Emirates National Oil Company (ENOC Group) has signed a MoU with the Ministry of Community Empowerment to expand employment and professional development opportunities for eligible participants in the ministry’s empowerment and social welfare programmes.
Arabian Drilling, a leading Saudi oil and gas drilling contractor, said it has signed a SAR2 billion ($528 million) deal with Khafji Joint Operations (KJO) to provide four high-specification offshore jack-up drilling rigs. This four-year contract is the largest single offshore drilling award KJO has made to Arabian Drilling.
Shell Canada Energy has announced a final investment decision on LNG Canada Phase 2, an expansion that will double the facility’s production capacity in Kitimat, British Columbia. The project will add two LNG processing units, or trains, increasing total capacity from 14 million tonnes per annum (mtpa) to 28 mtpa.
SHARAKAT, a Saudi water-sector entity owned by the Ministry of Finance, has received five competitive bids for the development of the Riyadh East Independent Sewage Treatment Plant (ISTP).
Ecocoast has been appointed Xylem’s Authorised Systems and Service Partner for the GCC, integrating YSI and Aanderaa sensing technologies into its marine monitoring systems. The partnership will deliver real-time water quality, oceanographic and meteorological data, supporting earlier detection of oil spills and emergencies.
Brent crude hovered around $107 a barrel on Tuesday, extending gains as uncertainty over the US-Iran conflict and the future of the Strait of Hormuz continued to keep a substantial risk premium in oil markets.
Saudi Arabia has awarded China’s Gotion High-Tech 6 GWh of capacity under its first utility-scale battery energy storage programme, as part of the $1.16 billion G1 project, thus marking a major step in its drive to expand energy storage capacity and support its Vision 2030 energy transition goals.
The offshore drone industry is advancing quickly, with UAVs increasingly capable of handling inspection, monitoring, and logistics missions miles from shore. That expanding capability is driving growing investment in the technology.
The Saudi Power Procurement Company has prequalified 13 utility project developers including global players EDF, Kepco, Mitsubishi and Sumitomo as well as regional heavyweights Acwa and Taqa for the third round of Conventional Independent Power Producer (IPP) projects based on CCGT technology.
Trinasolar has earned a Silver Medal in the 2026 EcoVadis Sustainability Rating, ranking among the top 10 per cent of companies assessed worldwide. The solar and energy storage provider scored 77/100 overall, including 80 for Environment and 79 for Ethics.
