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Middle East downstream news

 
 

McDermott awarded LNG FEED contract

McDermott has been awarded a contract by ADNOC to provide FEED services for the new Fujairah LNG facility in the UAE.

 

ADNOC acquires 25% stake in Borealis

ADNOC and Mubadala have announced a strategic transaction with Borealis, whereby ADNOC will acquire a 25% shareholding in Borealis from Mubadala.

 
 
 

Wood expands its presence in the Middle East

Wood has been awarded a suite of contracts and strategic framework renewals to optimise energy production, reduce carbon impact and accelerate the energy transition in the Middle East.