The UAE-based Gulf Petrochem has rebranded as GP Global, a move that aims to match the company’s ambition as a growing international presence
Gulf Petrochem rebrands as GP Global
Industry
AES Arabia to supply modular skids to oil and gas sites in Saudi Arabia
Saudi Aramco has awarded AES Arabia a US$27mn project to supply Tie-Ins Modular Skids to the oil and gas wells for Khurais and Haradh sites in the eastern province of Saudi Arabia
Saudi Aramco launches International Maritime Industries company
Saudi Aramco and its partners have launched International Maritime Industries (IMI) joint venture, aiming to link Aramco’s supply chain related to offshore drilling and shipping activities
2018: The year of oil market stabilisation?
The annual US$2trillion global oil market is steadily returning to balance after three years of persistent supply glut and bloated inventories, as evidenced by improving fundamentals and forward market structure, according to Moin Siddiqui, economist
Explorers primed for 2018, although caution likely to be paramount: Wood Mackenzie
Wood Mackenzie has indicated hard competition for prime exploration targets as sector emerges from downturn in 2018
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