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Industry

The Abu Dhabi National Oil Company (ADNOC) has signed two new strategic equity partnerships with Eni and OMV that cover both ADNOC Refining and a new trading joint venture between the three partners

Tenaris, a supplier of tubes and related services, has acquired a 47.79 per cent stake in Saudi Steel Pipe Company (SSP) to expand its industrial presence in Saudi Arabia

Petrasco, a provider of energy logistics solutions, has announced that it has signed a six-figure contract extension with Aberdeenshire-based Flowline Specialists in Dubai

Brent crude oil is expected to average US$65 per bbl in 2019 and US$68 per bbl in 2020, according to the Wood Mackenzie

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