Saudi Aramco has reported a 25 per cent drop in first-quarter earnings in the face of the collapse in oil prices and plunging demand arising from the COVID-19 pandemic

Weir Oil & Gas Dubai has signed a multi-year contract in Iraq with a major international oil company

The coronavirus outbreak and the oil supply glut are set to lower Abu Dhabi’s oil revenues in the short term, according to Moody’s report on credit developments from coronavirus

Penspen, a provider of engineering and project management services to the energy industry, has been awarded a contract by Target Engineering Construction Co LLC for slug catcher replacement support on a project on Zirku Island in UAE

Petrofac’s Engineering & Production Services business (EPS) has been awarded two three-year renewals in the UK, worth a combined total of more than US$100mn