Pipeline technology specialist STATS (UK) Ltd has generated revenues of US$50.69mn and EBITDA earnings of US$7.26mn, according to its annual accounts as at 31 December 2019

Sahara International Petrochemical Company (Sipchem) has collaborated with IBM Services to virtualise its IT infrastructure, ensuring business continuity amid COVID-19

Chariot Oil & Gas Limited has completed the reprocessing of 3D seismic data across the Lixus Offshore Licence (Lixus), Morocco, resulting in significant improvements in both image quality and in depth control

The profitability of asset managers in most Gulf Cooperation Council (GCC) countries will face moderate to high pressure over the next 12-18 months, reflecting the coronavirus crisis and an accompanying drop in oil prices, according to Moody’s Investors Service report

Fitch Ratings has downgraded Bahrains long term foreign currency issuer default rating (IDR) to B+ from BB-, reflecting the double impact of lower oil prices and the COVID-19 on the country