Iran invests US$25 billion in upstream sector within 10 months
An estimated US$25bn has been invested in Iranian upstream sector projects since March 2012, according to Pars Oil and Gas Company
Industry
Dubai-based Gerab targeting international expansion
Having been at the forefront of the Middle Easts pipes and tubes supply sector for more than three decades, Gerab National Enterprises LLC has begun to diversify its service offering as it looks to capitalise on the regions booming oil and gas industry
Energy efficiency to play a key role in the oil industry
France-based Schneider Electric is optimistic about growth in the oil and gas sector and feels that it is well placed, with new additions to the oil and gas division, to meet this demand for greater energy efficiency in the hydrocarbon sector
Kentz awarded US$55 million service contracts in Iraq
Kentz Corporation Limited has been awarded three individual service contracts worth a total of US$55mn on oil and gas facilities in Iraq
UAE committed to oil growth, says Schlumberger GM
The UAE is committed to increasing oil production to 3.5mn bpd by 2017, according to the general manager and vice president of Schlumberger UAE
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