Emerson is expanding its presence in Saudi Arabia with the development of a new manufacturing hub at the King Salman Energy Park (SPARK), which is being built by Saudi AMANA
Industry
OPEC+ supply restraint sets the 2024 playing field for oil prices: S&P Global
Non-OPEC supply growth alone capable of meeting demand global growth while OPEC+ cuts keep floor under prices
Well integrity-specialist Coretrax plans further expansion
Coretrax, a leader in oil and gas well integrity and production optimisation, has appointed Colin Graham as the company’s first sales and operations manager for Africa as it plans for further growth in the region
WEF recognises Aramco's Yanbu Refinery for 4IR standards
Yanbu Refinery has become the fourth Aramco facility to be added to the World Economic Forum (WEF) Global Lighthouse Network, having been recognised for its pioneering deployment of cutting-edge technologies to deliver a range of operational, commercial and environmental benefits
ADNOC to become controlling shareholder in Fertiglobe
ADNOC is to acquire OCI Global’s entire majority shareholding in Fertiglobe plc, the largest nitrogen fertiliser producer in the Middle East and North Africa and producer of sustainable ammonia