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GCC downstream oil sector shows resilience
Insurance company executive says 80% of process unit capacity is being utilised17 July 2026, 08:00Source: UAE MEED
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Bahri signs deal for two offshore vessels with Dubai shipyard
Dubai-based Grandweld will build the pair of offshore support vessels at its shipyard in Dubai Maritime City, with Bahri Logistics, part of the Saudi national shipping company Bahri, looking to deploy them at Ras Tanura port17 July 2026, 08:00Source: UAE MEED
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GCC downstream urged to seek used European equipment
Nearly 200 facilities have shut down in the Europe over the last years17 July 2026, 08:00Source: UAE MEED
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Kent announces Aramco PMC and EPC agreements
MEED reported in May that Saudi Aramco had selected the Dubai-headquartered firm for its two new groups of project management consultants and brownfield EPC service providers16 July 2026, 08:00Source: UAE MEED
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Adnoc Offshore awards Das Island tank farm contract
The project aims to implement a phased transition from the current tank farm configuration of 13 crude tanks and one condensate tank to a configuration of 10 crude tanks and one condensate tank16 July 2026, 08:00Source: UAE MEED
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GCC downstream oil sector showing resilience
Insurance company executive says 80% of process unit capacity is being utilised16 July 2026, 08:00Source: UAE MEED
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Adnoc Distribution signs deal to enter South Africa
Adnoc Group’s retail fuel business will acquire 100% of UK energy major Shell’s downstream unit, Shell Downstream South Africa (SDSA), as part of the estimated $1bn transaction that is expected to close in 202715 July 2026, 08:00Source: UAE MEED
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Chinese firm awards subcontracts on Adnoc Onshore project
The Adnoc Group subsidiary appointed CPECC as the main EPC contractor on the project to build off-plot facilities at Abu Dhabi’s Southeast cluster of oil fields earlier this year, after cancelling the previous EPCm phase15 July 2026, 08:00Source: UAE MEED
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Dubai selects contractor for Al-Maktoum airport people mover
Al-Maktoum International airport will cover an area of 70 square kilometres south of Dubai15 July 2026, 08:00Source: UAE MEED
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UAE tankers hit as Hormuz standoff escalates
UAE accuses Tehran of a cruise missile attack on two national tankers as Trump orders a 20% levy on all Hormuz cargo and Yemen's Houthis break a four-year truce with Saudi Arabia14 July 2026, 08:00Source: UAE MEED