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Industry

The opening of the new facility. (Image source: Tenaris)

Tenaris, a leading global steel pipe manufacturer and supplier, has inaugurated its new Abu Dhabi industrial complex, Etihad Tubulars, in support of the Make it in the Emirates initiative and its partnership with ADNOC 

ADNOC Gas has allocated US$1.3bn for contracts to expand the natural gas pipeline network. (Image source: Adobe Stock)

ADNOC Gas delivered a strong financial performance in Q4 2023, seeing net income rise 24% year-on-year to US$1,345mn and net income for FY 2023 amounting to US$4,720mn

The facility was inaugurated in the presence of HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy (third from left); His Excellency Eng. Khalid Al-Falih, Minister of Investment (left) and His Excellency Mr. Bandar bin Ibrahim AlKhorayef, Minister of Industry & Mineral Resources (fourth from left). (Image source: Baker Hughes)

Baker Hughes, an energy technology company, and Dussur, owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation), have inaugurated the Saudi Petrolite Chemicals facility, a chemicals manufacturing facility focused on providing oilfield, power generation and industrial chemicals in The Kingdom of Saudi Arabia

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