Global mergers and acquisitions (M&A) and upstream growth in the oil and gas sector totalled US$130.5bn in Q2 2019, according to data and analysis firm GlobalData
Industry
OCIMF issues update of major assessment guide for floating oil facilities
The Oil Companies International Marine Forum (OCIMF), the trade body for the oil industry, has published the second edition of its Guidelines on the Marine Assessment of F(P)SOs
Sparrows Group first to achieve certification in Saudi Arabia
Aberdeen-based Sparrows Group’s Saudi business became the first company in the kingdom to receive an Approved Service Provider Recognition for crane maintenance and overhaul by the American Bureau of Shipping (ABS)
SNC-Lavalin wins UAE oil and gas contract
SNC-Lavalin, a project management and infrastructure company, has been awarded a contract for general engineering, project management and technical support services from Al Yasat Petroleum, a joint venture between Abu Dhabi National Oil Company (ADNOC) and China National Petroleum Corporation (CNPC)
Al Gharbia commences commercial production of sour grade steel pipes
SENAAT, one of the largest industrial investment holding companies in the UAE, has announced that Al Gharbia Pipe Company has reached an operational milestone by starting commercial production of large diameter sour grade steel pipes in Abu Dhabi