Friday 29 March 2024
 
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energy projects

Blackstone sets up new company to develop Mena projects

Private equity giant Blackstone has launched a new company to develop energy-related projects in the Middle East and North Africa (Mena) and the neighbouring regions. Zarou will be responsible for development, finance, constructio

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Blackstone sets up new company to develop Mena projects

Private equity giant Blackstone has launched a new company to develop energy-related projects in the Middle East and North Africa (Mena) and the neighbouring regions. Zarou will be responsible for development, finance, constructio

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UAE leads Gulf foray into $165bn Caspian Sea market

The UAE is spearheading the Gulf region’s push into the Caspian Sea states as Azerbaijan, Kazakhstan and Turkmenistan offer an increasingly attractive proposition to companies affected by the slowdown in oil and gas projects activity proje

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Iran energy projects may draw up to $80bn in FDI

Iran's energy projects are likely to attract foreign investments worth $50 billion-$80 billion in the near future, a report said. Hossein Zamani-Nia, Deputy Oil Minister added $10 billion in foreign investment will pertain to

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Saudi Arabia inaugurates five big energy projects

Saudi Arabia has launched five mega oil and gas projects - Wasit Gas Plant, Manifa oilfield, Shaybah natural gas liquids, Shaybah oil increment, and Khurais oil increment - in line with the kingdom’s development objectives outlined by Visi

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Saudi Arabia inaugurates five big energy projects

Saudi Arabia has launched five mega oil and gas projects - Wasit Gas Plant, Manifa oilfield, Shaybah natural gas liquids, Shaybah oil increment, and Khurais oil increment - in line with the kingdom’s development objectives outlined by Visi

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Kuwait plans $115bn investment in oil projects

Kuwait plans to invest KD34.5 billion ($115 billion) on oil projects over the next five years, Arab News quoted a senior executive as saying. “We have earmarked 34.5 billion dinars for spending on oil projects over

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Iraq’s energy sector projects top $90bn

Iraq remains the Gulf’s third-largest project market with $358bn in active infrastructure projects, out of which more than $90 billion are in the gas, oil, and power sectors, according to experts. Over the past three years I

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Italy to boost Egypt energy projects

Italy will upgrade the Middle East Oil Refinery (Midor) in Egypt and support building a complex for petrochemical industries in Ain Sokhna, a report said. It will update a number of combined-cycle power plants, added the Daily

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Kuwait awarded $20bn energy project deals in 2015

Kuwait has awarded KD9.7 billion ($32.2 billion) worth of project contracts in 2015, up 20 per cent over the previous year, said a report. Of this, over half of the contracts signed are related to the oil and gas sector, as Kuwait

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