Field Development

'Unprecedented high': record surge in bidding activity spurs Middle East EPC boom

At least $70 billion of new EPC oil and gas projects are expected to be approved over the next five to six years in Saudi Arabia, UAE and Qatar, adding to already high levels of activity

Upstream Global Development and Decarbonisation Week, Day Three: Middle East. June 2025
Upstream Global Development and Decarbonisation Week, Day Three: Middle East. June 2025Photo: UPSTREAM
Middle East and South Asia EditorNew Delhi
Published 18 June 2025, 07:07Updated 18 June 2025, 07:07
Global Development & Decarbonisation Week 2025LamprellRystad EnergyADNOCSaudi Aramco