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Emerson proposes to acquire Rockwell Automation in transaction valued at $29bn David N Farr, chairman and CEO, Emerson.

Emerson proposes to acquire Rockwell Automation in transaction valued at $29bn

The total enterprise value of the transaction is approximately $29bn.

 •   Emerson signs information-sharing agreement with Norway's Statoil
 •   Emerson announces enhancement of digital IoT application Plantweb
 •   Emerson expands reservoir simulation software for Middle East customers


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Bilfinger appoints Ali Vezvaei as executive president for the Middle East operations

Bilfinger appoints Ali Vezvaei as executive president for the Middle East operations

Vezvaei joins Bilfinger, bringing his extensive management experience in the Middle East. As president and CEO for the Middle East and North Africa at Linde Engineering, he was responsible for business and projects in the region.
 
BP renews AspenTech contract for engineering, manufacturing and supply chain software

BP renews AspenTech contract for engineering, manufacturing and supply chain software

This global strategic enterprise agreement allows BP to leverage the full range of AspenTech's solutions, including Aspen PIMS-AO for refinery planning, Aspen Advanced Process Control solutions and Aspen HYSYS® solutions for engineering and optimisation.
 
Middle East energy sector overtaking finance as target for cyber criminals

Middle East energy sector overtaking finance as target for cyber criminals

Recent figures from McAfee estimate the global cost of cyber related crime, or illicit activity, is between $375bn and $550bn per year.
 
New study: Middle East oil & gas sector needs readiness boost as industrial cyber risk increases

New study: Middle East oil & gas sector needs readiness boost as industrial cyber risk increases

A survey of the oil and gas industry executives in the Middle East, conducted by Siemens and Ponemon Institute, reveals that 50% of all cyber-attacks are directed against the oil and gas industry in the Middle East region alone.
 

 

Global oil and gas leaders gather in Abu Dhabi as largest ADIPEC opens

Global oil and gas leaders gather in Abu Dhabi as largest ADIPEC opens

ADIPEC 2017 marks the event's 20th edition and its largest to date, bringing together more than 2,200 exhibiting companies, 27 country pavilions, 900 speakers, 10,000 delegates, and 100,000 attendees from more than 125 countries.
 
Wood Mackenzie launches Upstream Company Valuation tool

Wood Mackenzie launches Upstream Company Valuation tool

Resource consultancy boosts online product suite with strengthening of corporate valuation capability
 
APICORP issues $500mn 5-year sukuk bond

APICORP issues $500mn 5-year sukuk bond

The Arab Petroleum Investments Corporation (APICORP) has successfully launched a $500mn-worth 5-year sukuk (Islamic bond) off its $3bn Trust Certificate Programme
 
Siemens to address oil and gas challenges with digitalisation at ADIPEC

Siemens to address oil and gas challenges with digitalisation at ADIPEC

Siemens will show that with the right combination of solutions, services and products, companies can boost productivity and competitiveness and increase safety and reliability while cutting costs, even in an environment of continuing low oil prices.
 
SNC-Lavalin collaborates with PDO to open training centre in Oman

SNC-Lavalin collaborates with PDO to open training centre in Oman

The launch was combined with the formal opening of the new office in Muscat, where its wholly owned subsidiary, Kentz Overseas Company WLL, will execute commissioning work for PDO under a five-year framework agreement signed in 2017
 
New survey: Sixty percent of oil & gas employers expect to recruit significantly over next year

New survey: Sixty percent of oil & gas employers expect to recruit significantly over next year

In total, NES Global Talent and oilandgasjobsearch.com surveyed more than 3,000 employers and almost 7,000 workers as part of their Oil and Gas Outlook 2017 report.
 
Iraqi Ministry of Health and Environment lauds RSK's effort

Iraqi Ministry of Health and Environment lauds RSK's effort

In Iraq, RSK undertakes a range of environmental consultancy and technical services operations, and has now become the first non-governmental environmental bureau to be approved by the Ministry of Health and Environment for these studies
 
Saudi Aramco participates in the Future Investment Initiative 2017

Saudi Aramco participates in the Future Investment Initiative 2017

The initiative provided a platform for expert-led debate on current and future global investment trends, with the aim of achieving impactful, sustainable returns in line with Saudi Vision 2030.
 
S&P Global Ratings assigns 'AA ratings' to ADCOP bonds

S&P Global Ratings assigns 'AA ratings' to ADCOP bonds

Operator of the Habshan to Fujairah crude oil pipeline secures favourable rating on the back of the $3.06bn senior secured bonds it will issue in future
 
Wacker honours researchers for pioneering innovative heat-transfer medium

Wacker honours researchers for pioneering innovative heat-transfer medium

Named after the founder of Wacker Chemie, the Euro10,000 'Alexander Wacker Innovation Award' is bestowed alternately in the categories of product innovation, process innovation and basic research.
 
Institute of Risk Management initiates survey for oil and gas industry

Institute of Risk Management initiates survey for oil and gas industry

In a bid to support, encourage and empower the oil and gas industry to take further steps to improve its risk management maturity, Institute of Risk Management is undertaking a survey to understand what companies are doing with regard to risk management.
 




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