Penspen, a leading global provider of engineering and project management services to the energy industry, has signed an agreement with Matrix Construction to provide modification works at Bab and Asab fields, located west of Abu Dhabi. The fields are owned and operated by the Abu Dhabi Company for Onshore Petroleum Operations Ltd (ADCO)

The Industry Technology Facilitator (ITF) has signed a memorandum of understanding with the Society of Petroleum Engineers (SPE) to share and enhance global technology development opportunities in the oil and gas industry

GE Oil & Gas has signed a long-term, multimillion-dollar contract with Petroleum Development Oman (PDO) for the provision of Progressive Cavity Pump equipment (PCP) and related services, commencing in the third quarter of 2016

Harris CapRock Communications has launched its OnePath long-range wireless radio to address the growing demand for bandwidth in the cruise, energy and commercial maritime industries

The World Energy Investment 2016 has announced that the overall energy investment has fallen to US$1.8 trillion in 2015 from US$2 trillion in 2014