USA’s McDermott International has signed an engineering, procurement, construction and installation (EPCI) agreement with Saudi Aramco for future brownfield work in Saudi Arabia’s offshore fields

GCC members of the global oil trade body Industry Technology Facilitator (ITF) have agreed to address technology challenges with the aim of working on joint industry projects (JIPs) 

UAE-based Gulf Petrochem Group has acquired Essar Petroleum East Africa Ltd., following which its name has been changed to ASPAM Energy (Kenya) Ltd

Oman, the largest non-OPEC producer of oil in the Middle East, is planning to establish footholds in Africa and the United States of America for trading fuel and crude

State-run oil firm Kuwait Petroleum Corp (KPC) and its group of companies have stepped up security arrangements to the highest level