Shell to sell stake in Sadaf Chemicals in KSA to Sabic
Shell and Sabic have signed an agreement whereby Sabic will acquire 50 per cent of Shells share in the Sadaf joint venture in Saudi Arabia
Industry
Halliburton announce Q4 2016 results
Halliburtons revenue in Middle East/Asia was US$1.1bn, a 10 per cent increase sequentially, with an operating income of US$203mn, a 32 per cent increase sequentially
Yokogawa win control systems order at UAE power and desalination station
Yokogawa Electric Corporation has announced that it had received an order from the Sharjah Electricity and Water Authority (SEWA) to provide control systems for the Layyah Power and Desalination Station
Saudi Aramco sign two EPCI contracts with India's L&T Hydrocarbon Engineering
The biggest oil company in the world, Saudi Aramco, has signed two engineering, procurement, construction and installation (EPCI) contracts with Indias L&T Hydrocarbon Engineering (LTHE) in consortium with Emas Chiyoda Subsea
Marsol International opens office in Abu Dhabi
Marsol International, UAE-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has announced the launch of its new office – Marsol International Abu Dhabi
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