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Helmerich & Payne in deal to acquire KCA Deutag for $1.97bnHelmerich & Payne, a leading US petroleum contract drilling company based in Oklahoma, has announced that it has reached an agreement with KCA Deutag International, a diverse global drilling company with rigs across the Middle East, Europe More… |
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Helmerich & Payne in deal to acquire KCA Deutag for $1.97bnHelmerich & Payne, a leading US petroleum contract drilling company based in Oklahoma, has announced that it has reached an agreement with KCA Deutag International, a diverse global drilling company with rigs across the Middle East, Europe More… |
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Osso marks growth milestone with new UK base, Mideast hiresOsso, the specialist fluid temperature control and separation solutions provider, has announced its move into larger headquarters in Aberdeen, UK and appointed six new hires across the Middle East and Europe region as part of its global growth More… |
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Osso marks growth milestone with new UK base, Mideast hiresOsso, the specialist fluid temperature control and separation solutions provider, has announced its move into larger headquarters in Aberdeen, UK and appointed six new hires across the Middle East and Europe region as part of its global growth More… |
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AIIB anchors Aberdeen Standard regional fundThe Asian Infrastructure Investment Bank (AIIB) has announced that it will anchor the Aberdeen Standard Investcorp Infrastructure Partners’ (ASIIP) new regional fund (the Fund) by committing $90 million to its first close. A More… |
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Growth back on the radar for GCC investorsLeading GCC economies have resumed their pre-pandemic growth trajectory – not only on the tried-and-tested path of oil revenue, but also amid national diversification initiatives, according to Aberdeen Standard Investments (ASI). More… |
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EM firms likely to record lowest defaults on debtsThe percentage of Emerging Market firms defaulting on debts due to the impact of the pandemic is expected to be lower than in many mature markets, according to global asset manager Aberdeen Standard Investments (ASI). While the Co More… |
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Vaccination drive to spur faster growth in GCCWhile the IMF has predicted GDP growth in Mena to pick up to 4% this year, the growth is not expected to be even across the region and GCC countries could see an accelerated growth due to their strong vaccination programmes, says an industry exp More… |
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Oil, electric vehicles driving climate change plansCountries around the world are rightly racing to announce aggressive climate change plans. The energy transition resulting from these plans has driven excitement about, and significant investment in, electric vehicles (EVs). These are seen More… |
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Diversification key to Mena growth, say expertsMena countries have little choice than to accelerate plans for diversification away from oil, said global asset manager Aberdeen Standard Investments (ASI), citing the International Monetary Fund’s (IMF’s) latest World Economic Outlo More… |
