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
Technology
PDO awards GE Oil & Gas technical services contract
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
Saudi Aramco to build shipyard for offshore vessels and rigs maintenance
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
GE Oil & Gas and QAFCO sign deal to upgrade gas turbines
GE Oil & Gas and Qatar Fertiliser Company (QAFCO) have partnered for a 15-year technical development agreement that will enable the latter to strengthen the operational efficiency of its gas turbines
GDI receives offshore rig from Keppel ahead of schedule
Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has recently delivered KFELS B Class jackup — Halul — to Qatar’s Gulf Drilling International (GDI)