The potential IPO could raise funds to address the nation’s debt, with $4bn budget deficit between January and September 2019
Author Archives: Staff Writer
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OPEC+ production cuts deepen to 2.1mn barrels per day
Saudi Arabia will shoulder additional cuts, while complianc among OPEC+ remains a key issue
Open for business: How the Middle East’s new approach to partnership could transform the oil and gas sector
The Middle East’s changing approach to foreign partnerships, with an eye on diversification and transformation, is set to reshape the regional oil & gas sector and the IOCs that enter it
IPTC 2020 Saudi Arabia to draw top oil and gas experts
The Society of Petroleum Engineers tells us about the upcoming International Petroleum Technology Conference in Saudi Arabia, which will be held between 13-15 January, 2020 at Dhahran EXPO
Smart controller system wiring boosts operational reliability
Dr. Amer Tarraf, EVP Middle East at Weidmüller Group, says efficient wiring is key to reliable operations
Repsol targets net zero emissions by 2050
The company is setting a decarbonisation path with intermediate targets for 2020 to 2040
Data centres pivotal to data processing for the oil and gas industry, says GlobalData
Companies are investing in data centres to gain the ability of processing data in real-time and generating insights
GCC chemical industry reached revenue of $84.1bn in 2018
Oman’s chemical sector has the highest contribution to GDP among the GCC countries, with 5.1% in 2018, which is double that of the region
Global oil stocks will balloon if OPEC fails to agree on deeper production cuts
Barring additional oil production cuts by OPEC in 2020, Rystad Energy forecasts a substantial build of global crude stocks and a corresponding drop in oil prices
EnerMech appoints Chris Brown as CEO
Chris was previously CEO of global engineering and construction company, Kentz, where he successfully led the growth from a small AIM listed business to a $2.5bn revenue FTSE 250 company before its sale and integration into SNC Lavalin in 2014