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

Kuwait National Petroleum Company (KNPC) has signed a US$514mn contract with South Korea’s Daelim Industrial for the repair and expansion of sulphur processing facilities at its Mina Al Ahmadi refinery

The US$1.5bn engineering, procurement and construction (EPC) contract for expansion of Oman’s Sohar Refinery will be awarded within a few months, industry sources have announced