Petrofac has been awarded a contract worth US$115mn for the development of the Qarn Alam Co-Generation Project, located 350 kilometres southwest of Muscat, Oman
Petrochemicals
GCC petrochemical companies report higher earnings
Borouge, Khalifa Industrial Zone Abu Dhabi (KIZAD), National Industrialisation Company (Tasnee) and Oman Oil Refineries and Petroleum Industries Company (Orpic) have announced their association with ArabPlast 2019, taking place from 5-8 January at Dubai International Convention and Exhibition Centre
SPARK creates new era of growth in Saudi Arabia’s energy sector
Mohammed bin Salman bin Abdulaziz, crown prince of Saudi Arabia, has inaugurated the 50-sq km King Salman Energy Park (SPARK), located in the kingdoms eastern province
ENOC to build 45 new service stations in Saudi Arabia
The UAE-based ENOC Group has announced major expansion plans to build 45 new service stations in Saudi Arabia over the next five years
ADNOC awards China ZhenHua four per cent interest in onshore concession
The Abu Dhabi National Oil Company (ADNOC) announced that the four per cent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a subsidiary of China ZhenHua Oil Co Ltd
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