Middle East

SNC-Lavalin and Saudi Aramco sign MoU supporting in-country opportunities

Submitted by Editorial staff on 14th December 2017

14th December 2017

SNC-Lavalin (TSX: SNC) and Saudi Aramco today signed a Memorandum of Understanding (“MoU”) signalling SNC-Lavalin’s continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia.

Cleansorb ORCA™ for OBM well treatments increase production and water injectivity offshore Middle East

Submitted by Editorial staff on 14th June 2019

14th June 2019

Cleansorb, a leading provider of patented chemical well treatments that enhance hydrocarbon production for the international oil and gas industry, today announced that following a series of successful ORCA™ for OBM treatments on offshore oil production wells and a water injection well drilled with OBM, increased production and water injectivity have been achieved on behalf of a major operator in the Middle East.

Abu Dhabi Launches Second Bid Round for Five Major Exploration Blocks with Substantial Oil and Gas Potential

Submitted by Editorial staff on 1st May 2019

01st May 2019

Second set of major onshore and offshore blocks across the emirate of Abu Dhabi opened for competitive bid round following conclusion of the highly successful debut bid round. Exploration studies suggest blocks could contain significant amounts of conventional and unconventional oil and gas resources.

Unique Group to exclusively represent Add Energy to provide asset and maintenance management solutions in the UAE

Submitted by Editorial staff on 1st April 2019

01st April 2019

Unique Group, one of the world’s leading integrated subsea and offshore solutions providers, has announced that it has entered into a key agreement with Add Energy Asset & Integrity Management to provide asset and maintenance management consultancy and software solutions to energy and manufacturing companies in the UAE.

Saudi Aramco to acquire 70% majority share in SABIC

Submitted by Editorial staff on 27th March 2019

27th March 2019

SABIC announced that Saudi Aramco signed today a share purchase agreement to acquire a 70% majority stake in SABIC from the Public Investment Fund of Saudi Arabia in a private transaction.