Oil Gas & Utilities

FEATURED REPORT...
Posted: 10-08-2011
INTERNATIONAL. Saudi Arabia pumped the most oil in three decades last month, reaching 9.8 million barrels a day and boosting OPEC production, the International Energy Agency said. Increased output in Angola helped replace lower supply in Libya. Daily supply from the 11 Organization of Petroleum Exporting Countries members bound by quotas rose to 27.37 million barrels a day in July from 27.22 million in June, the Paris-based IEA said today in its monthly oil market report. “Output has regained levels close to those seen before the Libyan crisis, although OPEC spare capacity now stands at
Posted: May 18, 2019
UK. The Rever fleet includes the saturation dive support vessels Rever Topaz, Rever Sapphire and Rever Polaris along with the heavy construction support vessel Normand Clipper.
Posted: May 17, 2019
UK. The installation of ProSep's proprietary mixers will allow production to resume from the Vale gas and condensate field.
Posted: May 13, 2019
UAE. The Spring 2019 issue of the magazine puts technology in the spotlight with topics such as machine learning in security of oilfield service businesses.
Posted: May 13, 2019
UAE. Comapny to undertake EPC installation and modification works at ADNOC plant; The three projects are scheduled for completion in 2020.
Posted: May 2, 2019
UAE. ADNOC has a long and proud history of cooperation with Japanese oil and gas companies, which spans over four decades.
Posted: April 29, 2019
LONDON. ADNOC enters the Middle East 50 as the most valuable brand, valued at US$8.9bn; Etisalat Group remains the Most Valuable Portfolio of Brands exceeding US$10bn; SABIC up 6.5% to US$4.0bn although all eyes now on fellow Saudi giant ARAMCO; Emirates named strongest brand in region.
Posted: April 26, 2019
SAUDI ARABIA. Aerodyne will implement its drone-based enterprise solutions for STC Specialized's clients within telecoms, power, oil & gas and other infrastructure-led industries.
Posted: April 26, 2019
BANGKOK. Siemens will transfer engineering know-how for the production of world-class standard power distribution panels.
Posted: April 23, 2019
UAE. The ICV assessment will form an integral part of ADNOC's tender evaluation and award process.
Posted: April 10, 2019
UAE. Spike in MENA M&A deal value the highest on Mergermarket record; Inbound and domestic M&A in Q1 2019 see the highest deal value on record; Significant rise in private equity buyouts in the region in Q1, the highest on record.
Posted: April 9, 2019
UAE. "ENOCPay" app will allow mobile payment for both fuel and non-fuel products; Highlights ENOC's commitment to innovation, in line with "smart city" initiative.
Posted: April 9, 2019
UAE. The procurement and construction contractors' scope includes residual engineering, detailed engineering, procurement and construction through to the commissioning stages of the power stations.
Posted: April 6, 2019
UAE. Operation startup slated for mid-2021; Full-turnkey EPC order centers on two globally acclaimed M701F gas turbines; First project in Sharjah financed as export loan with Japan's ECA support.
Posted: April 3, 2019
KUWAIT. Oil prices up by nearly 30% in 2019, posting their best quarterly performance since 2009; OPEC achieved 106% production compliance in February, led by Saudi Arabia, Kuwait and the UAE; Prices forecast to firm up during next two quarters.
Posted: April 1, 2019
SAUDI ARABIA. The transaction with a value of US$69.1 billion represents the largest M&A transaction ever in the Middle East.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 25, 2019
UNITED KINGDOM. Smart city traffic technology solutions deployed to ease chronic congestion in cities will generate US$4.4 billion in revenue in 2023.
date:Posted: May 25, 2019
NEW YORK. New YPO Global Pulse survey finds that customers are the primary inspiration (48%) for business innovation around the world; Consultants (10%) and think tanks (7%) lag far behind in the minds of respondents.
date:Posted: May 24, 2019
INTERNATIONAL. The possibility of cosmic real estate is approaching rapidly, with the engineer poised to pioneer the process; It is entirely likely that our next chapter as a species is written in the stars.
NEW YORK. New YPO Global Pulse survey finds that customers are the primary inspiration (48%) for business innovation around the world; Consultants (10%) and think tanks (7%) lag far behind in the minds of respondents.
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