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The order has been issued as a sub-contract by a consortium of NMDC Energy and Tecnicas Reunidas – the main EPC contractors ...

Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman – will increase production by 548,000 b/d next ...

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Iraq had awarded an estimated $2.5bn project contract in July last year ...

The announcement follows the establishment of as a wholly-owned subsidiary of the PIF that will build and operate facilities ...

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The Washington-based IMF has projected a non-oil real GDP growth rate of 3.4% for Saudi Arabia in 2025, a decline of 0.8 ...

Aggregate net income rose to SR22.2bn in the first quarter despite muted credit appetite and a weaker GDP forecast ...

Adnoc subsidiary XRG, in a consortium with Abu Dhabi’s ADQ and US-based investment firm Carlyle, made an $18.7bn full ...