In a recent report, MEED
Projects revealed that oil producers are now actively turning offshore in search of oil and gas to boost production, now that advancing technology has significantly brought the costs down.
Organised by MEED
Events and sponsored by CPC, Emirates Steel, Tekla, Mashreq Bank, Al Tamimi, Drake and Scull, Sustainable Solutions and TAV Construction, the summit takes place from today to Wednesday at The Westin Abu Dhabi Golf Resort and Spa.
Projects data revealed that 29 percent of current planned projects are
quoted Ben Faulks, credit analyst at S&P, as saying: "The cities are an important element in the entire country's strategy to tackle joblessness.
quoted the senior executive as saying: "We may not have reached peak oil but we have certainly reached peak easy oil, so whatever we have been doing in the past will be more challenging going forward.
The Chairman and CEO of Botas was Salih Pasaoglu, who gave MEED
an exclusive interview published in its Sept.
In another major highlight of the awards ceremony, MEED
handed out special citations to two distinguished organisations for their contributions to the projects sector in the region.
Projects also reported that it is probable that the value of projects awarded in the UAE will exceed 2012's $13 billion.
Abu Dhabi: The UAE capital is slated to witness Dh180 billion worth of new projects to be awarded in 2013 in addition to Dh36 billion project spending in Al Ain as part of its 2030 development strategy, MEED
Qatar Petroleum and Qatar Shell's Pearl GTL joint venture project has secured the MEED
Quality Project of the Year Award, in association with Ernst & Young.
MANAMA: The $314 million Bapco Lube Base Oil Plant has been declared the winner of the MEED
Quality Awards for Projects, the only awards programme in the GCC to recognise completed quality projects.
BNA) -- The Khalifa bin Salman Seaport and the Hidd Industrial Zone have gained the Works Ministry the Transport MEED
Quality Awards for Projects.