ENOC Group, a leading integrated global energy player, and Maersk Training, a global training provider, signed a Memorandum of Understanding (MoU) to upskill future workforce to support the energy economy. The agreement, which was signed at the ENOC Headquarters in Dubai, aims to...
Abdulrahman Al Seiari, ADNOC Drilling's CEO, today said that the company will continue its strategic plans during 2024, with its plans for further fleet expansion, decarbonisation initiatives, its newly created joint venture (JV) with Alpha Dhabi, and regional expansion. In a statement to the...
: 7th of February will mark the historic inauguration of OQ8, the largest investment of its kind between two Gulf countries represented by OQ – the global integrated energy group – and Kuwait Petroleum International. The world’s youngest refinery, standing as a testament to innovation, ...
The UAE and the region seem to be in safe hands environmentally going by the care and thought that entrepreneurs in the automobile sector and industry heavyweights in the transportation sector have invested to keep planet earth livable, as a panel discussion titled ‘Revving up the engines of...
Oil prices rose on Friday following OPEC+ decision to keep the voluntary output cut policy unchanged. Brent crude for April delivery increased 0.31% to $78.94 a barrel at 9:00 am Makkah time. WTI contracts for March delivery rose 0.23% to $73.99 a...
The Ports, Customs, and Free Zone Corporation (PCFC) has launched an environmental campaign to raise public awareness about the importance of preserving marine environments and avoiding practices that negatively impact them. This initiative aims to unify efforts to achieve the United Arab Emirates' ...
The National Water Company (NWC), represented by its Eastern Cluster, has announced that it will start pumping desalinated water to the districts of Doha, Dana, King Fahd College of Petroleum and Minerals (KFUPM), Al-Jami’ah and Sulaimaniya in Dhahran. This comes after the company has completed...
OPEC+ will likely decide its oil production levels for April and beyond in the coming weeks, Reuters reported, citing OPEC+ sources. A meeting of the Joint Ministerial Monitoring Committee (JMMC) next Thursday would take place too early to take decisions on further output...
The National Water Company (NWC), represented by the Najran Water Business Unit (CBU), announced the completion of Phase II of the drinking water network project in the region, at a cost of approximately 26 million Saudi Riyals. This project aims to increase the company's operational efficiency,...
Saudi Arabian Mining Company (Maaden) announced today, Jan. 18, starting commercial operations at Mansourah-Massarah gold mine, according to a statement to Tadawul. The financial impact is expected to be realized starting from Q1 2024. In 2021, Maaden inked a contract with a major global...