January 2015, Vol. 242, No. 1

Projects

Middle East Key Market For Service Sector

The Middle East will be a key market for oilfield services companies for decades to come as countries across the region seek to maximize recovery from maturing assets and bring new fields into production, reports energy specialist corporate advisory firm Simmons & Company International Ltd. Speaking at a conference in Abu Dhabi, Nick Dalgarno, co-head of eastern hemisphere corporate finance at Simmons, said there is an increasing willingness among governments and the national oil companies to build relationships with foreign companies to bring know-how and technology into the region. The oil and gas and wider energy factors driving this include the accelerating need for en

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