Endress+Hauser sets up JV in Saudi

Endress+Hauser will establish a joint venture with Abudawood Group, a Saudi sales company, to increase its local market presenceMeasurement engineering specialist intensifies its presence in the Middle East in a joint venture with the Abudawood Group

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Petrofac and Schlumberger to join forces

Petrofac_SchlumbergerPetrofac and Schlumberger announced that under a new deal they would be combining their production services and enhancement arms to address new market opportunities.

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Iraq’s 4th energy auction postponed to April

Iraq_energy_auctionThe 4th oil and gas auction in Iraq, initially scheduled to take place on March 7-8, has been pushed back to April 11-12, 2012.

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Qatar publishes its first Sustainable Development Report

Qatar_reportDr. Mohammed Bin Saleh Al-Sada, Minister of Energy & Industry, launched Qatar's first Sustainable Development Industry (SDI) Report that covers the various sustainability initiatives and projects undertaken by energy & industry stakeholders operating in the country.

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Fujairah buys part of Gulf Petrochem oil storage facility

Fujairah_GulfGulf Petrochem Group has signed an investment agreement with the Government of Fujairah's subsidiary Fujairah Petroleum Company (FPC) which sees FPC buy a 12 per cent stake in its upcoming storage terminal project in Fujairah.

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