Industry

Conbit’s new knuckle boom crane enhances offshore lifting capabilities

conbit 20Conbit has enhanced its rental crane fleet by investing in a new knuckle boom crane that is ideal for specialist offshore lifting

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TWMA strengthens Middle East presence with new appointment

Mohamed Galal minTWMA, provider of specialised drilling waste management services, has strengthened its senior management team with the appointment of Mohamed Galal as regional director for MENA

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US$9.9bn in M&A recorded in global oil and gas equipment and services industry in Q3 2018

merger 19A combined value of US$9.9bn in mergers and acquisitions (M&A) was recorded in the oil and gas equipment and services industry in Q3 2018, according to GlobalData a leading data and analytics company

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Promise of IoT and AI in the oil sector very big – UAE Minister for AI

AI 19Omar bin Sultan Al Olama, UAE minister for artificial intelligence, has shared his vision of the oilfield of the future at ADIPEC 2018

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‘Middle East driving global growth in conventional oil output’

oil output 16Middle Eastern oil production is expected to grow by 2.7 mmbbl per day by 2025, according to latest Rystad Energy analysis

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