Iraqs South Oil Company (SOC) has awarded an additional Single Point Mooring (SPM) contract worth US$79.85mn to Leighton Offshore.

Sadara Chemical Company, a joint venture between Saudi Aramco and The Dow Chemical Company (Dow) has chosen ABB as its Main Automation Contractor (MAC).

Honghua Golden Coast Equipment FZE (HHGCE), one of the biggest petroleum drilling rig manufacturer in China, has opened its regional office in JAFZA.

M.S. Al-Suwaidi Industrial Services Co. Ltd. (SIS), based in Jubail, was awarded a safety certificate by Kemya for achieving 2.5mn man hours without incurring any Lost Time Injuries (LTI) in September 2011.

Saudi Aramco has forecast that the kingdoms daily energy demand will reach an equivalent of 8.3mn barrels by 2028, more than double the 3.4mn barrels equivalent in 2009.