Aggreko, the world-leading provider of mobile, modular power, temperature control and energy services, has completed commissioning of the largest flare gas to power project in the Middle East to date near the Saqala Field, Garmain block, South East Kurdistan
Industry
Coretrax announces the first deployment of its expandable technology in the Middle East
Coretrax, a global leader in well integrity and production optimisiation, has deployed its RELineWL expandable technology in the Middle East for the first time
Yokogawa signs MoU with Aramco to explore potential of Minimal Fab technology
Tokyo-based Yokogawa Electric Corporation, the parent company of Yokogawa Saudi Arabia Company, has signed a MoU with Aramco allowing the two companies to collaborate and explore potential opportunities for seeding and localising semiconductor chip manufacturing in Saudi Arabia
Houlihan Lokey expands oil and gas coverage into the Middle East
Houlihan Lokey, the global investment bank, has announced the expansion of its global Oil & Gas team into the Middle East with the appointment of Rouzbeh Fazlinejad as a managing director, based in Dubai. This appointment also marks the launch of the firm’s first industry group in the Middle East
Upstream M&A deals returning to pre-Covid levels
Global upstream merger and acquisition (M&A) deals rebounded to pre-Covid-19 levels in 2021, reaching a total of US$181bn, a 70% increase over 2020, according to Rystad Energy research