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Ipic and Mubadala name board for $125bn merger Khaldoon Al Mubarak, the Mubadala chief executive, will be chief executive of the new merged entity, which has been named Mubadala Investment Company, which will be one of the world’s largest strategic investment companies with 68,000 employees.

Ipic and Mubadala name board for $125bn merger

The structure of the new company, including its divisions, which span aerospace and defence, information and communications technologies, metals manufacturing, as well as energy, is expected to be detailed by the new company after the board meets

 •   UAE's IPIC's H1 profits hurt by lower oil prices
 •   Mubadala to hold Abu Dhabi's $2.2bn stake in BP
 •   Nortech establish JV in Abu Dhabi

Proscient to digitise Aramco's Jazan refinery

Petrotechnics' Proscient selected by Accenture to deliver ground-breaking digital approach to industrial operations for Saudi Aramco's Jazan refinery.  2
 

OPEC committee agrees on measures to monitor cuts

They further agreed on a number of stipulations, such as a production data report to be presented at the OPEC secretariat in Vienna each month and the issuance of a monthly press release on the progress of the implementation of the production adjustment.
 

Aramco operating 220 rigs: Energy minister

Khalid al-Falih said that continuous investment in drilling enables Saudi Arabia to offset the gradual decline in output from mature fields
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OPEC committee agrees on measures to monitor cuts

OPEC committee agrees on measures to monitor cuts

They further agreed on a number of stipulations, such as a production data report to be presented at the OPEC secretariat in Vienna each month and the issuance of a monthly press release on the progress of the implementation of the production adjustment.
 
 

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Special Report: Predictive intelligence

Special Report: Predictive intelligence

Emerson embeds prediction data into protection system to improve reliability of critical assets.
 
 

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McDermott Middle East appoints KSA General Manager

McDermott Middle East appoints KSA General Manager

Dustin Whiteley joins McDermott from Halliburton, where he worked in several senior roles across the globe including USA, Indonesia, UK, Thailand and most recently as Country Manager for Saudi Arabia
 
 

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Special Report: Promising greater efficiencies

Special Report: Promising greater efficiencies

During the past 50 years, serious energy shortage, alarming environmental challenges and intensifying global competition for better profitability have triggered a rapid growth in the realm of industrial rotating equipment and fluid flow solutions.
 
 

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Special Report: Securing Big Data

Special Report: Securing Big Data

Leo Simonovich, director of Global Cyber Strategy and Product Development at Siemens talks about why companies need to strengthen their cyber defence
 
 

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A pictorial report of 11th annual GPCA forum

A pictorial report of 11th annual GPCA forum

The 11th annual GPCA (Gulf Petrochemicals and Chemicals Association) forum took place during 27-29 November 2016 at Madinat Jumeirah, Dubai, UAE. Over 2,000 delegates attended the three-day event of knowledge sharing, innovation & best practices exchange.
 
 

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Emerson flow metres awarded DNV GL TQ certificate

Emerson flow metres awarded DNV GL TQ certificate

DNV GL - global technical advisor and certification body - awards industry's first technology qualification certificate for fiscal metering to Emerson's ultrasonic flow metres.
 
 

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Video: OMV installs huge column at refinery

Video: OMV installs huge column at refinery

Column was deployed at Schwechat refinery for fuel desulphurisation
 
 

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