Wednesday 8 July 2015
 
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Iran's oil ministry to submit new international contract draft 'soon'

Iran's oil minister Bijan Zanganeh will soon present a long-awaited template for new international oil contracts to the government, as foreign companies watch for a nuclear deal that could allow them into a major untapped market.

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Qatar building boom a challenge for foreign firms

Qatar’s plans to splurge $200 billion on infrastructure as part of its 2030 development plan has lured foreign contractors to what promised to be big profits, but project delays and problems with contracts and bureaucracy have left many in

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Qatar building boom a challenge for foreign firms

Qatar’s plans to splurge $200 billion on infrastructure as part of its 2030 development plan has lured foreign contractors to what promised to be big profits, but project delays and problems with contracts and bureaucracy have left many in

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Farnek wins Dubai FM service contracts

Leading total facilities management company Farnek, has signed contracts with global database software leader Oracle and UAE-based Place Management, to provide cleaning, maintenance and support staff at key locations in Dubai, UAE.

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Damac awards $762m contracts in first 5 months

Leading luxury real estate developer Damac Properties said it has awarded more than Dh2.8 billion ($762 million) in construction contracts in the first five months of 2015. The awards include the main works packages on more than 1

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Drake and Scull wins $95m Oman contracts

Dubai engineering and construction firm Drake and Scull International (DSI) said its Omani unit has won mechanical, electrical and plumbing (MEP) contracts worth Dh350 million ($95.3 million) in the sultanate. As per the terms of

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Al Shafar UAE projects to be ready by 2016

UAE-based Al Shafar General Contracting Company (ASGC) said its existing projects with Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi Gas Development Company (Al Hosn Gas) are on track for completion by 2016. These projects

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Al Shafar UAE projects to be ready by 2016

UAE-based Al Shafar General Contracting Company (ASGC) said its existing projects with Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi Gas Development Company (Al Hosn Gas) are on track for completion by 2016. These projects

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Ammroc seals key commercial MRO contracts

Abu Dhabi-based Advanced Military Maintenance, Repair and Overhaul Center (Ammroc) has signed commercial maintenance, repair and overhaul (MRO) contracts with Etihad Flight College, a wholly-owned subsidiary of Etihad Airways, and Horizon Intern

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Kuwait awards $6bn contracts in Q1

Kuwait awarded KD1.8 billion ($6 billion) worth of contracts in the first quarter (Q1) of 2015, out of which a deal worth KD1.2 billion ($4 billion) for Phase One of the Lower Fars heavy oil handling facilities was awarded to UK-based Petrofac,

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