Industry

MENA shows robust performance in energy sector amid geopolitical risks

appiIn line with the initiatives to boost energy economy across the Middle East, the UAE and Kuwait have announced ambitious capacity targets for 2022 to invest more than US$220bn to develop the countries’ energy sector

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Halliburton’s UAE facilities achieve API Q2, ISO 9001 and OHSAS 18001 certifications

Halliburton UAE FacilityThe UAE facilities of Halliburton have received the American Petroleum Institute (API) Specification Q2, ISO 9001 and OHSAS 18001 certifications

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SNC-Lavalin signs contract for a major PVC plant in Oman

SNC OmanMontreal-based SNC-Lavalin has signed an exclusive agreement with Project Development & Management International LLC (PDMI) in Oman, to design and deliver a greenfield chlor-akali PVC plant located 150km southeast of Muscat

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Kuwait slower than peers in diversifying economy: Moody's

Kuwait MoodysMoody's said that Kuwait's credit profile reflects its "substantial" oil and gas reserves, balance of payments surpluses and low government debt

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Indian oil minister says Saudi "revisiting" output cut policy: Reuters

India Saudi StoryIndia's oil minister Dharmendra Pradhan, referring to a discussion with his Saudi counterpart, said that Saudi Arabia and other OPEC producers were "revisiting" their policy of cutting crude oil output

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