Annual spend on data security breaches is far above global average, however GCC organisations take longer than European counterparts to contain a breach
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Posted inDRILLING & PRODUCTION
GCC governments could generate $10bn more per year by managing gas portfolios on a commercial basis: Strategy&
Reallocating just 10% of current production levels could increase the region’s GDP and foreign earnings by up to $10bn a year, or support the creation of 100,000 jobs
Posted inUncategorized
Honeywell on safety innovation in the GCC energy sector
Miroslav Kafedzhiev, vice president and general manager of Honeywell Safety and Productivity Solutions for the MERTA region, speaks about safety in the GCC energy sector, how the company designs its safety products, and the future for safety in the region.
Posted inDRILLING & PRODUCTION
$835bn in active oil and gas projects across GCC: ProTenders
Oil and gas accounted for 27% of main contract awards across the GCC in Q4 2018 and Q1 2019
Posted inEPC Contractors List
Petrofac wins $580mn EPC contract from GCC national oil company
Specific details in relation to the project remain confidential at this time and additional information is expected in due course.
Posted inNews
GCC must reform domestic gas prices to attract investment: GI research
In the last three years alone, LNG imports into the region grew by more than 380% against a backdrop of relatively stagnant activity in other major energy demand hubs
Posted inProducts & Services
GCC Petroleum Media Forum to award Saudi oilman
Dr Ibrahim Al-Muhanna will receive the Honorary Lifetime Achievement Award for the Advancement of International Petroleum Media at the 3rd GCC Petroleum Media Forum in Abu Dhabi on 19th April 2017.
Posted inNews
Oil price stabilisation to help GCC banks: Report
Funding pressure to ease for GCC banks in 2017 on oil price stabilisation, international sovereign debt issuance, Moody’s says in its report
Posted inProducts & Services
Aramco IPO could urge GCC NOCs to list oil assets
While Aramco is the world’s largest oil firm, the United Arab Emirates, Kuwait and Qatar also hold major oil assets that are managed by state companies
Posted inProducts & Services
Iran to resume gas export talks with GCC states
After recently striking a deal with Oman for construction of a subsea pipeline to export gas, Iran now expresses interest in restarting talks with Kuwait