Consulting firm McKinsey said that digital technologies are set to help energy companies cut costs
Exploration & Production
KBR gets contract to develop Iraq oilfield
Energy services company KBR Inc said it was awarded a contract by Basra Oil Company (BOC) to develop the Majnoon Oil Field in Basra
Total and Sonatrach to launch engineering studies for a petrochemical project in Arzew
As part of the comprehensive partnership announced in 2017, Total has signed an agreement with Sonatrach to launch the engineering studies for a petrochemical project in Arzew, western Algeria
TAQA reports 42 per cent jump in Q1 net income
Abu Dhabi National Energy Company PJSC (TAQA) reported a jump in net income for the first quarter on the back of climbing oil prices and cost cuts
Aramco signs purchase agreements worth US$6.93bn
Saudi Aramco has awarded purchase agreements worth about US$6.93bn to 16 Saudi pressure vessel makers as part of its efforts to boost the domestic private sector and create jobs