Industry

Dow's strategic appointment to strengthen ties with KSA

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The Dow Chemical Company has appointed Zuhair Allawi as general manager for the Dow Saudi Arabia Company in move which strengthen Dow's ties in the Kingdom.

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Q3 results round up of top companies

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Royal Dutch Shell's third quarter 2011 earnings on a current cost of supplies (CCS) basis was US$7.2 billion compared with US$3.5 billion the same quarter a year ago.

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ConocoPhillips profits drop in Q3

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ConocoPhillips, the first of the three largest U.S. oil companies to reveal third-quarter results, reported earnings of US$2.6 billion which is a 16 per cent fall compared with third-quarter 2010 earnings of US$3.1 billion.

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Weatherford sees Q3 revenues decline in the Middle East

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Weatherford posted third quarter revenues of US$3.3 billion which is an increase of 33 per cent compared to the same period last year and 11 per cent higher than the previous quarter. In the MENA region, revenues dipped slightly due to a fall in activity in Algeria.

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Schlumberger Q3 revenue boosted by growth in Iraq, Saudi

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Schlumberger, boosted by strong growth in Iraq and Saudi Arabia, posted third-quarter 2011 revenue of US$10.2 billion against US$9.6 billion in the second quarter of 2011, and US$6.85 billion in the third quarter of 2010.

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