Industry

DNO in merger talks with RAK Petroleum

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RAK Petroleum Public Company Limited, (RAK Petroleum) and Norway's DNO International ASA (DNO) signed a heads of agreement to merge RAK Petroleum's Middle East and North Africa (MENA) operating subsidiaries into DNO in exchange for DNO shares to be issued to RAK Petroleum.

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Emerson signs MOU with ENPPI Academy in Egypt

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Emerson Process Management has signed a Memorandum of Understanding (MoU) to deliver training courses at ENPPI Academy, the educational arm of Engineering for the Petroleum & Process Industries.

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KNPC to invest US$40.15bn on refinery projects

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Kuwait National Petroleum Co. (KNPC), the Gulf state's refiner, expects to start work on projects worth a total of US$40.15 billion this year, the state news agency reported.

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Tyco completes KEF acquisition

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Tyco International Ltd announced that it has completed its acquisition of a 75 per cent equity stake in United Arab Emirates-based KEF Holdings Ltd. (KEF), an integrated valve manufacturer and provider of steel castings to the oil and gas, chemical, mining and power industries.

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Gasco recruiting for major expansion

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Abu Dhabi Gas Industries (Gasco) is recruiting hundreds of engineers and technicians as part of a major expansion.

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