Tuesday 25 July 2017

GPIC completes external audit of management system

Bahrain-based Gulf Petrochemical Industries Company (GPIC) has reported that Global Auditing Company (DNV) has carried out a successful external audit of its Integrated Management Systems (PAS 99). The auditors verified the integrity of all the company's operations, its vario


Rockwell Automation introduces new cable-pull switch

US-based Rockwell Automation, one of the world's largest companies dedicated to industrial automation, has introduced the Allen-Bradley Guardmaster Lifeline 5 cable-pull switch, the most advanced cable-pull switch on the market. The new switch is the first solid-state, cable-


AkzoNobel CEO step down

Netherlands-based AkzoNobel, a leading global paints company, announced today (July 19) that its chief executive officer Ton Büchner has stepped down with immediate effect due to health reasons. The company has announced Thierry Vanlancker as the new chief executive officer.


Bahri adds new vessel to multipurpose fleet

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, has further expanded its multipurpose fleet with the addition of ‘Aslaf’, a 300,000-dwt carrier built by Hyundai Heavy Industries (HHI) in South Korea. Bahri took delivery of


Saudi official named Opec's research head

The Opec Board of Governors has confirmed the appointment of Saudi Arabia's Dr Ayed S Al-Qahtani as the new director of Research Division. The board also appointed new heads for the Energy Studies and Petroleum Studies departments. Dr. Al-Qahtani has been advis


Chicago Pneumatic wins big Kuwait supply contract

Chicago Pneumatic, a global construction equipment manufacturer, said it has secured a major contract from a Kuwaiti company for the supply of 100 CPLT V15 light towers for a key oil and gas project. The order for the tough and efficient light towers was secured through its autho


IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per cent in incremental GDP driving economic growth in


GCC on track to add 1.5 mbpd refining capacity

GCC is leading the greenfield projects and refinery expansion drive in the Middle East with 1.5 million barrels per day (mbpd) of new refining capacity expected online by 2021, a report said. The new capacity will be dominated by the two major additions in Saudi Arabia and Kuwait


Equate restarts Ethylene Unit 2

Kuwait-based Equate Group, a global producer of petrochemicals, has announced the successful restart of its Ethylene Unit 2 (EU2) in Kuwait, following a brief shutdown for technical reasons during last week.   Equate Group’s president and CEO Mohammad Husain, said: &ldq


SAP, Saudi Aramco partner for digital marketplace

SAP has partnered with Saudi Aramco in creating a new solutions platform to enable the latter to launch a digital business marketplace with thousands of Saudi Aramco buyers and suppliers in partnership with SAP Ariba. Saudi Aramco said the move forms part of its digital transform

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