Technical Focus

Petrochem announces Q1 2011 preliminary results

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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

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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

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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

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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

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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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