Sharjah-based Lamprell has completed and delivered its first jackup rig for Abu Dhabi’s National Drilling Company (NDC)
Industry
Global oil and gas spending to smash US$1 trillion barrier
Global oil and gas capital expenditure (capex) will reach US$1,039bn for 2012 thanks to increased activity in the E&P sector, a report by GlobalData has forecast
SNC-Lavalin bags US$135 million KAPSARC contract
SNC-Lavalin has been awarded a 10-year contract to operate and maintain the King Abdullah Petroleum Studies and Research Center (KAPSARC) project in Riyadh, Saudi Arabia
Dana Gas posts increase in Q2 2012 profit
Sharjah-based Dana Gas has announced an increase of 46 per cent in its Q2 2012 profit when compared to results for the same period last year
Aker Solutions earnings jump on strong market demand
Norway-based Aker Solutions has posted strong Q2 2012 results as the engineering firm saw strong demand for its services in most regions of the world with global oil and gas market activity remaining high
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