KBR, the US-based engineering, procurement and construction company, has signed a MoU with Saudi Aramco to expand KBRs services for Saudi Aramco and to support the Kingdom’s vision for boosting locally produced energy-related goods and services

Topaz Energy and Marine have announced a new US$100mn contract with Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC), in the eastern section of the Caspian Sea, offshore Turkmenistan

Gulf Petrochem Group (GP), has successfully raised US$150mn from a group of international and local financial institutions based in the GCC

Weatherford International has reported a net loss of US$171mn, or a loss of US$0.17 per share, and a non-GAAP net loss of US$282mn before charges and credits (US$0.28 non-GAAP loss per share) on revenues of US$1.36bn for the second quarter of 2017

The mega-project at Phu Quoc Island, Vietnam to generate growth in the local area, significantly contributing to the modernisation of the economy and supply channel in southern Vietnam