M.S. Al-Suwaidi Industrial Services Co. Ltd. (SIS), based in Jubail, was awarded a safety certificate by Kemya for achieving 2.5mn man hours without incurring any Lost Time Injuries (LTI) in September 2011.
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Saudi Aramco has forecast that the kingdom's daily energy demand will reach an equivalent of 8.3mn barrels by 2028, more than double the 3.4mn barrels equivalent in 2009.
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McDermott International is expanding its presence in Saudi Arabia with the creation of McDermott Arabia Engineering in partnership with Shoaibi Group.
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Saudi Aramco has announced plans to expand its petrochemical operations to Indonesia, Vietnam and other countries.
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Iraq has postponed its fourth energy bidding round to March 7th-8th next year when it will award contracts for gas and oil exploration in 12 new blocs, an Oil Ministry official said.
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