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Gulf Capital buys stake in oil field services firmGulf Capital is buying a controlling stake in OCB Oilfield Services, which provides crews and logistics for oil rigs, to boost its exposure to the sector, said the UAE-based private equity firm in a statement. Gulf Capital, which More… |
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Major oilfield services base launched in BahrainThe state-of-the-art Bahrain Oilfield Services base of Schlumberger, the world’s largest oilfield services company with headquarters in Houston, was inaugurated yesterday. The Jebel Al Dukhan base was inaugurated by Finance Minist More… |
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AlMansoori opens office in UgandaAlMansoori Specialized Engineering (MSE), a leading Abu Dhabi-based oilfield service company, has expanded its operations into East Africa by opening its first office in Kampala, Uganda. Newly appointed base manager George Chesnaye will he More… |
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Saipem wins $904m Kuwait, Angola dealsItalian oilfield services company Saipem has won two contracts worth around 580 million euros ($903.5 million) for onshore projects in Kuwait and Angola, it said in a statement. The Kuwait contract is for construction of a gas booster stat More… |
