McDermott provides update on sale of its US pipe fabrication business
McDermott International provided an update on its asset sale process. The company has completed the sale of Alloy Piping Products (APP), the distribution and …
End-User Industries
Saudi Aramco and Baker Hughes sign MOU for non-metallic materials production facility in Saudi Arabia
Saudi Aramco and Baker Hughes, a GE company (BHGE) yesterday signed a memorandum of understanding to create a new joint venture facility in Saudi Arabia to …
World’s only natural gas-to-gasoline plant in operation in Turkmenistan
Last Friday, a grand event marked the official opening of the world’s only natural gas-to-gasoline plant close to Ashgabat, the capital of Turkmenistan. His …
World’s largest offshore oil platforms inaugurated in UAE
The world’s largest offshore oil platforms have been officially inaugurated after being made in the UAE by the National Petroleum Construction Company (NPCC) …
Adnoc closes landmark pipeline infrastructure investment with KKR and BlackRock
The Abu Dhabi National Oil Company (Adnoc) announced today that it has closed its pioneering pipeline infrastructure investment agreement with BlackRock and …
Saudi Aramco signs 12 agreements with South Korean partners worth billions of dollars
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international …
Mohammed Ghazi Al-Mutairi joins Petrofac as Country Chair – Kuwait
Petrofac has appointed Mohammed Ghazi Al-Mutairi as Country Chair, Kuwait, recognising the multiple substantial projects and activities the company has …
Wood continues growth in Norway with two new Equinor contracts
Wood has secured two new contracts from Equinor for onshore and offshore facilities in Norway. The contracts continue Wood’s successful track record of …
McDermott awarded large offshore EPCI contract from Saudi Aramco
McDermott International announced today a large (between USD $50 million and USD $250 million) contract award from Saudi Aramco for engineering, procurement, …
Rotork electric actuators installed at sewage treatment plant
Third generational IQ multi-turn electric actuators have been installed on eight penstock gate valves to control the flow of wastewater entering the STP in …