Halliburton Landmark has presented a multimillion-dollar educational software grant to King Abdulaziz University in Saudi Arabia to train and prepare the next generation of Saudi oil and gas engineers and geoscientists
Industry
APICORP supports development of Algeria’s energy sector
The Arab Petroleum Investments Corporation (APICORP) has agreed to two loan facilities worth a combined US$250mn with Sonatrach Petroleum Investment Corporation (SPIC), a subsidiary of Sonatrach International Holding Corporation owned by Sonatrach, the Algerian state-owned national oil company
Honeywell acquires Rebellion Photonics to maximise operational performance
Honeywell has acquired Rebellion Photonics, a Houston-based provider of innovative, intelligent, visual gas monitoring solutions with an aim to maximise safety, operational performance, emissions mitigation and compliance in the oil and gas, petrochemical and power industries
SABIC’s initiative contributes US$1.6bn to GDP, creates 3,149 jobs
SABIC’s national initiative, Nusaned, qualified 40 entrepreneurs to invest in the Saudi market and announced a series of projects that will contribute US$1.6bn to GDP and create 3,149 jobs
Petrofac securesUS$130mn worth PDO contracts
Oilfield service firm Petrofac has secured a new contract and an additional scope of work with Petroleum Development Oman (PDO), with a combined value of approximately US$130mn
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