A subsidiary of US-based McDermott International has won a US$200mn engineering, procurement, construction and installation (EPCI) project in the Gulf
Industry
BC Petrochemical to target Middle East oil and gas sector
BC Petrochemical Sdn Bhd, one of Malaysias leading suppliers for the oil and gas industry, has declared its intention to expand its business operations into the Middle East, following a period of expansion in the Asia-Pacific region
Oman earns export revenue of US$16.1 billion in first five months of 2013
Oman has announced that it earned US$16.1bn from its oil and gas exports from January to May 2013, up 8.8 per cent on the same period last year
Libya to build two oil refineries
Libya has announced plans to build two new oil refineries in Tubruq and Ubari, according to government sources
Emarat to halve oil imports after ADNOC takes over petrol stations
UAE fuel retailer Emarat will cut its oil imports by nearly half to 1.9mn cubic metres in 2014 after Abu Dhabi National Oil Company (ADNOC) takes over a number of its petrol stations in the northern emirates next year
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