SENAAT, one of the largest industrial investment holding companies in the UAE, has formed a joint venture with Tubacex, a Spanish manufacturer of stainless steel and high-alloyed tubular products
Industry
James Fisher acquires Murjan Al-Sharq Marine Contracting
James Fisher and Sons plc (JFS), an engineering services company, has expanded its capabilities in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting LLC (MSMC)
ADNOC receives AA+ standalone credit rating by Fitch
The Abu Dhabi National Oil Company (ADNOC) has announced that Fitch Ratings, a global credit rating agency, has assigned ADNOC group a standalone credit rating of AA+
Lukoil Marine Lubricants ME wins three year tender by OSC
Lukoil Marine Lubricants Middle East, a subsidiary of the Russian Lukoil Oil Company based in the UAE, has entered into a three-year contract with Oman Shipping Company (OSC)
KCAD wins US$110mn land drilling contracts in the Middle East, Russia and Africa
Drilling and engineering contractor KCA Deutag (KCAD) has announced that its land drilling operation has won new contracts and contract extensions worth approximately US$110mn