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International energy consultancy Xodus Group has been awarded a contract with Qatargas to provide vibration engineering services at onshore and offshore facilities.
Working in partnership with Chiyoda Almana Engineering, Xodus will look to develop a long‐term …Read full article » : Wednesday, July 23 - 2014 @ 14:33
Qurain Petrochemical Industries Company (QPIC) has announced a net profit of KD0.93 million (US$3.3 million)for the first quarter of the 2014/2015 financial year ended 30 June 2014.
This represents a decrease of77.6% or KD 3.2 …Read full article » : Wednesday, July 23 - 2014 @ 13:25
As part of its commitment to strengthening customer service efficiency, Emirates National Oil Company (ENOC) has introduced long fueling hoses with retractors for Special petrol refueling at 16 high-traffic service stations in Dubai. Motorists can …Read full article » : Wednesday, July 23 - 2014 @ 12:45
RAK Petroleum Public Company Limited, the energy investment company,today announced net profit of Dhs58.1million for the year ended 31 December 2013,marking afifth consecutive year of profitability.
The Company’s assets include a 42.8% shareholding in DNO ASA,the …Read full article » : Wednesday, July 23 - 2014 @ 12:19
The Egyptian ministry of petroleum has agreed with foreign oil firms to settle all of its arrears by 2017 instead of its previous plan to pay EGP21bn ($3bn) out of a total of EGP42bn ($6bn) …Read full article » : Wednesday, July 23 - 2014 @ 06:34
Iranian crude exports to China in the first half of the year climbed nearly 50%, although shipments in June dropped nearly a third from May to the lowest level in four months, Reuters has reported. …Read full article » : Wednesday, July 23 - 2014 @ 06:34
Saudi Electricity Co (SEC) has posted a 144% jump in its net profit for the second quarter, thanks to a one-time gain, Reuters has reported. The Gulf’s largest utility firm said it made SR3.66bn ($976m) …Read full article » : Wednesday, July 23 - 2014 @ 06:33
In Doha, the Qatar Exchange 20 Index ended a four-session long gaining streak by falling 0.97 per cent to hit 13,155.58 points on Sunday, July 20.
Gulf International Drilling Limited gained against the trend and closed …Read full article » : Sunday, July 20 - 2014 @ 16:33
Al-Futtaim Engineering’s Facilities Management division has won a multi-million dirham contract from the Federal Electricity and Water Authority (FEWA) for annual maintenance of its HVAC units.
The two year contract will see the Al-Futtaim company …Read full article » : Sunday, July 20 - 2014 @ 09:47
Mubadala Petroleum has signed a cooperation agreement with the Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia.
During the first half of 2014, a high level engagement took place between the …Read full article » : Saturday, July 19 - 2014 @ 13:06