Africa requires an estimated $375 billion over the next 10 to 12 years to adequately fund upstream and midstream gas development across the continent, according to non-profit organisation the Society of Petroleum Engineers (SPE).
Fluor Corporation announced that Fluor, with its Joint Venture partner JGC Corporation, has completed Train 2 of the LNG Canada Project, marking the completion of the first phase of Canada’s first LNG mega-project in Kitimat, British Columbia, Canada.
The Lycée Français International Georges Pompidou (LFIGP), an UAE educational institution with campuses in Academic City and Oud Metha, has partnered with ENGIE Solutions Middle East to elevate its facilities management capabilities and reinforce its commitment to providing world-class learning environments for students.
Oman unveiled its first fully locally designed, engineered, manufactured, and tested Thermal Oxidiser, marking a major industrial milestone. Built for Egypt’s Meliha Gas Processing Plant with SLB, it was produced by Majees Industrial Services under the FLAROMAN brand to support regional energy projects and innovation.
IAN, the wholly-owned renewable energy arm of AG Holding, a prominent UAE Holding Company and a family office, has entered into a strategic distribution agreement with China-based DMEGC Solar, marking DMEGC’s first official expansion into the GCC region.
ExxonMobil, Aramco and Samref have signed a Venture Framework Agreement (VFA) to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex.
Uzbekistan’s President Shavkat Mirziyoyev inaugurated the Nur Bukhara project, the nation’s first utility-scale solar and battery installation by Masdar, and also broke ground on Masdar’s 300 MW solar and 75 MWh storage project in Guzar during a ceremony in Tashkent.
Oman's oil exports recorded a slight increase of 0.1 percent by the end of October 2025, reaching 256,557,800 barrels, compared to 256,318,800 barrels during the same period in 2024.
Oman's production of natural gas—including domestic production and imports—witnessed a growth of 0.8 percent, reaching 47.5026 billion cubic meters by the end of October 2025, compared to 47.1055 billion cubic meters during the same period in 2024.
Leading global players including Germany's Siemens Energy and Japanese groups - Hitachi Energy, Toshiba Power Systems and Mitsubishi - have been awarded key operation and maintenance contracts related to 132/300/400 kV substations in Kuwait.
