Saudi Arabia Idles Offshore Rigs Amid Demand Slump
Following the demand and oil price crashes, Saudi Arabia has idled offshore rigs and postponed the start of a US$18-billion expansion project, Bloomberg News reported on Wednesday,
Tag : project
Egypt has the highest number and value of construction projects in Africa
Egypt topped African countries in the number and value of construction projects in 2018, according to Deloitte’s Africa Construction Trends 2018 report. The report said
Saudis, Russia Discuss Tens Of Billions In Energy Investments
Russia and Saudi Arabia are holding talks about investments worth tens of billions of U.S. dollars in various energy projects, Russia’s Energy Minister Alexander Novak said at
The 2 Energy Giants Reshaping The Middle East
Countries of the Middle East and North Africa (MENA), which today are powered mostly by fossil fuels, are now implementing far-reaching renewable energy programs. Saudi
Morocco to attract $30bn in energy investments by 2030
Morocco is aiming to attract around $30 billion (Dh110bn) in investments to its energy sector by 2030 as it looks to add 10GW of renewable
New Oil, Gas Project Approvals To Triple This Year
The number of greenfield oil and gas projects to get their final investment decision could rise threefold on 2018, Norwegian energy consultancy Rystad Energy has