Technical Focus

Petrochem announces Q1 2011 preliminary results


Petrochem has reported a net loss of US$2.7mn higher than the estimated US$0.9mn in Q1 2011, according to the latest report by the Saudi bank, NCB Capital (NCBC).

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AnTech’s new coiled tubing equipment


Antech, a specialist engineering design and manufacturing company recently expanded its range of equipment for electric wireline in coiled tubing (CT).

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GE to supply wellhead sensors for Goliat project


GE's Sensing Business was awarded a contract to supply around 130 subsea wellhead sensors for installation in the Goliat field, which is located within the Norwegian sector of the Barents Sea.

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SABIC is set to benefit from its expanding production base


SABIC, Saudi Basic Industries Corporation, is expected to benefit from its expanding production base, improving petrochemical and fertiliser prices and growing demand, according to a new report by the Saudi bank, NCB Capital (NCBC).

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Petrochem commercial operations to start in Q2 2012


NCB Capital (NCBC) released a new report on Petrochem and expects the company to continue to report losses until Q2 2012 when its petrochemical complex will start operations.

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