Sinopec completes central unit of Al-Zour refinery project in Kuwait
China Petroleum & Chemical Corporation (Sinopec) has completed the central unit of the Al-Zour refinery...
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COOEC-Fluor JV completes fabrication work for Al-Zour project
Fluor’s joint venture (JV) COOEC-Fluor Heavy Industries (COOEC-Fluor) fabrication yard in China has completed the...
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43% growth predicted for global LNG regasification capacity by 2023
Kuwait Petroleum Corp has the highest planned and announced LNG regasification capacity additions globally by...
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M&As this week: Basic Energy Services, United Energy Group, Soco International
Basic Energy Services has declined a merger proposal from Key Energy Services.
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Kufpec secures $1.1bn in funding to expand oil and gas operations
Kuwait Foreign Petroleum Exploration Company (Kufpec) has reportedly secured $1.1bn in financing from a consortium...
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Precision Drilling secures contract to build rig in Kuwait
Canadian firm Precision Drilling has secured a new contract to build an ST-3000 drilling rig...
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ENGIE Fabricom awards contract to Element for pipe testing services
Construction and engineering firm ENGIE Fabricom has awarded a contract to Element Materials Technology for...
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Deals this week: Lotus Midstream, WildHorse Resource Development Corporation, Kuwait Energy
Lotus Midstream has secured a $400m equity commitment from EnCap Flatrock Midstream (EFM) and the...
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