Main Site Media Group English عربي Contact us

About us

Home Page
Top 10 GCC Cities ●●● and Real Estate Leaders Achievements 2011
    • Yearl Membership

    • Business and finance group launches Top 10 GCC Cities project about real estate leadership and achievements. The launch of this media and economic project comes to cover
    • Economic Accomplishments

    • This event is regarded as the first joint economic Gulf grouping between the performances of the secretariats and municipals of the Top 10 GCC Cities.t
    • Letters of the Strategic Support

    • Letter of Ministry of Municipal and Rural Affairs Letter of Jeddah Municipality Letter of Jeddah Municipality 2 Letter of Holy Capital Letter of Eastern Province Municipality
    • Program Features and Activities

    • This program is the first and largest specialized event which highlights the main accomplishments and those being implemented in the top (10) ten GCC Cities
    • Unlimited Investments

    • The Board of Directors of the Business and Finance Group expresses to you its regards and wish you further progress and prosperity, and we are pleased
    • Registeration Application

    • The Business & Finance Group is pleased to invite you to participate in the Forum & Ceremony of Real Estate Leaderships and Accomplishments of GCC Cities under the sponsorship of Jeddah
    • Electronic Information Center

    • Info ME Information Center electronic specialist section in queries with regard to electronic companies, sectors and information about companies, you can ask a question and be
    • Program of Advertising Participant

    • The Group has allocated an extensive media coverage for all the audio, visual and text media in order to deliver the information needed locally, regionally and internationally
    • Sponsorship Category

    • includes the publishing of (10) issues, where an issue is published each month for each a city participating in this event, as per the rank of each Gulf city in this letter, and the issues are published monthly by the Business & Finance Club Magazine, which is one of the Group’s media activities
   
 

Adnoc awards $5.5b worth of field service contracts

On Behalf of

Business & Finance Club - Oil and Gas - Abu Dhabi: Oil giant Abu Dhabi National Oil Company (Adnoc) has awarded contracts worth almost $5.5 billion (Dh20.1 billion) to more than three companies to provide various services.

Korea's Samsung Engineering and Italy's Saipem, Europe's biggest provider of oilfield services by market value, have won an aggregate of about $5 billion in contracts for gas processing, sulphur recovery and other oil and gas services.

Saipem won three contracts worth $3.5 billion while Samsung said it secured a separate contract for $1.5 billion.

Saipem's contracts are for $1.9 billion for gas processing, $1.45 billion for sulphur recovery and $196 million for product pipelines. Samsung will build utility and offsite facilities needed for the project.

A group comprising Tecnicas Reunidas and Punj Lloyd Group also won a joint contract worth $463 million for gas gathering in the project.

Shah sour-gas project

Adnoc said on Thursday it is pressing ahead with the Shah sour-gas project after ConocoPhillips pulled out of the joint venture earlier in the week. Development of the Shah field is estimated to cost $10 billion, Saif Ahmad Al Ghafli, chief executive officer of the project, said in March. Shah will process 1 billion cubic feet (28 million cubic metres) of sour gas (natural gas containing significant amounts of hydrogen sulphide) a day into more than 500 million cubic feet of fuel and 10,000 tonnes of sulphur, he said.

Fluor Corp. and CH2M Hill Companies unit Veco Corp. signed project management contracts for the Shah project on Thursday. Fluor officials couldn't be reached for comment.

ConocoPhillips, which would have been a 40 per cent stakeholder in the Shah venture, withdrew on April 28.

 

 
Kingdom to make cars for Gulf and N. Africa
Economic Achievements : Saudi Arabia
UAE Ministry of Health launches iodine deficiency screening progamme
Economic Achievements : United Arab Emarites
Jabal Omar signs $906m contract for mega project development
Economic Achievements : Saudi Arabia
Emaar Properties enters collaboration with Emirates Healthcare Limited on healthcare portfolio
Economic Achievements : United Arab Emarites
King Fahd University to introduce environmental studies
Economic Achievements : Saudi Arabia
Bahrain Polytechnic announces admissions opening
Economic Achievements : Bahrain
Flydubai takes delivery of four new aircraft
Economic Achievements : United Arab Emarites
Khaleeji Commercial Bank holds a workshop on corporate governance
Economic Achievements : Bahrain
DP World announces partnership with Plastic Free Ocean
Economic Achievements : United Arab Emarites
Print industry leaders predict business upturn
Economic Achievements : United Arab Emarites
Abu Dhabi Motors quadruples Rolls-Royce sales from January to November 2010
Economic Achievements : United Arab Emarites
Drydocks World wins $13m BW Offshore contract
Economic Achievements : United Arab Emarites
Dubai's RTA completes work on 1st interchange
Economic Achievements : United Arab Emarites
DP World sells 75% of operations in Australia
Economic Achievements : United Arab Emarites
Jumeirah Group plans expansion in China
Economic Achievements : United Arab Emarites