Qatar Petroleum (QP) has plans to spend around US$7bn over the next seven years to boost crude oil and gas condensate production from its offshore Bul Hanine, according to a report
Industry
Kuwait’s oil sector 'to rise by four per cent by 2020'
Kuwaits oil sector is expected to expand by four per cent in six years, a Kuwait Finance House (KFH) report has announced
Middle East to withstand US shale revolution
The US shale revolution is reducing America’s reliance on energy imports and fueling new domestic industry opportunities but this should not worry the Middle East market, says Christopher Gunson, lawyer at Pillsbury Winthrop Shaw Pittman LLP in Abu Dhabi
Magnetrol opens new production facility in the UAE
Magnetrol, manufacturer of level and flow process control instrumentation, has inaugurated a new Magnetrol International United Arab Emirates (MIUAE) production facility at Jebel Ali in the UAE
Sahara Petrochemicals and Sipchem merger deal to create US$5 billion firm this year
A new firm, valued at US$5bn, will be announced as a result of Saudi Arabia’s Sahara Petrochemicals and Saudi International Petrochemical Company (Sipchem) share-swap merger in the first half of 2014
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