Abu Dhabi National Oil Company (ADNOC) has reshuffled its leadership, in the first major shakeup since the appointment of Sultan Ahmed Al Jaber as its chief executive in February this year
Industry
Khalid al-Falih is Saudi Arabia’s new energy minister
Saudi Arabia recently appointed Khalid al-Falih, chairman of the state oil giant Saudi Aramco, as its new energy minister, replacing Ali al-Naimi, who had held the post since 1995
McDermott awarded offshore EPCI projects in GCC
McDermott International, a leading provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide, has been awarded three separate projects by a major national oil company for EPCI services in multiple fields in the GCC
Penspen to upgrade ADNOC’s terminals and depot facilities in UAE
Penspen has signed an agreement with ADNOC Distribution to provide detailed engineering services for the modification and upgrade of various terminals and depot facilities in the UAE
Oman to build oil storage terminal near Duqm port
Oman will build a major oil storage terminal on its southeastern coast, spending between US$300mn and US$400mn on the first phase, minister of oil and gas Mohammad bin Hamad al-Rumhy said