The United Arab Emirates hired six foreign firms, including Rio Tinto and Areva , to provide fuel for its first nuclear power plant, in contracts valued at $3 billion.
August 15, 2012 5:05
The contract is for the first phase of Zakum Development Co's (Zadco) expansion at its offshore oil field whose production will rise 100,000 barrels per day (bpd) when completed, one of the sources told Reuters on Monday.
July 10, 2012 10:44
Kuwait Oil Tanker Co will start building six oil and gas tankers in 2014 and receive nine others as part of a deal with South Korea's Daewoo Shipbuilding & Marine Engineering, state-run news agency KUNA said on Wednesday.
May 2, 2012 3:21
An Arabtec Holdings unit has won three contracts in Qatar and the UAE worth $137.22 million, the Dubai builder said on Monday. The largest of the contracts, worth a combined AED504 million, is from Qatar Petroleum for the construction of a workers facility to be built over three years, according to a statement
April 23, 2012 4:25