I Squared Capital (I Squared), an infrastructure investment manager, has announced the launch of Radiant Energy Solutions (Radiant), an investment from I Squared’s Middle East infrastructure strategy, which is focused on targeting transformational, mid-market investments in the region.
Soiltech has been awarded a contract by Wellbore Integrity Solutions in Dubai to deliver fluid treatment services. The contract involves the use of Soiltech’s field-proven Swarf Removal System (ST-SRS) to remove metal residues (swarf) from drilling fluids during offshore milling operations in the Middle East region.
INTECH has been awarded a project to supply multi-wellhead control panels for a leading onshore oil field in the Middle East. The scope includes the design, engineering, fabrication, and factory testing of safety-critical wellhead control systems to support reliable operation and enhance control across multiple wells.
Overseas travel spend by Middle East residents is expected to grow by 6% per year until the end of the decade, when it will top $60 billion, according to the latest ATM Travel Trends Report.
