Friday 19 April 2024
 
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hydrocarbon projects

UAE hydrocarbon projects seen hitting $11bn

A total of $11 billion worth of hydrocarbon contracts across 27 projects will be awarded in the UAE over the next 12 months – the same value of projects as 2013, a report has forecasted. Following the boom that 2013 saw, the

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30pc hydrocarbon projects in Gulf 'put on hold'

About 30 per cent of the upcoming 578 hydrocarbon projects in the GCC countries have been put on hold or cancelled, said a new report. Of the remaining projects, about 30 per cent is currently under construction, while the other 40 per cen

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