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Industry

A new report by Douglas Westwood (DW) has revealed that annual spending in the Middle East is expected to increase despite predictions that 2016 will see the start of a barren period for the offshore oilfield service (OFS) sector

Saudi Arabian Basic Industries Corporation (SABIC) and an affiliate of ExxonMobil Corporation are considering the potential development of a jointly owned petrochemical complex on the US Gulf Coast

MHWirth, subsidiary of Akastor ASA, has reached an agreement with AFGlobal Corporation to divest its managed pressure drilling (MPD) business through the sale of its subsidiary, Managed Pressure Operations (MPO)

Siemens, a leader in building energy-efficient and resource-saving technologies, has delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan, Saudi Arabia

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