Baker Hughes (BHGE) has inaugurated its artificial lift centre of excellence at its multi modal facility in the MODON site in the second Industrial City of Dammam, aiming to support localised manufacturing and Saudi talent development
Industry
Global oil storage market set to reach US$17.22bn by 2023: TMR
The global oil storage market is expected to reach US$17.22bn at a compound annual growth rate (CAGR) of 4.2 per cent from 2017 to 2023, mainly due to burgeoning investments by major market players, according to Transparency Market Research (TMR)
ADNOC Distribution lists shares on the Abu Dhabi Securities Exchange (ADX)
ADNOC Distribution, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has successfully listed its shares on the Abu Dhabi Securities Exchange (ADX)
Rolls-Royce to deliver new gas engines for greenhouses
Rolls-Royce has entered a contract with Tuinbouwbedrijf Marc Pittoors (T.B.M.P) BVBA, for the supply of a 7 MWe combined heat and power plant (CHP) to provide heat and power to a new tomato greenhouse in Belgium
Petrofac wins Middle East contracts totalling almost US$1bn
Petrofac has won new contracts in Oman and Iraq together totalling almost US$1bn