The move by the UAE Energy Ministry, the first in 2017, comes as the price of Brent crude – the global crude oil benchmark – has remained subdued and trading around $52 a barrel for the past couple of weeks
Search results
Posted inProducts & Services
Interview of Dr Wolfgang Hoppmann, CEO, Schmidt ME
Interview wwith Dr Wolfgang Hoppmann, CEO, Schmidt Middle East Logistics.
Posted inProducts & Services
Special Report: Digital transformation
The Middle East and GCC petrochemical industries are on par with global leaders in undergoing digital transformation, observes Dr Hichem Maya, Head of Industries, SAP MENA.
Posted inNews
MENA energy investments to approach $1tn: APICORP
While global investments in the industry continued their decline in 2016, down by 24% as compared to 2015, the MENA region is expected to see an increase of 7% in energy investment activity compared to data of the previous year
Posted inProducts & Services
Gulf markets may see more IPOs with the downturn
The planned initial public offering (IPO) of Saudi Arabia’s oil giant Aramco could encourage other Gulf countries to list parts of their prized oil assets, reversing a steady decline in market listings
Posted inProducts & Services
NDT CCS acquires majority stake in Omani firm
NDT CCS provides conventional and advanced NDT services as well as material testing laboratory services for a range of industrial sectors including oil and gas, petrochemicals, mining, nuclear and utilities
Posted inNews
Cover Story: Contracting expertise
Alan McLean, executive vice president of the oil & gas business of SNC-Lavalin says an order book replete with energy engineering projects in the MENA region is helping the Canada-based EPC contractor survive the prevailing downturn in the energy industry
Posted inNews
Comment: Optimising midstream
With new business slowing, the midstream industry is currently experiencing a shift from greenfield projects to revamps, aimed at minimising CAPEX in a bid to make existing plants more profitable when operational improvements are limited
Posted inProducts & Services
Interview: Greater convergence
Iain MacKay, COO, Petrotechnics, discusses how digital technologies can empower organisations in the refining sector to drive convergence for integrated business processes that provide them with actionable insight about their businesses.
Posted inProducts & Services
5 Minutes With: Ali AlHosani
Featuring Ali AlHosani, general manager, TS&S Industrial, Oil & Gas Middle East delves beneath the corporate strategy to understand what really makes the industry’s leaders tick