Schlumbergers Q4 earnings rose by 36 per cent from US$9.07 billion in 2010 to hit US$10.97 billion in Q4 2011.
Industry
Q4 2011 review of Saudi petrochemical companies
Sabic, PetroRabigh, Petrochem and Sipchem have announced their Q4 2011 financial reports recently. We have provided a round-up of the results.
Adnoc and CNPC sign MOU on upstream projects
Abu Dhabi National Oil Company (Adnoc) signed a strategic partnership deal with China National Petroleum Corporation (CNPC) to collaborate in upstream projects in undeveloped areas.
Endress+Hauser has opened a new office in Abu Dhabi which will allow the company to increase its focus on the oil and gas business in the region.
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