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

Cable gland and cleat manufacturer CMP has launched its Lean Six Sigma campaign in a bid to strengthen its reputation for quality and reliability

While the falling oil prices have led to projects and commercial reserves getting deferred globally, the Middle East is not witnessing the same level of deferrals, reveals Wood Mackenzie’s latest analysis