Saudi oil company named world’s most profitable business.
Saudi Arabia’s state oil company has emerged as the most profitable business in the world, racking up profits of $111.1bn
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OIL & GAS News
KNPC plans to put 25 projects for ‘bidding’ during fiscal 2019/2020.
The Kuwait National Petroleum Company (KNPC) plans to put 25 projects under the company’s bidding plan for the current fiscal
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KUFPEC subsidiary signs new exploration deals in Pakistan
Kuwait Foreign Petroleum Exploration Company’s (KUFPEC) Pakistan subsidiary Kirthar Pakistan BV (KPBV) yesterday signed petroleum exploration license and petroleum concession
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Bilfinger Middle East wins three contracts from Adnoc in Q1 2019
The Abu Dhabi National Oil Company (Adnoc) has announced that it has awarded German construction company Bilfinger three separate projects
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Aramco plans to buy Shell’s stake in Saudi refining JV.
Saudi Aramco plans to buy Royal Dutch Shell’s 50 percent stake in Saudi refining complex SASREF, a joint venture between
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KOC in final consultations to launch ‘solar energy’ project
The Kuwait Oil Company (KOC) is holding final consultations to launch the long-awaited project to generate power through solar energy
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Saudi Aramco team in Pakistan for talks on first LNG deals.
A delegation from the world’s largest crude oil producer, Saudi Aramco, is in Pakistan for discussions on what would be
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One of the biggest projects in history of Kuwait to cost $46 billion.
The committee formed by the Council of Ministers, discusses, studies and looks into the implementation of four or five large
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India’s L&T wins Kuwait Oil Co contract worth up to $720m.
Engineering giant says its ‘large’ contract for the 145km gas pipeline is classified as one worth between $360m and $720m
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Saudi-led group offers lowest price to build gas pipeline in Bulgaria.
A consortium of Saudi Arabia’s Arkad Engineering and a Milan-based Arkad-ABB joint venture has filed the lowest bid to build
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Aramco agrees $69bn SABIC purchase in Saudi deal of the decade..
Saudi Aramco has agreed a $69.1 billion deal to acquire a majority stake in SABIC, the region’s biggest petrochemical company.It
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ADNOC says first phase of world’s largest underground crude facility is complete.
Abu Dhabi National Oil Company (ADNOC) has announced that phase one of the ADNOC Fujairah Underground Storage project, involving the
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Kuwait Petroleum Corp ‘reassessing’ $500bn project investment plan.
Kuwait Petroleum Corporation (KPC) is reportedly “reassessing” its plan to invest $500bn (KWD151.9bn) in capital projects till 2024. KPC, both
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Qatar Petroleum, Exxon Mobil to build $10 bn LNG plant in Texas.
Qatar Petroleum and Exxon Mobil announced Tuesday a final decision to build a natural gas export facility in Texas, giving
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Russia plans to invest $14b in Pakistan’s energy sector
Russia has come up with an integrated investment package of $14 billion for the energy sector in Pakistan.During a recent
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