FID on the project is expected this year. (Image source: ADNOC)
ADNOC has issued an early EPC contract for its LNG project in Ruwais Industrial City, Abu Dhabi
ADNOC issues early EPC contract for the Ruwais LNG project
Industry
Aramco reports healthy profits and increased dividends in 2023 full-year results
Amin H. Nasser, CEO Aramco. (Image source: Aramco)
Aramco has reported profits of $121.3bn for 2023 in its full year results, the second-highest in its history, and a 30% rise in dividends
malomatia and JAGGAER collaborate to optimise supply chain processes
The signing ceremony. (Image source: JAGGAER)
malomatia, the leading system integrator in Qatar, is expanding its partnership with JAGGAER, a global leader in spend management solutions, to streamline and optimise procurement and supply chain processes, particularly within Qatar's oil and gas, energy and utilities sector
WIKA commissions new plant in Saudi Arabia
The factory enables WIKA to enhance its service to customers in Saudi Arabia and in the region. (Image source: WIKA)
The WIKA Group, a leading global player in industrial measurement technology, commissioned a new plant with state-of-the-art production facilities in Dammam, Saudi Arabia on 29 February
OPEC+ extends production cuts to shore up oil market
The eight OPEC+ countries will extend production cuts into Q2 2024. (Image source: Adobe Stock)
The eight OPEC+ countries that pledged last November to implement voluntary production cuts totalling 2.2mn bpd for the first quarter of 2024 have agreed to extend the cuts until the end of Q2 this year, in a bid to support a balanced oil market
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