The ten countries of the Association of Southeast Asian Nations (ASEAN) represent one of the most dynamic parts of the global energy system, and their energy demand has grown by 60 per cent over the past 15 years
Industry
Halliburton breaks ground on chemical plant in Saudi Arabia
Halliburton, a Houston oilfield service company, has announced that it will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia
SENAAT and Tubacex join hands to acquire NOBU
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
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+
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