Industry

SENAAT and Tubacex join hands to acquire NOBU

tubular 21SENAAT, one of the largest industrial investment holding companies in the UAE, has formed a joint venture with Tubacex, a Spanish manufacturer of stainless steel and high-alloyed tubular products

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James Fisher acquires Murjan Al-Sharq Marine Contracting

Murjan 40 19m MulticatJames Fisher and Sons plc (JFS), an engineering services company, has expanded its capabilities in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting LLC (MSMC)

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ADNOC receives AA+ standalone credit rating by Fitch

ADNOC City Branding 162 1The Abu Dhabi National Oil Company (ADNOC) has announced that Fitch Ratings, a global credit rating agency, has assigned ADNOC group a standalone credit rating of AA+

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Lukoil Marine Lubricants ME wins three year tender by OSC

Lukoil and Oman Shipping sign the agreement for 39 vesselsLukoil Marine Lubricants Middle East, a subsidiary of the Russian Lukoil Oil Company based in the UAE, has entered into a three-year contract with Oman Shipping Company (OSC)

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KCAD wins US$110mn land drilling contracts in the Middle East, Russia and Africa

KCA Deutag Land RigjpgDrilling and engineering contractor KCA Deutag (KCAD) has announced that its land drilling operation has won new contracts and contract extensions worth approximately US$110mn

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