The Saudi bank, NCB Capital (NCBC), released a new report on Yanbu National Petrochemical Company (Yansab) stating that the Saudi petrochemcial company is expected to benefit from full year contribution of its production, supported by higher petrochemical prices.
Technology
Complex subsea operation completed
T.D. Williamson S.A., a leading supplier of pipeline services and equipment, has performed a complex subsea hot tap operation on the Temsah Concession gas pipeline network for operator Petrobel on behalf of Eni S.p.A.
Helping drilling go green
Hanovia, a leader in UV disinfection technology for aquaculture and industrial applications has employed advanced laboratory testing to validate the effectiveness of UV disinfection against sulphate reducing bacteria (SRB) species that are commonly found in fluids used in the oil and gas industry.
Political risks for international oil companies in the MENA region
Recent civil unrest across North Africa and certain countries in the Middle East serves a salutary reminder to investors of the inherent risks of emerging markets. North Africa, in particular, is strategically important to many international oil companies (IOCs) headquartered in Europe.
Spatial information system
Leica Geosystems, best known for its array of products that capture, analyze, and present spatial information has been working with surveyors to get real time market feedback on its Viva GNSS system.