Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (ENOC) "materially undervalued" the company.
European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.
Restrata, a major provider of terrestrial services in hostile and remote environments, has been awarded a $1.2 million dollar contract to deploy a new managed Internet network across six locations in Iraq.
More than 1,500 research and industry professionals are taking part in the Abu Dhabi International Research and Development Conference and Exhibition (Adrac), which opened in the UAE capital today (May 24).
The Middle East’s oil and gas automation and instrumentation market is set to witness significant growth over the next few years, according to industry experts gathering this week in Abu Dhabi for the ISA Automation ...
China is preparing to shuffle the leadership of its biggest oil companies, helping clear a path in a crucial area of the economy for President Xi Jinping as he plans his overhaul of the nation’s bloated state sector
Apollo Offshore Engineering has signed a collaboration agreement with ABT Oil and Gas (an Enegi Oil-ABTechnology joint venture) to join the Marginal Field Delivery Consortium providing expertise in the structural eng ...
Kongsberg Oil & Gas Technologies AS, a wholly owned subsidiary of Kongsberg Gruppen, has signed a non-exclusive cooperation agreement with KBC Advanced Technologies (KBC) to develop stronger simulation software integ ...