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Craig International, an oilfield procurement specialist, is expanding into the Middle East following a contract to manage a US$55mn client spend with an operator in Qatar

Global energy demand will increase by 25 per cent between 2014 and 2040, driven by population growth and economic expansion, according to the 2016 edition of ExxonMobil’s The Outlook for Energy, which gives a long-range forecast of energy trends

The need to capitalise on distressed situations, grow international market share and acquire new technology will drive a surge in M&A activity in the oilfield services sector during 2016, according to a new research from international law firm Pinsent Masons

Kuwait Petroleum Corporation (KPC) is considering selling bonds to help pay for a planned investment of US$100bn over the next five years to boost its oil output

Borealis and Borouge welcomed a number of young UAE students and representatives from the Emirates Foundation on a joint tour at the recently inaugurated Borouge Innovation Centre in Abu Dhabi

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