Foster Wheeler said its subsidiary Global Engineering and Construction Group has won a contract from Egypt-based Apache Khalda Corporation for the provision of project management consultancy (PMC) services.

Official estimates showed energy capital investments in the Middle East and North Africa (Mena) could total around US$525 billion during 2012-2016 according to a report by Arab Petroleum Investment Corporation (Apicorp).

Abu Dhabi National Oil Co (ADNOC), the main exporter for OPEC member, UAE, will supply Murban crude at five per cent below contracted volumes.

Iraqi Prime Minister Nuri al-Maliki and Eni CEO, Paolo Scaroni, accompanied by Eni E&P COO, Claudio Descalzi, met in Baghdad to discuss the development of Enis work on Iraqs giant oil field Zubair, and potential for futher cooperation.

SBC, the management consultancy arm of Schlumberger, is pleased to announce the expansion of its senior leadership team with the appointment of six vice presidents.