The two companies will provide opportunities for their respective employees, who will be temporarily assigned by means of a ‘secondment’ to each other’s businesses
Search results
Oman oilfield ICV spend targeted at $3.5bn: Report
The amount maybe spend on local content development in the form of ‘Omanisation’, training, and patronisation of locally sourced goods and services
Omani firms making inroads as oilfield operators
Five local companies established as operators in upstream sector, the government-owned Oman Oil Company Exploration & Production being the latest entrant
‘Door still open’ for oil concession talks: ADNOC
The Abu Dhabi National Oil Company’s CEO says the door was still open for talks on awarding stakes in its 40-year onshore concession to develop the UAE’s biggest oilfields
Will keep raising production: Iran oil minister
OPEC secondary sources put Iran’s current output at 2.93mn bpd
Petrofac exec ‘paid $2m bribe’ for Kuwait oil deal
Oilfield services giant is alleged to have ordered ‘confidential payments’ to help win oil contract in Kuwait
Oil & gas equipment corrode by 4-5% a year: Expert
Senior Saudi Aramco official says oil giant practises a 17-step corrosion management programme for asset protection
OPEC oil production rises to 32.47mn bpd in March
Reuters survey says higher supply from Iran and near-record exports from southern Iraq offset maintenance and outages in smaller producers
Iran can add 500,000 bpd oil supply in a year: IEA
IEA’s estimate of Iran’s supply increase from existing oilfields was in line with previous market estimates
Bahrain’s oil & gas industry gets financial boost
The $570mn sharia-compliant, five year financing is the first foray for nogaholding into the syndicated credit markets