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OIL AND GAS NEWS

GCC firms’ net profits soar to record high of $196.5bn in 2021

Apr 17, 2022 4:18 PM

Earnings of GCC-listed companies jumped to a record high of 196.5 billion in 2021 as compared to 93.1 billion during 2020 according to Kamco Invest a premier investment company based in Kuwait. The 103.5...

MORE OIL AND GAS NEWS

Kufpec announces first offshore exploration discovery Jan 27, 2022 8:01 AM

Kuwait Foreign Petroleum Exploration Company (Kufpec) said that...

15th GPCA looks at redefining challenges in post-Covid world Dec 9, 2021 4:49 PM

The 15th Annual Gulf Petrochemicals & Chemicals Association (GPCA)...

L&T Hydrocarbon Engineering wins 3 Golds from ASSP Sep 23, 2021 11:25 AM

L&T Hydrocarbon Engineering (LTHE) a wholly owned subsidiary of...

KOC signs two contracts to treat contaminated soil Aug 1, 2021 7:08 AM

Kuwait Oil Company (KOC) has signed two new contracts to remediate...

Petrofac commissions key hydrocracker unit for KNPC Apr 29, 2021 7:31 AM

Petrofac said that its Clean Fuels Project for Kuwait National Petroleum...

GCC equity markets end 2021 on a positive note: Markaz Jan 3, 2022 2:11 PM

The GCC equity markets ended 2021 on a positive note with the S&P...

Engie delivers energy savings worth $23.8m in GCC Oct 11, 2021 9:45 AM

Engie Solutions an international leader in sustainable energy solutions...

KNPC refines its digital transformation with VMware Sep 1, 2021 12:37 PM

Kuwait National Petroleum Company (KNPC) has taken its digital transformation...

Equate pledges allegiance to OCS May 18, 2021 11:11 AM

As part of its commitment to long-term sustainable development the...

Petrofac completes KOC’s crude oil control centre Feb 28, 2021 7:40 AM

Petrofac said that its Lower Fars heavy oil development project...

Kuwait reports discovery of 3 new oil fields Jan 6, 2021 7:35 AM

Kuwait Oil Company (KOC) has announced the discovery of three new...

Shamal Az-Zour to list on Boursa Kuwait Aug 8, 2020 11:16 AM

Shamal Az-Zour Al-Oula Power and Water Company announced today that...

Shamal Az-Zour Al-Oula receives approval for listing May 11, 2020 3:01 PM

Shamal Az-Zour Al-Oula Power and Water Company has received approval...

Kuwait commissions largest crude distillation unit Dec 9, 2020 6:45 AM

Kuwait National Petroleum Company (KNPC) has commissioned the Crude...

KIPIC chooses Honeywell Forge Cybersecurity solution Jun 15, 2020 3:58 PM

Honeywell and Kuwait Integrated Petroleum Industries Company (KIPIC)...

Gulf Dredging and General Contracting wins Kuwait tender Aug 17, 2019 12:45 PM

Heavy Engineering Industries and Shipbuilding (HEISCO) said one...

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