KBR has secured a project from Aramco to support the upgrade of facilities across the Marjan offshore field in the Arabian Gulf. Under the contract, KBR will provide engineering and project execution services for key offshore processing, gas compression and power infrastructure.
Tecnimont, a leading global contractor for highly complex plants based in Italy, and Consolidated Contractors Company (CCC), a major construction company in the Middle East, have signed a major construction contract with Saudi oil giant Aramco for its Safaniyah Water Injection Project.
Southeast Asia faces growing energy security risks as rising demand, increased fuel imports and increasingly interconnected energy systems leave the region more exposed to supply disruptions and price volatility, according to a new review by the International Energy Agency (IEA).
Baker Hughes has signed two strategic agreements to support Venezuela’s energy infrastructure and production growth. The deals include an alliance with PDVSA, Lindsayca and Fulcrum LNG to develop natural gas infrastructure, alongside a memorandum with New Stratus Energy targeting future oil and gas prospects.
Bahrain’s Minister of Oil and Environment and Special Envoy for Climate Affairs, Dr. Mohammed Bin Dinah, stressed the importance of closer GCC coordination on oil and energy policies to safeguard global energy security and market stability amid rapid economic, technological and geopolitical changes.
Oil prices edged lower in early Asian trading on Tuesday (October 6), with Brent crude futures slipping 4 cents to $100.28 a barrel, while US West Texas Intermediate crude futures fell 11 cents, or 0.1%, to $89.33 a barrel.
Dubai Airports’ first ESG Impact Report highlights measurable sustainability progress across DXB and DWC, including a 144.72 GWh reduction in electricity consumption, a 45 MWp rooftop solar programme and the introduction of a 5% biodiesel blend across airport and partner vehicle fleets as operations continue to expand.
Global oil inventories have depleted to "scarily thin" levels, and rebuilding the world's energy buffers could take up to two years once vital shipping lanes reopen, Saudi Aramco President and CEO Amin Nasser warned Monday.
Stopping new plastic from entering the oceans is essential but will not be enough to prevent the continued accumulation of microplastics, according to a new study by researchers from Ritsumeikan University and international partners.
Nigeria has commercially launched a $300 million Distributed Renewable Energy (DRE) Fund to finance mini-grids, solar home systems, energy storage and other decentralised power projects for communities and businesses with unreliable or limited access to the national grid.
