - for the multimillion-dollar Sitra Independent Water and Power Project being set up in the kingdom on a build-own-operate model.
Fifty-four people have been injured while 18 are missing after an explosion at Qatar's core LNG processing site of Ras Laffan on Sunday, said media reports citing QatarEnergy officials. The blast happened during start-up operations due to a "technical accident" at the Barzan gas supply facility.
Oil prices surged on Monday after US President Donald Trump threatened renewed military action against Iran and warned that Washington could "take over" the Strait of Hormuz if ongoing negotiations with Tehran fail, reigniting concerns over global energy supplies.
QatarEnergy said an operational incident during the start-up of operations at Ras Laffan Industrial City triggered an explosion and fire at the Barzan local gas supply facility on the evening of June 21.
Europe will need a major expansion of carbon dioxide (CO2) transport infrastructure, including a dedicated fleet of around 65 CO2 carriers and 33 ports, to support its carbon capture, utilisation and storage (CCUS) ambitions by 2050, according to a new industry report.
VA Tech Wabag, a leading multinational water technology company based in India, has announced that its joint venture with Heavy Engineering Industries & Shipbuilding Company (Heisco), has secured a contract worth KD114.3 million ($372 million) for a SWRO desalination plant in Kuwait.
Iraq is preparing to expand crude oil and naphtha exports through Syrian ports as it moves to diversify trade routes after the Iran war disrupted its main Gulf shipping channels and effectively closed the Strait of Hormuz.
Brazilian state oil company Petrobras has approved a $1.2 billion investment to build a renewable fuels plant producing sustainable jet fuel (bioQAV) and renewable diesel, according to a securities filing.
The $11bn SunZia wind farm and transmission line in New Mexico is now fully operational after nearly 20 years of development. The 3,650 MW project will power around 1 million homes across Arizona and California.
