GulfBase Live Support
01/06/2017 13:12 AST
Amec Foster Wheeler (AFW) has clinched a deal to provide Saudi Aramco with engineering and management services for a major oilfield development.
AFW, which recently announced a planned merger with Wood Group, will work with Aramco on its Marjan offshore and onshore oilfield in the Eastern province of Saudi Arabia for five years.
It will deliver programme management and other support services for an additional 300,000 barrels per day gas and oil separation train, a gas processing plant, a cogeneration facility and modifications to an existing facility to add natural gas liquids fractionation capacity.
Nick Shorten, president of upstream capital projects at AFW, said: "We have played a key role in many of Saudi Aramco's major upstream and downstream investments.
"With our successful track record with Saudi Aramco stretching back more than 50 years, this latest award for this major oilfield expansion programme is a real vote of confidence in our technical expertise and our ability to deliver large and complex projects, plus our long-term commitment to local development."
Energy Voice
30/03/2018
Saudi Arabia expects to unveil by the end of June rules to prevent large share price drops in newly-listed companies, the final regulatory step for the listing of oil giant Saudi Aramco, the head of
Arab News
30/03/2018
Petroliam Nasional Berhad (Petronas), the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, have announced the formation of two joint ventures for the Refi
Trade Arabia
29/03/2018
Saudi Aramco finalized a deal on Wednesday with Malaysian state energy company Petroliam Nasional Berhad (Petronas) to invest in a refinery project off Malaysia.
The Saudi oil giant agreed
Arab News
Ticker | Price | Change |
---|---|---|
ABAR | 138.00 | 2.00 (1.47 |
ADNOCGAS | 3.14 | 0.00 (0.00 |
ADNOCDRILL | 4.68 | 0.04 (0.86 |
ADES | 20.08 | 0.10 (0.50 |
BAHRI | 28.25 | 0.05 (0.17 |
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula