Browsing Tag
Tecnimont
6 posts
ADNOC Gas commits $13.2bn to Rich Gas Development as 60% EBITDA target meets Hormuz risk
ADNOC Gas has approved the final two phases of its $13.2 billion Rich Gas Development programme, including new processing capacity at Habshan and NGL fractionation at Ruwais. The expansion lifts its 2030 EBITDA growth target to 60%, but a 52% quarterly profit decline has exposed how strongly export economics can still be disrupted by the Strait of Hormuz.
August 11, 2026
ADNOC Gas Q2 profit falls 52% to $665m but beats guidance range
ADNOC Gas's Q2 profit fell 52% but beat guidance, and $8.2bn RGD contracts lift the 2030 EBITDA target, though Hormuz and Habshan recovery still gate 2026.
August 10, 2026
NEXT-N enters the SMR race: Will Maire’s €70m nuclear bet pay off?
Maire S.p.A. launches NEXT-N with a €70M contract from newcleo to design conventional systems for a modular nuclear reactor. Find out what’s next.
October 23, 2025
NextChem bags engineering and technology services contract with SATORP
NextChem, a subsidiary of MAIRE focused on sustainable technology solutions, has secured a three-year contract with Saudi Aramco…
March 7, 2025
Amiral petrochemical complex : Aramco and TotalEnergies award $11bn EPC contracts
Aramco and TotalEnergies have officially awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion Amiral petrochemical…
June 25, 2023
Ryazan oil refinery : Maire Tecnimont bags €1.1bn contract for VGO hydrocracking complex
Maire Tecnimont has bagged an engineering, procurement, and construction (EPC) contract worth around €1.1 billion from Rosneft for…
January 30, 2022