Industry
Hi-Force to target Middle East growth in Saudi Arabian move
High-pressure hydraulic tools manufacturer Hi-Force will soon have a permanent presence in place in Saudi Arabia as part of its efforts to increase its market share within the GCC's largest economy
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Ashtead Technology appoints agent in Middle East
International subsea equipment solutions specialist, Ashtead Technology Offshore, has announced that it has hired an agent in the Middle East as part of its global expansion plans
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Lamprell projects to cost firm US$105 million for 2012
Oil and gas services provider Lamprell has warned that additional losses and delays or deferrals on a number of projects will see it incur a US$105mn full-year loss for 2012
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IEA places energy efficiency at top of agenda
With the global energy landscape experiencing dramatic change, energy efficiency needs to become a top priority, the International Energy Agency (IEA) has claimed in the 2012 edition of its World Energy Outlook (WEO)
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McDermott awarded Aramco offshore cable project
A subsidiary of US-based McDermott International has been awarded a cable procurement and installation project for Saudi Aramco in the Safaniya, Abu Safah and Marjan fields, Saudi Arabia
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