Industry
Saudi arbitration centre opens branch at at King Salman Energy Park
Saif Al Qahtani, president and CEO of King Salman Energy Park (SPARK), and Dr Hamed bin Hassan Merah, CEO of the Saudi Center for Commercial Arbitration (SCCA), have inaugurated the SCCA branch at King Salman Energy Park (SPARK), located in Al Khobar
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Akselos and Lamprell sign distributor deal
UAE-headquartered fabrication, engineering and contracting firm Akselos and Lamprell have announced a distributor deal
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‘COVID-19 pushes oilfield service firms headcount to lowest level in over a decade’
The turmoil on the oil market caused by COVID-19 has led to less than anticipated activity and delayed projects, forcing the industry to implement cost-cutting measures
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Saudi Aramco highlights financial and operational resilience despite COVID-19
The Saudi Arabian Oil Company (Saudi Aramco) has announced its results for the second and first half of 2020, highlighting the financial and operational resilience of the company and its commitment to shareholders despite the challenging market conditions resulting from the COVID-19 pandemic
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BP switches its focus to low carbon investment
BP has set out a 10-year strategy to transform from an international oil company to an international energy company, as it looks to achieve net-zero emissions by 2050
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