GCC project contracts double to $209bn in 2023
Gulf Cooperation Council (GCC) project contracts doubled to $209bn in 2023, according to MEED data.
Gulf Cooperation Council (GCC) project contracts doubled to $209bn in 2023, according to MEED data.
Global consulting and engineering company Wood has recorded milestone growth in the Middle East region having secured $850m in contract wins over the last 12 months.
ADNOC’s board has increased its decarbonisation and low-carbon solutions budget allocation to $23bn (AED84.4bn).
Geographically and strategically central, here we profile the outlook for the energy-rich MENA region, which is something of a litmus test for the pace of the wider global energy transition.
ADNOC has bought a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage (CCS) projects.
Taking place between 30th November – 12th December, the UN’s 28th Conference of Parties – or COP28 – provides an opportunity for the global community to accelerate the adoption of renewable energy while focusing on phasing out...
UAE-based clean energy company Masdar has signed an agreement with Malaysian Investment Development Authority (MIDA) to invest $8bn for up to ten gigawatts (GW) of renewable energy projects.
Energy and petrochemicals group ADNOC has signed a deal with international energy company Occidental to study the potential of constructing the first megaton-scale direct air capture (DAC) outside the US.
ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has signed a liquified natural gas (LNG) supply agreement with PetroChina International Company valued between $450m and $550m.
Energy and petrochemicals group ADNOC has announced a final investment decision (FID) to develop what will be one of the largest carbon capture projects in the Middle East and North Africa (MENA) region.