Industrial Insights
Industry developments, technical guidance, product knowledge and procurement insights for contractors, EPC teams and industrial buyers.
PTAS Aker Solutions Awarded Two-Year Contract Extension by Brunei Shell Petroleum
PTAS Aker Solutions has secured a significant two-year contract extension to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP). The extension is a result of the customer…
Wood Awarded PMC Contract by TA’ZIZ for UAE’s First Methanol Plant in Al Ruwais
Wood has secured a contract from TA’ZIZ to provide project management consultancy (PMC) for the development of the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi. Construction…
GE Vernova Secures Order for Five 7H-Class Gas Turbines from Técnicas Reunidas and Orascom Construction
GE Vernova has announced that it has secured an order for five 7H-Class gas turbines – three 7HA.03 and two 7HA.02 units from Técnicas Reunidas and Orascom Construction (TR &…
Wood Secures $100 Million of Awards to Reduce Gas Flaring in Iraq
Wood has secured a series of decarbonisation contracts worth $100 million to deliver flare gas reduction and carbon efficiency solutions across Iraq’s largest oil fields. Under these contracts, Wood will…
ADNOC Drilling Wins $1.15 Billion Contract for Two Jack-Up Rigs
ADNOC Drilling Company PJSC has announced that the award of a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore in support of its growing offshore operations. The…
Kent and NESMA JV Win Major Aramco Contract for Energy Infrastructure in Saudi Arabia
NesmaKent Energy Company (NKJV), a pioneering joint venture between Nesma & Partners (N&P) and Kent, has signed a strategic contract with Aramco to lead the commencement of phase one of…
Daewoo E&C Wins $784 Million Fertilizer Plant Contract in Turkmenistan
Daewoo E&C announced that it had signed a contract with Turkmenhimiya, the state chemical corporation of Turkmenistan, to build a $784 million (approximately KRW 1.081 trillion) phosphate fertilizer plant in…
Kuwait's KUFPEC Wins Approval for $1.54B Anambas Gas Project
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has secured approval for its development of the Anambas block in Indonesia, where it aims to acquire more projects, officials said. KUFPEC will…
Aramco Signs $90B in MoUs with US Companies
Aramco has announced the signing of 34 Memoranda of Understanding (MoUs) and agreements, with a potential total value of approximately $90 billion, with major US companies, through its Aramco Group…