Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) programme has announced the completion of what it claims to be the largest offshore tie-in platform in Saudi Arabia
Industry
SNC-Lavalin wins five-year contract from Oryx GTL
Canadian EPC contractor SNC-Lavalin has announced that it has won a five-year engineering consultancy and support services contract by Oryx GTL for its gas-to-liquids (GTL) complex at Ras Laffan Industrial City in Qatar
Middle East offers glimmer of hope as oil services see decline
A new report by Douglas Westwood (DW) has revealed that annual spending in the Middle East is expected to increase despite predictions that 2016 will see the start of a barren period for the offshore oilfield service (OFS) sector
SABIC and ExxonMobil plan petrochemical JV in USA
Saudi Arabian Basic Industries Corporation (SABIC) and an affiliate of ExxonMobil Corporation are considering the potential development of a jointly owned petrochemical complex on the US Gulf Coast
MHWirth agrees to sell MPO to AFGlobal
MHWirth, subsidiary of Akastor ASA, has reached an agreement with AFGlobal Corporation to divest its managed pressure drilling (MPD) business through the sale of its subsidiary, Managed Pressure Operations (MPO)