Industry

OPEC’s meeting on 22 June likely to increase crude output

opec 22At the forefront of OPEC and non-OPEC meeting in Vienna on 22 June 2018, industry experts have forecasted that the oil-producing countries may abandon their historic supply pact in the second half of 2018 and raise oil output to meet global demand

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MENA shows robust performance in energy sector amid geopolitical risks

appiIn line with the initiatives to boost energy economy across the Middle East, the UAE and Kuwait have announced ambitious capacity targets for 2022 to invest more than US$220bn to develop the countries’ energy sector

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Halliburton’s UAE facilities achieve API Q2, ISO 9001 and OHSAS 18001 certifications

Halliburton UAE FacilityThe UAE facilities of Halliburton have received the American Petroleum Institute (API) Specification Q2, ISO 9001 and OHSAS 18001 certifications

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SNC-Lavalin signs contract for a major PVC plant in Oman

SNC OmanMontreal-based SNC-Lavalin has signed an exclusive agreement with Project Development & Management International LLC (PDMI) in Oman, to design and deliver a greenfield chlor-akali PVC plant located 150km southeast of Muscat

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Kuwait slower than peers in diversifying economy: Moody's

Kuwait MoodysMoody's said that Kuwait's credit profile reflects its "substantial" oil and gas reserves, balance of payments surpluses and low government debt

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