Last week, Saudi Arabia’s (A1 stable) Ministry of Finance released its second-quarter budget performance report
Industry
KBR awarded PMC contract for Dalma and H&G islands projects for ADNOC
KBR, Inc. announced that it has been awarded a Project Management Consultancy (PMC) contract by Occidental of Abu Dhabi Ltd. on behalf of Abu Dhabi National Oil Company (ADNOC) for management of the Front End Engineering and Design Services (FEED) phase of the Dalma Gas Field Development and the Detailed Design and Surveys phase of the Hail & Ghasha Islands project in Abu Dhabi , United Arab Emirates
KBR to help in expanding Saudi Arabia’s localisation efforts
KBR, the US-based engineering, procurement and construction company, has signed a MoU with Saudi Aramco to expand KBRs services for Saudi Aramco and to support the Kingdom’s vision for boosting locally produced energy-related goods and services
Topaz Energy and Marine awarded US$100mn contract by Dragon Oil
Topaz Energy and Marine have announced a new US$100mn contract with Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC), in the eastern section of the Caspian Sea, offshore Turkmenistan
Gulf Petrochem Group closes US$150mn financing deal
Gulf Petrochem Group (GP), has successfully raised US$150mn from a group of international and local financial institutions based in the GCC