Manpower solutions provider NES Global Talent has announced further expansion into the Middle East region
Industry
Heritage Oil accepts takeover offer from Qatari fund
UK-based Heritage Oil has accepted a US$1.6bn takeover offer from a fund owned by the former chief executive of Qatars sovereign wealth fund
Drydocks World completes repair of NDC jack-up rig
Dubai-based Drydocks World announced today that it has completed a major repair and refurbishment project on the National Drilling Company’s (NDC) jack-up drilling rig, Al Ittihad
Lamprell PUQ deck breaks Guinness World Records for heaviest load
Lamprell is celebrating after breaking the Guinness World Records for the ‘heaviest load moved by self-propelled modular trailers (SPMTs)’ for its 13,191.98 mt PUQ deck commissioned by Nexen Petroleum UK
Kuwait Oil Company reveals US$4 billion profit
The Kuwait Oil Company (KOC) has announced it has made a total of US$4bn profit for 2013-14