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Industry

Weir Oil & Gas Dubai has signed a three-year agreement for servicing and repairing pumps and motors with a national oil company in the UAE

Saudi Aramo has announced the establishment of an integrated Corporate Development organisation led by senior vice-president Abdulaziz M. Al-Gudaimi, formerly head of downstream development

Endress+Hauser has established the organisations Middle East presence to boost the companys business in the Arabian Peninsula 

During a virtual CERA conversation, Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Group CEO of the Abu Dhabi National Oil Company (ADNOC), discussed the dynamics of the energy industry with the leading energy economist and Pulitzer-Prize winning author Dr Daniel Yergin, vice chairman of IHS Markit

Dulles Wang, director, Americas gas research at Wood Mackenzie, said the company’s H1 2020 outlook anticipates an oil price rebound as demand starts rising post-coronavirus, but a second large-scale lockdown would deepen the recession, and possibly delay any rebound in GDP until 2022

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