Marsol International, a UAE-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has signed a two year contract with Oman Oil Company Exploration & Production LLC (OOCEP)
Industry
Global energy investment fell for a second-year for low oil and gas spending: IEA
International Energy Agency’s (IEA) recent annual world energy investment report shows that the global energy investment continues to decline for the second year in a row in 2016, due to the continued drop in upstream oil and gas spending
ADNOC unveils new, expanded partnership approach
The Abu Dhabi National Oil Company (ADNOC) has announced the expansion of its partnership model to span the Group’s entire value chain as well as the more active management of its portfolio of assets
Actemium awarded major EPC contract for control systems upgrade in Abu Dhabi
Actemium has been awarded an Engineering Procurement and Construction (EPC) contract by Abu Dhabi Gas Industries Limited (GASCO) for the upgrade of the control systems at the company’s Asab-1 plant
New Baker Hughes to bring fullstream oil and gas solution
Baker Hughes (BHGE), part of the multinational conglomerate General Electric (GE) company, announced that it has completed the transaction with GEs oil and gas business, and will bring together industry-leading equipment, services and digital solutions across oil and gas development