:: Excellence in Energy Awards honour industry leaders
Posted: 10 March 2008
The Excellence in Energy Awards, under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, and Chairman of the Emirates Group, honoured outstanding business leaders from the energy sector at an exclusive ceremony at The Jumeirah Beach Hotel on March 6, 2008.

:: Emerson and Cisco ties up to bring wireless solution
Posted: 10 March 2008
Emerson Process Management is collaborating with Cisco to offer open-standard solutions for wireless process and plant management applications that install easily and operate reliably in the challenging process manufacturing environment.

:: Aabar Energy gets new offer from Mubadala
Posted: 10 March 2008
Abu Dhabi’s Mubadala Development Company has offered to buy 100% of the shares owned directly or indirectly by Aabar Energy’s subsidiary, Pearl Energy Limited, for $833 million, Aabar Energy has announced.

:: Bahrain upbeat on upstream plans
Posted: 10 March 2008
Bahrain will add a number of new wells in the next 15 years, a senior energy official said last week. The ambitious announcement is seen as a display of confidence to kick-start its renewed upstream commitment.

:: Gulfsands completes first Khurbet East development well
Posted: 10 March 2008
Following the recent approval by the Syrian Government for the development of the Khurbet East Field, Gulfsands Petroleum has successfully completed the drilling of its first development well within the Khurbet East Field (KHE-4), the company said.

:: Oilex to test Sarha-1 in Oman
Posted: 10 March 2008
Preparations are underway to conduct Drill Stem Test (DST) #3 of the Lower Gharif Formation in the Sarha-1 well in Oman, under the Exploration and Production Sharing Agreement, Block 56, independent upstream firm Oilex Ltd said, who is the operator.

:: New Jebel Ali bunker to boost oil trade
Posted: 10 March 2008
A world class oil products storage facility will be built at Techno Park in Dubai to provide an initial capacity of 570,000 cubic metre, according to framework agreement signed by Dubai Multi Commodities Centre (DMCC), Star Energy Resources and Tropicana Trading DMCC.

:: OMS acquires manning arm
Posted: 10 March 2008
Offshore Marine Services (OMS) has acquired the manning division of Seabulk from Seabulk Offshore Dubai (a division of Seacor Holdings), the company has announced as part of the company’s continued global growth strategy.

:: T-3 Energy ties up with Aswan
Posted: 10 March 2008
Oilfield services company T-3 Energy Services has entered into a know-how license and technical services agreement with Aswan International Engineering Company, the company has announced.

:: Zenath acquires UAE’s largest horizontal drilling machine
Posted: 10 March 2008
Zenath Environmental Engineering Services, part of the ETA Ascon Star Group, has acquired the largest Horizontal Directional Drilling (HDD) machine in the UAE, the group has announced.

:: GE technology selected for Sinopec pipeline
Posted: 10 March 2008
China Petroleum and Chemical Corp. (Sinopec), China’s second largest oil and gas producer, has selected GE Oil & Gas compression technology for a new pipeline project designed to help ease natural gas shortages in the country’s eastern commercial hub, the company has announced.

:: Gates Corporation acquires A.E. Hydraulic
Posted: 10 March 2008
Hose and fittings supplier, Gates Corporation has acquired AE Hydraulic (Pte), a Singapore-based supplier of hydraulic and industrial hose solutions to the oil exploration industry, the company has announced.