Industry

Schlumberger Q3 revenue boosted by growth in Iraq, Saudi

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Schlumberger, boosted by strong growth in Iraq and Saudi Arabia, posted third-quarter 2011 revenue of US$10.2 billion against US$9.6 billion in the second quarter of 2011, and US$6.85 billion in the third quarter of 2010.

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NOCs to spend US$140 billion on contracts in 2011 - Deloitte

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A new Deloitte report looks at the opportunities for private sector investment in the oil and gas sector

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Iraq's SOC awards mooring contract to Leighton

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Iraq's South Oil Company (SOC) has awarded an additional Single Point Mooring (SPM) contract worth US$79.85mn to Leighton Offshore.

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Sadara awards main automation contract to ABB

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Sadara Chemical Company, a joint venture between Saudi Aramco and The Dow Chemical Company (Dow) has chosen ABB as its Main Automation Contractor (MAC).

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Honghua Group opens new regional facility

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Honghua Golden Coast Equipment FZE (HHGCE), one of the biggest petroleum drilling rig manufacturer in China, has opened its regional office in JAFZA.

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