• Hydrasun announces Middle East expansion – Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy industry, has announced the launch of a new company and associated office and workshop facilities in the Middle East.
• Hydrasun FZE, based in Dubai, UAE, has been formed to support the company’s growing number of customers in the Middle East. The new 1000m2 facility will establish a permanent presence in the region supplying Hydrasun’s complete range of products and added value services as well as facilitating the pursuit of new business opportunities.
• Opec reports record high in petroleum exports – Export revenues reached $1.26 trillion in 2012, but likely to fall this year on lower crude prices.
• Tourism body TDIC floats tender for Guggenheim Abu Dhabi – .Tourism body TDIC floats tender for Guggenheim Abu Dhabi – Contractors invited to prequalify for Guggenheim main construction contract
• RasGas Company Limited (RasGas) has safely and successfully completed offshore drilling for 30 development wells for the $10.3 billion Barzan Gas Project, paving the way for subsequent phases of the project to proceed with connecting the wells to subsea pipelines that will take gas to shore.
• DNO updates on Middle East production plans – First production expected from Iraqi Kurdistan, UAE and Yemen licences.
• Abu Dhabi Municipality to issue tender for beach club.
• Abu Dhabi tenders for Al-Ain airport upgrade – Al-Ain airport tender covers design consultancy services.
• Dewa tenders advisory contract for first IPP – Hassyan private power plant to be coal-fired.
• Base Oil Group II prices in Middle East is oscillating in the narrow range.
• Abu Dhabi based Specialized Oilfield Products has introduced a unique digital sensor monitoring system, which can extend the life of wireline through continuous surveillance and create significant cost savings.
• Lukoil to move overseas office to Dubai – Russia’s Lukoil is to relocate its oversees arm to Dubai in order to support regional operations, namely in the giant oil fields of Iraq, according to Abu Dhabi’s The National newspaper.
• Soaring MENA energy demand to increase solar drive – Over US$1.1 trillion worth of commercial and residential construction projects in the next decade across the Middle East and North Africa will further increase energy demand in the region, according to industry experts.