The Abu Dhabi National Oil Company (ADNOC) announced that the four per cent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a subsidiary of China ZhenHua Oil Co Ltd

The UAE division of ULO Systems, a wholly owned private company and a leading provider of services within the oil and gas and construction industries, has won a major contract in Bangladesh to provide in-country equipment and services to MAX Group on the US$2.2bn Roopur Nuclear Project

ADNOC Distribution, the UAE’s leading fuel and convenience retailer, has announced the start of operations in the kingdom of Saudi Arabia, with two service stations opening this week, one near Riyadh and one in the Eastern Province

Bilfinger, engineering and industrial solutions powerhouse, has signed an agreement with RATE, California-based sour gas and Sulphur management technology licensor, to establish a strategic cooperation that would position both companies to accelerate growth in the Middle East region

Bapco, the national oil company of Bahrain, has appointed Innovate Tax as its preferred partner to provide automated VAT determination services