RAK Petroleum Public Company Limited, (RAK Petroleum) and Norways DNO International ASA (DNO) signed a heads of agreement to merge RAK Petroleums Middle East and North Africa (MENA) operating subsidiaries into DNO in exchange for DNO shares to be issued to RAK Petroleum.
Emerson Process Management has signed a Memorandum of Understanding (MoU) to deliver training courses at ENPPI Academy, the educational arm of Engineering for the Petroleum & Process Industries.
Kuwait National Petroleum Co. (KNPC), the Gulf states refiner, expects to start work on projects worth a total of US$40.15 billion this year, the state news agency reported.
Tyco International Ltd announced that it has completed its acquisition of a 75 per cent equity stake in United Arab Emirates-based KEF Holdings Ltd. (KEF), an integrated valve manufacturer and provider of steel castings to the oil and gas, chemical, mining and power industries.
Abu Dhabi Gas Industries (Gasco) is recruiting hundreds of engineers and technicians as part of a major expansion.
