Sabic, PetroRabigh, Petrochem and Sipchem have announced their Q4 2011 financial reports recently. We have provided a round-up of the results.

Abu Dhabi National Oil Company (Adnoc) signed a strategic partnership deal with China National Petroleum Corporation (CNPC) to collaborate in upstream projects in undeveloped areas.

Endress+Hauser has opened a new office in Abu Dhabi which will allow the company to increase its focus on the oil and gas business in the region.

Atlas has opened its first centre in Iraq that offers its global training initiative IMIST for the oil and gas industry.

Japan will take decisive steps to cut Iranian oil imports, the countrys finance minister, Jun Azumi announced in Tokyo during a visit by US Treasury Secretary, Timothy Geithner.