ENOC and Aldrees to open 40 petrol stations in Saudi Arabia

ENOC-aldreesDubai fuel retailer Emirates National Oil Company (ENOC) has signed a joint venture with Saudi Arabia's Aldrees Petroleum to open at least 40 new petrol stations in the kingdom

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Lamprell delievers first jack-up rig for NDC

Lamprell-Hamriyah-FacilitySharjah-based Lamprell has completed and delivered its first jackup rig for Abu Dhabi’s National Drilling Company (NDC)

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Global oil and gas spending to smash US$1 trillion barrier

Sunset-oilrigGlobal oil and gas capital expenditure (capex) will reach US$1,039bn for 2012 thanks to increased activity in the E&P sector, a report by GlobalData has forecast

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SNC-Lavalin bags US$135 million KAPSARC contract

KAPSARCSNC-Lavalin has been awarded a 10-year contract to operate and maintain the King Abdullah Petroleum Studies and Research Center (KAPSARC) project in Riyadh, Saudi Arabia

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Dana Gas posts increase in Q2 2012 profit

DANA gasSharjah-based Dana Gas has announced an increase of 46 per cent in its Q2 2012 profit when compared to results for the same period last year 

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