Qatar Petroleum (QP) has announced that it will declare its restructuring plan in the coming months to adapt to the drop in oil prices
Industry
New report reveals rise in midstream M&A in Q1 2015
Midstream oil and gas deals activity, including capital markets and mergers and acquisitions (M&A), increased globally from 129 transactions in Q4 2014 to 139 in Q1 2015, says research and consulting firm GlobalData
GulfTalent survey finds GCC set to create more jobs in 2015
A growing number of employers in Gulf countries are expected to increase their workforce in 2015 despite a fall in oil prices, a survey from GulfTalent has noted
Saudi Arabia to revamp Saudi Aramco
Saudi Arabia’s Supreme Economic Council has approved the restructure of state oil giant Saudi Aramco, which includes separating it from the Oil Ministry
Al-Falih is Saudi Aramco’s new chairman
Saudi Arabia’s King Salman named health minister Khalid A. Al-Falih chairman of Saudi Aramco replacing oil minister Ali Al-Naimi, according to local reports