Leading global B2B events organiser UBM plc has announced that it has agreed to acquire Allworld Exhibitions for US$485mn, strengthening its leading position in Asia and providing it with an entry into the Middle East

Saudi Aramco has signed agreements with Nabors Industries Ltd. and Rowan Companies plc, to create two joint ventures focused on onshore and offshore drilling

South Oil Company (SOC) has awarded Petrofac a one-year contract to continue to provide operations and maintenance services at its export facilities for the Iraq Crude Oil Export Expansion Project (ICOEEP)

Qatars sovereign wealth fund - the Qatar Investment Authority (QIA) - and commodities trader Glencore are jointly buying a 19.5 per cent stake in Rosneft, Russias largest oil company

Sadara Chemical Company lead the talks to help the region develop a more robust downstream industry in both Saudi Arabia and the rest of the region