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This Week's News from MEED

Aramco starts Fadhili gas plant prequalification

Aramco starts Fadhili plant prequalification Subscription

23 July 2014 | By

Oil major plans to award three packages at estimated $3bn gas scheme by March 2015

Libya

Optimism increases that Libyan oil exports will resume Subscription

23 July 2014 | By , Hassan Morajea

Key stakeholders meet in effort to reopen the port of Brega after it was shut by protesters on 12 July

Gas pipes

Jacobs awards management deal on Khazzan gas project Subscription

23 July 2014 | By

Contract includes management services on $2bn-worth of pipelines and production facilities

Kuwait

Bid submission delayed for Kuwait gas project Subscription

23 July 2014 | By

New deadline set for companies looking to carry out gas unit overhaul at Al-Ahmadi refinery

CB&I wins $50m supply deal for Sohar refinery expansion

CB&I wins $50m deal for Sohar refinery expansion Subscription

23 July 2014 | By

US group to supply heaters and steam reformer for project in Oman

Sonatrach signs $600m contract with Dodsal

Sonatrach signs $600m contract with Dodsal Subscription

23 July 2014 | By

Dubai-based engineering firm to build gas compression and reinjection facilities near Hassi Messaoud

Water supply

Acciona wins Egypt water supply contract Subscription

23 July 2014 | By

Spain’s Acciona Agua and local partner will operate and maintain water network for New Cairo area

Muscat, Oman

Deadline extended for Qurayyat water project Subscription

23 July 2014 | By

Plant will have a capacity of 44 million imperial gallons a day

Abu Dhabi Commercial Bank reports 19 per cent profit increase

ADCB reports 19 per cent profit increase Subscription

23 July 2014 | By

Abu Dhabi bank’s non-performing loan ratio improves

Onshore oil

ExxonMobil declines Abu Dhabi onshore bid Subscription

22 July 2014 | By

Abu Dhabi expected to make final decision on onshore oil fields in early 2015

Oman road

Oman tenders package eight of Batinah Expressway Subscription

22 July 2014 | By

Companies have also been invited to bid for package seven of Oman road scheme

Omani banks secure viability upgrade from Fitch

Omani banks secure viability upgrade from Fitch Subscription

22 July 2014 | By

Resilient performances boost ratings of lenders

Dubai extends deadline for 600MW power plant expansion

Dubai extends deadline for power plant expansion Subscription

22 July 2014 | By

Work involves expanding existing M Station facility in Jebel Ali

Desalination plant

Saudi Arabia invites bids for desalination plants Subscription

22 July 2014 | By

Three plants will have a capacity of 2 million imperial gallons a day

Overhead power lines

Kuwait invites bids for overhead lines contract Subscription

22 July 2014 | By

Eight contractors have been prequalified for the Kuwait overhead lines tender

Yemen bomb blast

US tells Americans in Yemen to leave country Subscription

22 July 2014 | By

State Department warns of possible attacks on businesses and perceived Western interests

Yas Mall

Aldar signs deal with Chalhoub for Yas Mall Subscription

22 July 2014 | By

Dubai-based retailer Chalhoub will open a 18,600 department store at new shopping centre

Runway

Hochtief team selected for Riyadh airport expansion Subscription

22 July 2014 | By

Consortium submitted the lowest bid for the project in May

Refinery

Saudi Aramco starts Ras Tanura prequalification Subscription

22 July 2014 | By

Revised expansion of Saudi Arabia’s largest oil refinery expected to retendered in third quarter

Saudi Stock Exchange (Tadawul)

Tadawul could open to foreigners by 2015 Subscription

22 July 2014 | By

Move to open Saudi Stock Exchange to foreign investors will support growth of non-oil sector

Mace to manage Oman Cultural Complex project

Mace to manage Oman Cultural Complex project Subscription

22 July 2014 | By

Scheme includes building a major library, archive and theatre in Muscat

Saudi Stock Exchange

Saudi Arabia set to open Tadawul to foreigners Subscription

22 July 2014 | By

Investors gain access to region’s biggest exchange

Business

Faithful+Gould to focus on programme management Subscription

22 July 2014 | By

Consultant says clients increasingly want global services

Muscat, Oman

Mace awarded consultancy contract by Oman state refiner Subscription

22 July 2014 | By

UK group to provide contract services to hundreds on contracts in sultanate’s downstream sector

Algeria approves plan to boost oil and gas output

Algeria approves plan to boost oil and gas output Subscription

22 July 2014 | By

National energy company Sonatrach plans to spend $100bn over five years

Kuwait prequalifies three more firms for port dredging

More firms prequalified for Kuwait port dredging Subscription

22 July 2014 | By

Seven companies prequalified in 2012 for work at Bubiyan port

Oil pipelines from Saudi Arabia in Bahrain

Saudi Aramco to tender $350m Bahrain pipeline Subscription

22 July 2014 | By

Pipeline deal to build new link with Bapco refinery expected by the end of July

Gas refinery

Abu Dhabi tenders integrated gas packages Subscription

22 July 2014 | By

State gas processor invites companies to submit bids on offshore and onshore pipelines

Muscat, Oman

Oman tenders Muscat-Sohar pipeline Subscription

22 July 2014 | By

Proposed $200m infrastructure scheme to revamp sultanate’s refined products distribution

National Bank of Fujairah sees profit jump 31 per cent

National Bank of Fujairah sees profit jump Subscription

22 July 2014 | By

Bank’s net impairment losses fall by 15.2 per cent in first half of year

Cairo

Egyptian banks ramp up lending Subscription

21 July 2014 | By

Deposits grow slower than loans for first time in year

Kuwait Oil Company awards $465m in rig contracts

Kuwait awards $465m in rig contracts Subscription

21 July 2014 | By

Sinopec and Kuwait Drilling Company win deals as country looks to ramp up oil production

Water transmission

Eleven bid for Dewa water pipelines Subscription

21 July 2014 | By

Work will involve supply and installation of glass reinforced pipelines

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