iicorr Ltd, a technical integrity and asset assurance company have announced new contracts worth nearly US $1.6 million by oil & gas operators Fairfield Energy and OMV, and energy industry services companies Oceaneering and Schlumberger.

THE ICDL GCC Foundation, governing body and certification authority of the International Computer Driving Licence (ICDL) program in the Gulf region and Iraq, has signed a memorandum of understanding with SABIS University, Kurdistan as a partner to promote digital awareness and IT literacy in Iraq.

Aveva Group PLC, a provider of engineering design and information management solutions for power industries has announced the release of the first 64-bit versions of its powerful visualisation and design communication technologies.

GCC countries are expected to earn US$4.7 trillion in oil exports by 2020 going by the Opec targeted floor price of US$50 per barrel, a recent report by Ernst & Young says. 'This will be 2.5 times their [GCC countries'] oil earnings over the last 14 years. Middle East economies are predicted to be a real growth story for the next few years,