Oil and gas facilities service provider Petrofac has announced that its subsidiary Petrofac Emirates has been awarded two contracts by Abu Dhabi Company for Onshore Oil Operations (ADCO) for a total value of US$687mn in the UAE

Abu Dhabi-based energy company TAQA has announced that it has completed the acquisition of a number of UK North Sea oil and gas assets from BP

Australian services company WorleyParsons has received a two-year contract extension from Saudi Aramco, the company sources announced

Aquaterra Energy, an offshore engineering solutions company, has opened a new office in Dubai

Saudi Aramco has declared that its oil production reached record levels in 2012 as global demand surged