Industry

Honeywell develops strong local presence in Iraq

HoneywellHoneywell announced an expansion of its Iraqi investment with the opening of a second full-service office in Basra, which will further strengthen the company's commitment to its customers and partners.

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Exxon sees economic optimism due to energy demand growth

Rex_TillersonFuture growth in world energy demand is a cause for optimism because it will signal economic recovery and progress, Rex Tillerson, chairman and chief executive officer of Exxon Mobil, said at the World Petroleum Congress in Doha.

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Iran to offer contracts for 21 oil and gas fields

Iran_deal

According to Iran’s Oil Minister Rostam Qasem the country is ready to offer contracts for 21 oil and gas fields to domestic and foreign investors.

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Global energy challenges need realistic solutions - Khalid A. Al-Falih

Global_energy_Khalid_AKhalid A. Al-Falih, President and CEO of Saudi Aramco, delivered a keynote address "Resetting the Energy Conversation: The Need for Realism" at The King Abdullah Petroleum Studies and Research Center's Inaugural Energy Dialogue.

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Technip forms subsea and offshore engineering company

Technip_1Technip has announced the formation of a new and enhanced worldwide consultancy, subsea and offshore engineering services company.

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