MEED
Issue No 25 19 - 25 June 2009
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Abu Dhabi National Oil Company reviews bids for fuel storage facility
Abu Dhabi is assessing bids for a contract to build a major $150m fuel storage facility at Hamriyah in Sharjah. -
Abu Dhabi nuclear plant bid deadline approaches
Abu Dhabi has set a deadline of 3 July for bids to build the UAE's first nuclear power plant, sources close to the scheme tell MEED. -
Abu Dhabi prepares for the upturn
The emirate's national oil company is pushing ahead with four multi-billion-dollar projects this year, at a time when other state energy firms are scaling back their plans and putting expansion schemes on hold. -
Abu Dhabi right to act cautiously
MEED estimates the emirate will award more than $27bn worth of oil and gas contracts by mid-2010. -
Aramco invites bids on Yanbu refinery
State oil company Saudi Aramco is inviting contractors to bid for the main construction packages on its second $10bn-plus export refinery project this year, following the award of a raft of contracts on its Jubail refinery in the third week of June. -
Aramco opens bidding for Dhahran pipe upgrade
State-run energy giant Saudi Aramco is inviting 13 companies to bid for the contract to upgrade the acid gas piping system at its Shedgum gas-processing plant, 135 kilometres southwest of Dhahran in Eastern Province.The bid deadline is 13 July. Work includes the installation of four pipelines linking the gas-treating and sulphur-recovery units. It is scheduled to begin on 11 August and finish by the end of 2010.Five international contractors have prequalified: Argen-tina's Techi -
Australian contractor to build $240m tower at City of Lights
UAE real estate developer Tamouh Investments has awarded Australia's Multiplex an estimated $240m contract to build a tower at its City of Lights development on Abu Dhabi's Reem island. -
Bemco bids low for power plant conversion in Saudi Arabia
A team of the local Arabian Bemco Contracting Company and South Korea's Doosan Heavy Industries & Construction is the low bidder for the Al-Qurayyah combined-cycle power plant project in Saudi Arabia's Eastern Province, with a bid of $1.85bn. -
Borouge holds talks over design of third Ruwais facility
Borouge 3 will produce 2.5 million tonnes a year of petrochemicals. -
Consultant proposes tourism strategy for Sultan Qaboos
UK's Atkins recommends change of use for ageing commercial port. -
Dubai seeks consultant for Union Square real estate plan
Dubai is inviting consultants to express interest in drawing up a masterplan for a real estate development above the underground Union Square metro station in Deira. -
Energy: Patience has paid off for Aramco
Aramco and Total have signed off on the cost of building Jubail for $9.6bn, a 20 per cent drop. -
Firms line up for Taweelah cracker deal
Chemaweyaat to invite bids on ethane facility in September, with award set for second quarter of 2010. -
Gulf states must ease gridlock
The strain placed on local roads is rapidly making city-centre commercial ports unfeasible. -
Iran faces its biggest challenge
Allegations of electoral fraud are testing the strength of the Islamic Republic. MEED reports from Tehran. -
Kuwait starts tender for Bubiyan island work
Kuwait's Public Works Ministry has invited prequalified contractors to bid by 28 July for the marine works contract on its port project at Bubiyan island. -
Local contractor replaces Kharafi on Dubai airport upgrade
Dubai has awarded an estimated AED1.6bn ($435m) mechanical, electrical and plumbing contract for its Concourse 3 project at Dubai International airport to the local ETA Ascon. -
Manama delays gas production increase
Review of energy strategy forces postponement of project to double liquefied petroleum gas output. -
National Oil Company Survery: Abu Dhabi National Oil Company
Abu Dhabi National Oil Company (Adnoc) is one of the most active state energy firms in the region, with plans for more than $28bn worth of oil and gas-related projects due to be awarded in 2009 and the first quarter of 2010, according to Gulf projects tracker MEED Projects. -
National Oil Company Survey: Bahrain Petroleum Company
After several decades of quiet decline, Bahrain's oil and gas industry can expect a fleeting taste of its former glory from 2010 onwards. In May, the country's parliament approved a 10-year masterplan that will involve a $5bn upgrade of the country's refinery and the tripling of production from its sole oil field. -
National Oil Company Survey: Egypt General Petroleum Corporation
As always, it has been a busy year for Egypt's state-run energy firms: Egyptian General Petroleum Corporation (EGPC), Egyptian Natural Gas Holding Company (Egas) and Ganoub el-Wadi Holding Petroleum Company (Ganope). -
National Oil Company Survey: Iraq
Iraq's state-owned energy companies continue to struggle against the odds to maintain production levels as the Oil Ministry attempts to catalyse foreign investment to expand output through two licensing rounds. -
National Oil Company Survey: Kuwait Petroleum Corporation
Formed in 1980 as a holding company for Kuwait's state oil companies, Kuwait Petroleum Corporation (KPC) oversees upstream and downstream operations through its Kuwait Oil Company (KOC) and Kuwait National Petroleum Company (KNPC) affiliates. -
National Oil Company Survey: National Iranian Oil Company
On paper, National Iranian Oil Company (NIOC) is an enormously powerful entity, as the holding vehicle for one of the largest oil and gas industries in the Middle East. -
National Oil Company Survey: National Oil Corporation (Libya)
Libya's National Oil Corporation (NOC) has received a mixed poll rating from respondents to MEED's survey. Concerns over the extent of bureaucratic interference are mitigated by improvements in transparency and a favourable view of its technical abilities. -
National Oil Company Survey: Petroleum Development Oman
After a decade of declining oil production, Oman has defied analysts by increasing output for the first time since 2001. -
National Oil Company Survey: Qatar Petroleum
Unlike many national oil companies, Qatar Petroleum (QP) has actively sought partnerships with international oil majors, hoping to take advantage of their experience to maximise the efficiency of its operations. -
National Oil Company Survey: Saudi Aramco
Although the world's biggest oil company has deep pockets, Saudi Aramco also has a reputation for being a shrewd operator. In November last year, the state-owned firm played true to type when it put its spending plans on hold and called in its main contractors. -
National Oil Company Survey: Sonatrach (Algeria)
Algeria's oil and gas sector is enjoying a sharp upsurge in development, with state energy company Sonatrach playing a central role as contracts are placed for a string of new projects. Energy & Mines Minister Chakib Khelil hopes to see $6bn in fresh investment by 2014. -
National Oil Company Survey: The return of resource nationalism
MEED's annual survey of contractors' views on the region's national oil companies reveals concerns over the increasingly strict terms and conditions being imposed on foreign firms. -
Petro-Rabigh to award expansion deal
Joint venture is expected to hand the design and management contract to Japan's JGC Corporation. -
Q&A: Sujit Parhar, CEO, Tabreed
The collapse of Dubai’s housing market has had little impact on the compnay’s business, says Parhar, due to its long-term contracts -
Regional state energy firms are improving
Saudi Aramco scores the highest overall mark of four out of five. Companies express frustration with payments and praise transparency. -
Riyadh ignores Palestinian plea to cancel rail contract
Saudi authorities continue to use France's Alstom on Mecca-Medina project. -
Special Report: Oil & Gas - Contractors rank regional state energy firms
Saudi Aramco has for decades been acknowledged as a well-run national oil company. While the results of MEED’s survey of contractors, sub-contractors and advisers who work with the region’s largest state energy firms reflects this by awarding Saudi Aramco the highest overall score, it is those outside the Gulf that have generated the most surprising results. -
Tabreed
The district-cooling firm is preparing to extend its reach globally under a new chief executive officer. -
Tabreed: MEED Assessment
With so much infrastructure left to build, the company might have to look at more innovative forms of financing and partnerships -
Tehran needs compromise
The election result giving Ahmadinejad victory is bad for Iran and the wider region. -
Tunis to invite contractors to prequalify for power export scheme
Mediterranean sub-sea cable will deliver 800MW of power a year to Italy. -
UAE architecture
The Six leading architects working in the UAE are: Reinier de Graaf, John Bonnington, Semir Abdul Hadi, Donna Sultan, Shaun Killa and Adrian Smith. -
US power developer to invite bids for regional power portfolio
AES Corporation expects to finalise sale of four power plants by mid-August.
