APICORP forecasts MENA energy spend at US$1 trillion over next five years

port arthur 1584098 640Planned and committed energy investments will amount to US$1 trillion in the MENA region over the next five years, according to the Arab Petroleum Investments Corporation (APICORP), a multilateral development bank

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Deloitte to become certifying body for ADNOC’s ICV programme

Partners 2019 04 22Management consulting firm Deloitte has signed a Memorandum of Understanding (MoU) with ADNOC to become one of the certifying bodies (CBs) of ADNOC for its In-Country Value (ICV) programme

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Investment firm to acquire UAE’s oil storage company for US$1bn

bpgic fujeirah oil portTwelve Seas Investment Company has announced that it will acquire a 100 per cent share of the UAE-based Brooge Petroleum and Gas Investment Company (BPGIC)

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Saudi Aramco’s bond debut inspires confidence for global expansion: GlobalData

2149895548 4b764b11cb zSaudi Aramco’s bond debut is intended to inspire confidence as the company fires up global expansion strategy, according to data and analytics company GlobalData

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BP, Schneider Electric sign five-year global frame agreement

29750453243 0e3ab14a41 zBP, an energy producer, has selected Schneider Electric, a digital transformation of energy management and automation provider, as one of its main electrical contractors (MEC) in a five-year global framework agreement

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