Kingdom eyes rig count boost
Saudi Arabias plan to boost the number of oil rigs at its disposal by 28 per cent suggests the kingdom may be struggling to maintain the 12.5mn barrels a day of output capacity it has long said is in place.
Industry
Emerson Process Management strengthens its presence in India
Emerson announced it has acquired full ownership of its Fisher Sanmar Limited joint venture from Sanmar Engineering Corporation, expanding the capabilities of Emerson Process Management in India.
ExxonMobil Lubricants face a bright future in the region
Aramco reaffirms partnership
Saudi Aramco reinforced its commitment to cutting-edge research and education in the oil and gas industry recently when Ahmed M. Alzayyat, managing director of Aramco Overseas Co., made a donation to the Delft University of Technology (TU Delft) on behalf of the company.
Energy investment to surpass expectations
The UAE has overtaken Qatar to become the regions second largest energy investor with its potential capital in the sector totaling around US$74 billion during 2011-2015, official figures have shown.
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