NEWS

November 21, 2020

Trump aide arrested for acting as foreign agent for UAE

Thomas Barrack and two other men are accused of unlawful efforts for advancing the interests of the UAE

Opec+ reaches deal to increase oil production

Alliance members also agree to increase baseline production levels from May 2022, effectively ending the UAE-Saudi standoff

Brooge prepares to commission second expansion phase

Fujairah-based BPGIC’s oil storage capacity will more than double to 1 million cubic metres upon completion of the second phase of its expansion project

Adnoc in negotiations for Asab field project

Commercial bids for the Asab phase two stage two project were submitted in March

Riyadh issues Rabigh water request

Saudi Arabia has awarded five independent water project contracts since 2018

Qatar receives bids for Chinese bus plant

A design and build contract is planned to be awarded for the free zone project

Kuwait brings $2.9bn LNG import facility online

Al-Zour liquefied natural gas import terminal receives first shipment from Qatar

Basrah Gas Company secures payment deal

Agreement with Iraqi government seeks to reduce risks associated with payments for the gas producer

Saudi Arabia seeks Mecca reservoir interest

Saudi aims to increase municipal water storage capacity to seven days by 2030

Contractors prepare Neom office bids

The contract is one of the latest civil works packages tendered for the $1.9tn project