Tenaris has closed its previously-announced acquisition from a private group of 47.79 per cent of the shares of Saudi Steel Pipe Company (SSP), for a total amount of US$141mn
Manufacturing
MMEC Mannesmann and ACWA Power to boost Oman?s aluminum industry
MMEC Mannesmann, one of the leading German engineering contractors in the field of petroleum coke calcining, has partnered with ACWA Power to develop the ?Sohar Calciner? project in Oman
AkzoNobel to support Al Zour and Clean Fuels projects in Kuwait
AkzoNobel, a leading global paints company, will provide protective coatings for two of the landmark development projects in Kuwait, the Al Zour project and the Clean Fuels project
ADNOC announces blockchain application for oil and gas operations
The Abu Dhabi National Oil Company (ADNOC) and IBM have successfully piloted a blockchain-based automated system to integrate oil and gas production across the full value chain
Ma?aden selects thyssenkrupp fertiliser production technology
The Saudi Arabian Mining Company (Ma?aden) has announced to use the dual-pressure ammonia process developed by thyssenkrupp Industrial Solutions in the new ?Phosphate 3? ammonia plant at its fertiliser complex