Oil and gas services provider Lamprell has warned that additional losses and delays or deferrals on a number of projects will see it incur a US$105mn full-year loss for 2012

With the global energy landscape experiencing dramatic change, energy efficiency needs to become a top priority, the International Energy Agency (IEA) has claimed in the 2012 edition of its World Energy Outlook (WEO)

A subsidiary of US-based McDermott International has been awarded a cable procurement and installation project for Saudi Aramco in the Safaniya, Abu Safah and Marjan fields, Saudi Arabia

Fluor Corporation has signed a five-year enterprise framework agreement with Shell to provide services for Shells downstream and, potentially, upstream onshore projects in Europe, Africa and the Middle East (EAME)

Abu Dhabi Oil Refining Company (Takreer) has awarded a US$2.48bn contract to Samsung Engineering Company to build a carbon black unit and a delayed coker unit in Ruwais, west of Abu Dhabi, by January 2016