Shuaa Capital Saudi Arabia has joined hands with Gate Capital Financial Services, an established financial advisory firm, for launch the first of its kind alternative investment fund dedicated to the consolidation of the fuel retail sector in the Kingdom of Saudi Arabia (KSA).
In 2025, Endress+Hauser generated over €4 billion ($4.7 billion) in sales for the first time. Its successful integration of sensor manufacturer SICK’s gas analysis and gas measurement technology enabled good growth.
Saudi Energy and Kraken signed agreements to form a Riyadh-based joint venture, accelerating digital transformation across energy and utilities in Mena, leveraging Kraken’s AI-powered operating system for utilities.
Oil prices extended their decline on Wednesday, as cautious optimism over a possible resumption of US-Iran talks eased immediate supply fears, even as underlying risks from the ongoing conflict continued to cap losses.
Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a key contract worth KD174.2 million ($563 million) from Kuwait Oil Company (KOC) for the construction of flowlines as well as other associated works at its project site in Kuwait.
Japan’s greenhouse gas emissions fell 1.9 per cent in fiscal 2024, ending March 2025, marking a third consecutive annual decline and the lowest on record, driven by reduced manufacturing energy use and increased renewable and nuclear power generation.
QatarEnergy, as a shareholder in TotalEnergies E&P Congo (TEPC), announced a hydrocarbon discovery in the MHNM-6 NFW well of the Moho G structure in Congo, part of the country’s Moho offshore exploration and production license.
bp has agreed to acquire a 60 per cent interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of bp’s strategy to grow its upstream portfolio.
Mammoet and ULC-Energy have entered into a cooperation agreement to streamline the construction of nuclear power facilities in the Netherlands.
Gas and oil sites are among the most vital and high-risk pieces of critical infrastructure. This is especially true for the Mena region, which produces 30 per cent of the global oil supply and 17 per cent of the global gas supply, while having to account for active security risks and vulnerabilities that most of the world never considers.
