At the forefront of OPEC and non-OPEC meeting in Vienna on 22 June 2018, industry experts have forecasted that the oil-producing countries may abandon their historic supply pact in the second half of 2018 and raise oil output to meet global demand
In line with the initiatives to boost energy economy across the Middle East, the UAE and Kuwait have announced ambitious capacity targets for 2022 to invest more than US$220bn to develop the countries’ energy sector
The UAE facilities of Halliburton have received the American Petroleum Institute (API) Specification Q2, ISO 9001 and OHSAS 18001 certifications
Montreal-based SNC-Lavalin has signed an exclusive agreement with Project Development & Management International LLC (PDMI) in Oman, to design and deliver a greenfield chlor-akali PVC plant located 150km southeast of Muscat
Moodys said that Kuwaits credit profile reflects its "substantial" oil and gas reserves, balance of payments surpluses and low government debt
