Kuwait Petroleum Corporation (KPC) is considering selling bonds to help pay for a planned investment of US$100bn over the next five years to boost its oil output
Industry
Borouge invites young Emiratis to new innovation centre
Borealis and Borouge welcomed a number of young UAE students and representatives from the Emirates Foundation on a joint tour at the recently inaugurated Borouge Innovation Centre in Abu Dhabi
Six Sigma programme to enhance quality for cable gland firm
Cable gland and cleat manufacturer CMP has launched its Lean Six Sigma campaign in a bid to strengthen its reputation for quality and reliability
Oil projects deferred globally but Middle East thrives, reveals Wood Mackenzie
While the falling oil prices have led to projects and commercial reserves getting deferred globally, the Middle East is not witnessing the same level of deferrals, reveals Wood Mackenzie’s latest analysis
Shell exits Abu Dhabi sour gas project
Royal Dutch Shell Plc has bowed out of the Bab sour gas project as it ‘doesn’t fit with the company strategy’ in the present economic climate