Saudi Aramco has awarded a contract to East Pipes Integrated Co for nearly $24.8 million, East Pipes said in its bourse disclosure. The eight-month deal covers the manufacturing and supplying of steel pipes to Aramco. East Pipes Integrated indicated that the agreement will reflect on its income statements during the fourth quarter (Q4) of fiscal […]
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Posted inDRILLING & PRODUCTION
Oil turbulent as Covid-19 infections and US stocks battle against positive economic data
Oil prices swing from gains to losses today amid the Covid-19 infections growth, US stocks surprises and some positive economic data
Posted inDRILLING & PRODUCTION
OPEC oil production drops in December as compliance grows: Reuters survey
Iraq and Nigeria notably cut their production in December, edging closer to compliance with the OPEC+ agreement to curb output
Posted inDRILLING & PRODUCTION
Al-Falih, Mazrouei comment on oil supply and OPEC’s next steps
Despite geopolitical tensions and production drops from multiple OPEC members, KSA and UAE say inventory build-ups persist
Posted inNews
Analysis: Make the most of the good times
Andrew Robins, controls director at EnerQuip, examines the importance of a reliable and effective supply chain to Middle Eastern operators
Posted inProducts & Services
Number of open RasGas tenders near closing date
Tenders include installation of radio towers at Ras Laffan
Posted inProducts & Services
Graham Corp wins orders worth $5mn
Company will supply equipment to United States and Middle East