Middle East

Wood Group wins Saudi Aramco contract

Wood Group has won a new multi-million dollar, five-year contract to provide engineering and project management services on Saudi Aramco's Marjan oil field.The contract is part of Saudi...... [continue reading]

GE and Baker Hughes to create new oilfield technology services company

GE has agreed to merge its oil and gas business with Baker Hughes to create a new oilfield technology services company creating annual revenues of $32bn from providing physical and digital technolo...... [continue reading]

Interserve joint venture awarded UAE mall contract

Interserve's construction joint venture Khansaheb, has been awarded a GBP81 million contract by Middle East developer Majid Al Futtaim (MAF), to expand and upgrade the City Centre Ajman mall in the...... [continue reading]

Virgin Australia to launch new services to LA and Abu Dhabi

Virgin Australia will launch services from Melbourne to Los Angeles and Perth to Abu Dhabi in 2017, increasing competition and choice for Australian travellers. On 4 April 2017, Virg...... [continue reading]

Qatar Airways increases stake in BA owned IAG

Qatar Airways has announced that it has increased it's holding in British Air...... [continue reading]

Qatar Airways increases it's stake in IAG

Qatar Airways has increased its shareholding in International Consolidated Airlines Group (IAG) to 15.01%. Qata...... [continue reading]

Vodafone returns to growth

Vodafone's organic sales have returned to growth and beat expectations after a strong performance in the fourth quarter, hiking the final dividend 2% to celebrate completing its Project Spring...... [continue reading]

Wood Group wins Middle East contracts, creating 100 new jobs

Wood Group has secured two new, three year contracts, collectively valued at over $140 million, to deliver technical services and expertise to one of the world’s leading international oil companies...... [continue reading]

Dubai's Dodsal Group discovers major gas find in Tanzania

Dubai-based Dodsal Group has made a major natural gas discovery in Tanzania and plans to invest an additional $300 million in the country over the next 24 months to support exploration and producti...... [continue reading]

ABB to supply high voltage products to help meet growing power needs in Qatar

ABB has won an order from National Contracting Company (NCC), a leading contracting company in the region, to supply high voltage Gas Insulated Switchgear (GIS), which will help address increasing...... [continue reading]

JDR awarded Middle East subsea umbilical contracts

JDR, a leading UK based supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded two umbilical contracts by McDermott Middle East Inc., for undisclosed opera...... [continue reading]

Modern Water secures foothold in the Middle East

Modern Water plc, the owner of leading technologies for water and wastewater treatment and the monitoring of water quality, has signed an agreement with Bilfinger Deutsche Babcock Middle East, one...... [continue reading]

Anglo American completes exit from the Middle East

Anglo American has announced that it has completed the sale of its interests in the operating joint venture entities which have historically operated under the Tarmac name in the United Arab Emirat...... [continue reading]

Airbus achieves record aircraft sales in 2015

Airbus has exceeded sales targets for 2015, achieving a new record of 635 aircraft deliveries for 85 customers of which 10 are new. These deliveries comprise: 491 A320 Family aircraft; 103 A33...... [continue reading]

Petrofac awarded Saudi Aramco contract

Petrofac has been awarded a contract by Saudi Aramco to undertake the engineering, procurement and construction (EPC) of a sulphur recovery plant as part of their Fadhili gas programme. Fad...... [continue reading]

Qatargas’ JBOG facility marks 1000th ship loading in one year of operation

Qatargas’ Jetty Boil-Off Gas (JBOG) recovery facility has achieved a major milestone marking its 1000th loading with the LNG Ship, Rasheeda. Since operations started in October 2014, the JBOG facil...... [continue reading]

New Contracts To Boost Denel's Armoured Vehicle Business

Denel Vehicle Systems has concluded a contract of more than R900-million with NIMR in the United Arab Emirates for the development and supply of advanced mine-protected vehicles. This contr...... [continue reading]

Petrofac lands $900m contract

Oil and gas services provider Petrofac has landed a four-and-a-half year contract with Petroleum Development Oman (PDO) to provide services for its Yibal Khuff project.The total contract val...... [continue reading]

Delivery Hero to buy Middle East online food service for $589m

Delivery Hero, the global leader in online and mobile food ordering, has announced the acquisition of Yemeksepeti in a transaction valued at US$589 million. This is the largest acquisition eve...... [continue reading]

Stevin Rock Chooses Rail Transport to Strengthen Its Distribution Network

Etihad Rail, the developer and operator of the UAE’s national railway network, has announced yet another strategic partnership to offer logistics services to a company operating in the re...... [continue reading]

Qatargas sells its first cargo of LNG to JOVO

Qatargas has sold its first cargo of liquefied natural gas (LNG) to Jovo LNG Storage and Transportation Co., Ltd. (“JOVO”), an independent LNG importer from the People’s Republic of China. The...... [continue reading]

Qatar awards $290mn worth of healthcare contracts

Qatar Public Works Authority has awarded $290mn worth of healthcare projects including the expansion of two hospitals in Doha and the construction of four...... [continue reading]

ETIHAD AIRWAYS PARTNERS UNVEILED

Etihad Airways has unveiled Etihad Airways Partners, a new brand which brings together like-minded airlines to offer customers more choice through improved networks and schedules and enhanced frequ...... [continue reading]

Abu Dhabi International Petroleum Exhibition & Conference

The Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) will be held from 10-13 November 2014 at the Abu Dhabi National Exhibition Centre.... [continue reading]