Iraqs South Oil Company (SOC) has awarded an additional Single Point Mooring (SPM) contract worth US$79.85mn to Leighton Offshore.
Industry
Sadara awards main automation contract to ABB
Sadara Chemical Company, a joint venture between Saudi Aramco and The Dow Chemical Company (Dow) has chosen ABB as its Main Automation Contractor (MAC).
Honghua Group opens new regional facility
Honghua Golden Coast Equipment FZE (HHGCE), one of the biggest petroleum drilling rig manufacturer in China, has opened its regional office in JAFZA.
SIS achieves HSE award
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.
Saudi plans to meet increased energy demand
Saudi Aramco has forecast that the kingdoms daily energy demand will reach an equivalent of 8.3mn barrels by 2028, more than double the 3.4mn barrels equivalent in 2009.