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
Industry
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
Eni’s oil production at 242,000 boepd in Libya
Italian oil and gas major Eni has announced that its current oil production in Libya stands at 242,000 boepd
GE Oil & Gas buys UK-based manufacturer Allen Gears
GE Oil and Gas has agreed to buy UK-based Allen Gears to enhance its presence in the industrial gears sector
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