Thunder Cranes, a leading provider of innovative crane solutions for the offshore oil and gas industry, has won a major contract with PETRONAS Carigali, a subsidiary of PETRONAS, for the provision of portable-modular offshore rental cranes for PETRONAS Carigali operations in Malaysia
Industry
Offshore Network launches Middle East and North Africa Well Intervention Outlook
As the oil and gas industry is increasingly seeking sustainability, well intervention remains an obvious focus
ADNOC acquires stake in OMV
ADNOC has acquired a 24.9% stake in Austria-headquartered OMV AG (OMV) from Mubadala Investment Company, in a bid to accelerate its global chemicals growth strategy
EarthSense and Al Murabit partner to bring air quality monitoring service to the oil and gas industry in Iraq
EarthSense, the air quality expert, has announced a distribution agreement with Al Murabit Company, a leading supplier to the oil and gas industry in Iraq, whereby Al Murabit Company will offer Earthsense’s air quality monitoring and consultancy services to upstream, midstream, and downstream companies in Iraq
Middle East contracts drive increase in global oil and gas contract value in Q4 2023
The oil and gas industry reported a quarter-on-quarter (QoQ) decline of 16% in disclosed contract volume in Q4 2023 according to a GlobalData report – but contract value increased marginally, thanks to major Middle East contracts