Brooge Petroleum and Gas Investment Company (BPGIC) has signed a new land lease agreement with Fujairah Oil Industrial Zone, which almost triples its land area in Fujairah in a firm step forward towards its major expansion plans
Industry
Equinor sets ambition to reduce net carbon intensity by 2050
Norwegian oil and gas major Equinor has launched a new climate roadmap aiming to ensure a competitive and resilient business model in the energy transition, fit for long term value creation and in line with the Paris Agreement
Eni partners with Tatweer Petroleum for Bahrain’s energy sector
Eni has signed an MoU with Bahrain’s Tatweer Petroleum to explore potential collaboration in Bahrain’s energy sector including LNG and oil and gas
Emphasis on maintaining capital discipline driving M&A activity in oil and gas industry, says GlobalData
Deal activity in 2019 has largely revolved around the need to improve company finances and reduce debt
Laidlaw Gulf continues to thrive
Laidlaw Gulf LLC, the Dubai-based leader in the supply of architectural ironmongery and doorsets, continues to thrive and is not affected by that fact that Laidlaw Ltd has gone into administration in the UK