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Petrofac swings to full-year loss as sales slide
Chief executive admits oilfield services group must ‘do better to restore confidence’ The new chief executive of oilfield services group...

Raymond STERN
Apr 19, 2021


Petrofac secures $80m contract extension for key Iraq project
The contract extension award comes after Petrofac was suspended by ADNOC from competing for new projects over bribery charges. London...

Raymond STERN
Mar 19, 2021


Abu Dhabi defers offshore project bidding schedule
Technical bids for the estimated $400m Umm Shaif LTDP phase one project were submitted in August last year Abu Dhabi National Oil Company...

Raymond STERN
Mar 18, 2021


Alyasra Group: Mohamed Samir Discusses Food Services and Fashion Retail in Kuwait and the GCC
Interview with Mohamed Samir, Group CEO at Alyasra. What sort of challenges are you facing internally to help you grow your business?...

Raymond STERN
Mar 5, 2021


Ocean Network Express CEO: Seeing 'Unusual Situation'
Jeremy Nixon, chief executive officer of Ocean Network Express Holdings, the world's sixth-largest and Japan's largest container shipping...

Raymond STERN
Feb 9, 2021


New Digital Operations for the Shipping Industry | McKinsey & Company
In this McKinsey & Company webinar, our panelists discuss how next-generation operations are changing the shipping industry. Within the...

Raymond STERN
Feb 8, 2021


Siemens Energy compressors to help Saudi Aramco enhance Marjan production
Siemens Energy to supply 21 high-efficiency compressor trains for expanding Marjan oil and gas field in the Kingdom of Saudi Arabia...

Raymond STERN
Feb 7, 2021


Petrofac bags $300m worth of contracts from Oman’s PDO
The London-listed firm will provide EPC, commissioning, start-up, and initial operational support for MMPS Gas Compression project Under...

Raymond STERN
Feb 4, 2021


Abu Dhabi’s Hope Consortium expands reach via four key partnerships
The four companies cover 80 per cent of the world’s countries and transported over four million tons of air freight cargo globally last...

Raymond STERN
Dec 16, 2020


Logistics Planning & Budgeting: A Fresh Approach for 2021, by Mckinsey & Company
COVID-19 has created new challenges when it comes to logistics planning, management and budgets. We look at how the logistics industry...

Raymond STERN
Dec 16, 2020


Petrofac deepens cost cuts as pandemic effect persists
Oilfield services group expects sustained period of subdued demand from customers. Petrofac will deepen its cost-cutting next year after...

Raymond STERN
Dec 16, 2020


The Future of Ecommerce in 2021: 5 Trends
What’s the new normal for commerce? And what can you do to thrive in 2021 and beyond? 25+ industry leaders, investors, and commerce...

Raymond STERN
Dec 9, 2020


Abu Dhabi launches 'The Hope Consortium' for full global vaccine distribution
Amid an anticipated surge in vaccine logistics demand, Abu Dhabi is poised to cement its position as the global logistics hub to...

Raymond STERN
Nov 24, 2020


Aramco awards major Long-Term Agreements to eight companies for its oil and gas brownfield projects
Aramco has today announced a new contracting strategy for the Company’s oil and gas brownfield and plant upgrade projects. The strategy...

Raymond STERN
Nov 23, 2020


Next level procurement in logistics and transportation
Procurement is still a fragmented and underserved function in logistics companies. Our experts share best practices from some recent cases.

Raymond STERN
Nov 12, 2020


Duqm Refinery project nearly 72pc completed
Leading regional oil giants Oman Oil Company and Kuwait Petroleum International have made steady progress on their refinery project in...

Raymond STERN
Nov 3, 2020


DHL Global Forwarding supports Kuwait’s fight against Covid-19.
Over the course of two months, DHL Global Forwarding, the leading international provider of air, sea and road freight services, delivered...

Raymond STERN
Aug 3, 2020


Two corruption cases rattle Sonatrach in Algeria and Lebanon
Algeria has initiated an investigation into Sonatrach’s acquisition of the Augusta refinery in Italy. What’s more, one of the Algerian...

Raymond STERN
Jul 8, 2020


Eni and Sonatrach complete 10MW solar project in Algeria, plan hybrid solar R&D hub for deserts
A pair of oil and gas giants, Algerian state-run company Sonatrach and Italy-based firm Eni, have inaugurated a 10MW solar PV project to...

Raymond STERN
Nov 26, 2018


SAMSUNG, PETROFAC AND SAIPEM AWARDED CONTRACT FOR THAI OIL REFINERY PROJECT
Samsung Engineering (Seoul; www.samsungengineering.com) signed an approximately $4-billion contract for the Thai Oil Public Company...

Raymond STERN
Oct 19, 2018
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