EPC conglomerate Punj Lloyd has been awarded pipeline orders worth US$304mn from state-owned Oman Oil Refineries and Petroleum Industries Company (ORPIC) and Oman Gas Company (OGC)
Oilfield services firm Chinese Eastern Dragon Company has signed a US$81.6mn partnership agreement with UAE’s Al Falahi Group of Companies to produce and supply equipment, including high-tech devices, within the oil services sector for both public and private enterprises
OCB Oilfield Services, an arm of Abu Dhabi-based investment firm Gulf Capital, has acquired a 100 percent in the offshore construction and maintenance services firm Kuiper International, which has a stronghold in Asia Pacific (APAC) region and Australia
GE Oil & Gas has signed a long-term, multi-million dollar contract with Petroleum Development Oman (PDO) for the provision of integrated reciprocating rod pump (RRP) equipment and related services commencing in Q2 2016
Oil giant Saudi Aramco has signed an MoU to establish a shipbuilding and repair complex in the Kingdom, which is part of Saudi Arabia’s efforts to diversify its economy beyond oil
