MHWirth, subsidiary of Akastor ASA, has reached an agreement with AFGlobal Corporation to divest its managed pressure drilling (MPD) business through the sale of its subsidiary, Managed Pressure Operations (MPO)
Industry
Siemens ships Saudi-produced turbines to Jazan
Siemens, a leader in building energy-efficient and resource-saving technologies, has delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan, Saudi Arabia
Total SA receives Energy Intelligence Award for contribution to cleaner future
Total SA has been awarded the Energy Intelligence Award for Leadership in New Energy for its commitment to a cleaner energy future
Saudi Aramco CEO leads signing ceremony of Fadhili gas project
Saudi Aramco President and CEO Amin H Nasser presided over a signing ceremony of the Fadhili gas project, marking a new milestone in the company’s drive to expand gas production and supply to meet growing domestic demand for energy
APICORP and Bahri launch US$1.5bn shipping fund
The Arab Petroleum Investments Corporation (APICORP) and The National Shipping Company of Saudi Arabia (Bahri) have announced the launch of a landmark shipping fund to acquire very large crude carriers (VLCCs)