LatestADES ONGC contracts: SAR439.6m award for two India rigs
ADES ONGC contracts worth SAR439.6m ($117.2m) cover two jack-up rigs offshore India for three years each, with work due to start by end-March 2027.
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Read StoryDana Gas Q3 profit up 50%, nine-month earnings hit AED558m
Dana Gas Q3 profit rose 50% to AED165m as Khor Mor output climbed, lifting nine-month earnings 48% to AED558m, the Sharjah-based ADX-listed…
Read StoryAramco Q3 profit jumps 34% to $36.25bn despite attacks
Aramco Q3 profit rose 34% to SAR135.94bn ($36.25bn) on stronger refining margins; adjusted income up 9% and a $21.9bn base dividend declared.
Read StoryADNOC Gas LNG deal sends 1.6m tonnes to TotalEnergies
ADNOC Gas LNG deal with TotalEnergies covers up to 1.6 million tonnes over five years from 2026, announced at ADIPEC as Gulf…
Read StoryBorouge Q3 profit falls to $109m as volumes rebound 22%
Borouge Q3 profit came to AED399m ($109m) as lower polyolefin prices offset a 22% rise in volumes; the ADNOC unit expects its…
Read StoryACWA Power EIG partnership targets $4bn US power platform
The ACWA Power EIG partnership, named Plenum Power, targets a $4bn initial equity commitment to buy and build US power generation and…
Read StoryACWA Power Hassyan deal: SAR1.79bn DEWA water agreement
ACWA Power Hassyan deal: the Saudi utility signs a 30-year SAR1.79bn ($478m) water purchase agreement with DEWA for a 272,000 m3/day desalination…
Read StoryADNOC Drilling results: 9M profit $1.07bn, $350m payout
ADNOC Drilling results show record nine-month revenue of $3.7bn, net profit of $1.07bn and a $350m Q3 dividend as the company launches…
Read StoryNMDC Energy Aramco contract: AED2.8bn offshore award
NMDC Energy Aramco contract: Abu Dhabi contractor wins three offshore EPC projects worth AED2.8bn ($763m), due for completion within 18 to 23…
