Flowserve AlMansoori Services said it has opened its workshop in Musaffah Industrial area in Abu Dhabi

The US-based engineering company McDermott has rejected Subsea 7’s offer to acquire its entire issued share capital for US$7 per share

ADNOC Distribution said it has been awarded a license to own and operate fuel pumps in Saudi Arabia

The International Monetary Fund (IMF) listed Oman’s efforts at diversifying its economy from hydrocarbons as a positive and said that its spending cuts would drive down deficits

The Newbury-based Oil Plus Ltd, a specialist global oil and gas consultancy, has received contracts about US$1.5mn over the past three months and has significantly expanded its footprint in the Middle East’s oil and gas market