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
Industry
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
Eaton seizes upon regional growth opportunities
Eatons chairman and CEO, Alexander Cutler spoke exclusively to Oil Review about the global power solutions providers ambitious expansion plans, its overall strategy within the Middle East and the opening of its new regional HQ in Dubai. Ian Roullier reports
ExxonMobil awards Turkish firm pipeline contract in Iraq
Turkish construction firm EİD İnşaat has announced that it will build a 120km pipeline for ExxonMobil in Iraq
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