McDermott’s Senior Vice President for EMEA, Tareq Kawash, comments on keeping business up during a pandemic, his vision
for the region, and the EPC company’s transformation.
Bernard Dunn, president of Boeing Middle East, North Africa, and Turkey, comments on the new capabilities that drones give the oil and gas industry
Impact of low oil prices over longer term coupled with drop in tourism will challenge GCC economies, says Saxo Bank
ADNOC has successfully completed a placement to institutional investors of 1.25 billion shares in ADNOC Distribution
The oil and gas industry recorded contract value of $31.96bn in Q2 2020, as compared $18.01bn reported in the previous quarter
The onshore oil field produces more than 370,000 barrels per day
GCC nations made additional cuts to help boost compliance
The multi-million-dollar contract extends a long-term partnership originally established in 2002
The overall decline in the investment outlook – mostly in planned investments – is largely attributed to the 2020 triple crisis: the COVID-19-related health crisis, oil crisis and a looming financial crisis
