Industry

Tenaris to rebrand Saudi Steel Pipe

6083468407 b011f6d8a8 zTenaris, a supplier of tubes and related services for the energy industry and other industrial applications, has announced that it will rebrand Saudi Steel Pipes (SSP), a manufacturer of welded pipes in Saudi Arabia, to TenarisSaudiSteelPipes

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Former KNPC CEO joins Petrofac as Kuwait country chair

kuwait appt 480x461Petrofac, an oilfield services provider, has appointed Mohammed Ghazi Al-Mutairi as Kuwait country chair

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ADES secures offshore rig contract in Egypt and extends contract in Algeria

47504222982 d945c730bc zLondon-listed drilling contractor ADES International Holding PLC (ADES) has secured a new two-year contract for its ADMARINE IV offshore jack-up rig in Egypt and has signed a one-year contract extension for its onshore rig RIG 828 in Algeria

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Weatherford International CEO discusses financial restructuring

weatherfgoldDuring the past year, the multinational oil and natural gas company Weatherford International has undertaken a company-wide transformation to improve its execution capabilities, lower the cost structure and create efficiencies in its operations

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Tribe Infrastructure finances major power project in Sharjah

coal fired power plant 499910 640Abu Dhabi advisor Tribe Infrastructure (Tribe), in partnership with Alderbrook Finance, has completed the debt financing for Sumitomo Corporation (Sumitomo), GE Energy Financial Services (GE EFS), Sharjah Asset Management Holding (SAM) and Shikoku Power on the 1,800MW Hamriyah independent combined-cycle power plant (IPP) in Sharjah

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