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.

McDermott International is expanding its presence in Saudi Arabia with the creation of McDermott Arabia Engineering in partnership with Shoaibi Group.

Saudi Aramco has announced plans to expand its petrochemical operations to Indonesia, Vietnam and other countries.

Iraq has postponed its fourth energy bidding round to March 7th-8th next year when it will award contracts for gas and oil exploration in 12 new blocs, an Oil Ministry official said.