Industry

ADNOC terminates Dalma deal with Petrofac

36012072955 9a867ed07b cOilfield services provider Petrofac has announced that its Petrofac Emirates joint venture has received notice of termination from Abu Dhabi National Oil Company (ADNOC) of two recently awarded contracts for the Dalma Gas Development Project

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Baker Hughes to take US$15bn impairment

40549644883 63f196ee8c cEnergy technology company Baker Hughes has announced that it will take a non-cash goodwill impairment of US$15bn in Q1 2020

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APICORP posts 17 per cent net income growth for 2019

Dr. Aabed bin Abdulla Al Saadoun ImageThe Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, posted a 17 per cent year-on-year increase in net recurring income for 2019

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GP Global expands European supply network

Prerit Goel Group Director at GP GlobalEnergy services provider GP Global has further strengthened its international bunkering network with the addition of new delivery infrastructure, supplying the port of Hamburg, Germany

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MAWANI and SGP sign agreement for King Abdulaziz Port in Dammam

Mawani PhotoSaudi Ports Authority (MAWANI) and Saudi Global Ports (SGP) have signed a build, operate and transfer (BOT) agreement for the container terminals in the King Abdulaziz Port in Dammam

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