A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corporation (APICORP) have signed a deal to acquire Dubai-based oilfield services firm National Petroleum Services (NPS)
Industry
Technical Access Services releases new scaffolding solution
UAE-based scaffolding and access solutions provider Technical Access Services (TAS) has released its new Eco-Deck, which it states its customers will find more economic and efficient
Five South Korean firms win contracts for expansion of Kuwaiti refineries
Five South Korean companies have won a combined US$7.2bn in orders from Kuwait National Petroleum Company (KNPC) to expand capacity and improve environmental standards at two national oil refineries — Mina Abdullah and Mina Al-Ahmadi
UK oil firms ‘eye expansion in the Middle East and Africa’
UK energy companies are keen to expand their international operations in the Middle East and Africa, according on a study by the Bank of Scotland
PDO and GlassPoint to build EOR project in Oman
Petroleum Development Oman (PDO) and GlassPoint have announced that they have plans to establish an enhanced oil recovery (EOR) project in southern part of the country
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