:: UAE to set up nuclear agency
Posted: 24 March 2008
Opec-member United Arab Emirates has decided to set up a nuclear body to assess and develop its peaceful nuclear energy program, the cabinet making the announcement, according to the UAE news agency WAM.

:: Iran and Swiss firm signs rare gas deal
Posted: 24 March 2008
Iran and Switzerland has signed a major energy deal that will allow the European country to tap Iranian gas, a move that could lessen Europe’s dependence on Russian gas, according to Iran’s oil ministry news agency.

:: Iraq opens bids for seismic sweep
Posted: 24 March 2008
Iraq’s Oil Ministry has invited local and international oil companies to bid for contracts providing technical support for two major oil fields in southern and northern Iraq, according to AP news wires.

:: Taqa gains 113% leap to $272 million
Posted: 24 March 2008
Abu Dhabi National Energy Company (Taqa) reported a 72 percent increase in revenues to Dh8.3 billion ($2.26 billion) last year, a jump from Dh 4.8 billion ($1.3 billion) in 2006.

:: Al-Qahtani acquires Dalma Energy from GulfCap
Posted: 24 March 2008
The ownership of drilling firm Dalma Energy and its subsidiary has been transferred to Saudian firm Al-Qahtani Investments (AQI) from Aabar Petrolem Investments.

:: Hercules scores Saudi Aramco contracts
Posted: 24 March 2008
US-based drilling company Hercules Offshore, Inc. has signed contracts to provide Saudi Aramco with two jackup drilling rigs for three-year terms plus one-year fixed price options at the same rate, the company said.

:: Samref and ASC sign procurement and logistics deal
Posted: 24 March 2008
Aramco Services Co. (ASC) and Saudi Aramco Mobil Refinery Co. Ltd (Samref)has entered into an agreement for ASC to provide Samref with procurement and logistics (P&L) services for materials marketed in North and South America.

:: Perma-Pipe to perform Indian pipeline pre-insulation
Posted: 24 March 2008
Perma-Pipe, a MFRI subsidiary, has received an order to carry out the factory insulating and jacketing services for a 600-km long, 24-inch diameter heavy crude oil pipeline in India, the company has announced.
The pre-insulation services will be rendered at a new Perma-Pipe facility to be located in Mundra, India at the premises of Jindal Saw Ltd. Jindal, one of India’s largest steel pipe producers, will manufacture and fabricate the pipe for the project.

:: AlMansoori sets new chemical facility in Abu Dhabi
Posted: 24 March 2008
Global Chemical Company LLC, a wholly owned subsidiary of AlMansoori Specialized Engineering, has set plans for a new specialised chemical manufacturing facility in Abu Dhabi.

:: Thuderbird brings Oil & Gas course in the region
Posted: 24 March 2008
Thunderbird School of Global Management is offering its successful Advanced Management Program for Oil & Gas in the Middle East through a partnership with the Center for Management & Professional Development, the community outreach arm of the University of Dubai.

:: Young GCC engineers in demand
Posted: 24 March 2008
ESR Technology, one of the world’s leading engineering, safety and risk management companies has announced major expansion in the Middle East, encouraging young nationals of Gulf Co-operation Council (GCC) countries to join them.