Thursday 25 May 2017

BP completes drilling of 50th well at Khazzan project

BP revealed that it has reached a significant milestone in the development of the Khazzan gas project in Oman, with the successful drilling and completion of the 50th well at the large gas field in Block 61, said a report. This is the final well targeted for completion enabling f


Iran, European firms sign $3.3bn petrochem plant deal

Iranian and European companies signed a contract valued at €3 billion ($3.35 billion) to build a petrochemical plant in the Assalouyeh region of southern Iran, said a report. The funds are expected to be spent towards building a plant that will make two types of polymers for


15 startups take part in ‘Investor Day’

Fifteen new startups were given an opportunity to pitch their business ideas to potential regional and local investors during the inaugural ‘Investor Day’ event, hosted by Qatar Science & Technology Park (QSTP) in collaboration with its partner, 500 Startups, at the Qatar Nation


Women achievers honoured at Dubai event

Local and expatriate women achievers from diverse fields of business and technology were honoured at the recently concluded Emirates Women Award, an event highlighting the role of women in the UAE society, held in Dubai, UAE. Dubai Quality Group, organisers of the event, conclude


Oman Air vows to back SMEs

Oman Air recently highlighted its commitment to promote Omani products and enterprises at a seminar held in cooperation with Oman trading platform “Taiseer”. The seminar held at Oman Tourism College was specifically organised for small and medium enterprises and the m


Honeywell introduces new cloud-enabled BMS

Honeywell, a global technology and manufacturing leader, has introduced Outcome Based Service, a new cloud-enabled building management service (BMS) aimed at making the region’s facilities greener, safer and more productive. The service helps prioritise building maintenance


Oman Shipping sets up new chartering service

Oman Shipping Company (OSC), one of the biggest ship owners in the Middle East and North Africa (Mena) region, has set up a new commercial chartering desk offering its very large crude carrier (VLCCs) to major traders and charterers covering VLCC routes worldwide.  


DigiRobotics inks $26m Saudi deal at Gisec

DigiRobotics, a Dubai-based autonomous robotics and drone solutions provider, has signed a deal worth $26 million with Saudi Arabian defence technology giant Taqnia at Gisec 2017, the Middle East’s largest cybersecurity event in Dubai, UAE. The partnership will form a joint


SR Technics named ‘Independent MRO of the Year’

SR Technics, a leading maintenance, repair and overhaul (MRO) service provider with major presence in the UAE, has been named Independent MRO of the Year 2017. The award was formally presented during Airline Economics’ Aviation 100 Awards in Dublin, Ireland.


Mapei unveils top product lines at Dubai expo

Mapei, a leading manufacturer of adhesives, sealants and chemical products in the construction industry, is  showcasing two of its most powerful product lines at the ongoing Middle East Stone exhibition in Dubai, UAE. Dedicated to the stone, marble and ceramics industry, the

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