In Brief

01 January, 2016

GE wins PDO deals

GE Oil & Gas won two contracts from Petroleum Development Oman (PDO) for the supply, testing, installation and commissioning of a fleet of electric motor driven centrifugal compressors, according to a report.

The fleet will be deployed across PDO’s Saih Nihayda Depletion Compression Phase II, Kawther Depletion Compression Phase II, Yibal Khuff Depletion, Burhaan West and Fahud Gaslift Compression projects, added the report.

The contract also covers the aftermarket services for these new compressors as well as the existing GE compressor fleet, the report said.

Waste management pact

OMAN’S Sohar Port and Freezone has signed an agreement with Oman Environmental Services Holding Company (be’ah) to set up modern integrated waste management facilities at the hub.

The project will be built on a 240-hectare site close to the leased-out first phase of Sohar Freezone.

“This new project will develop the infrastructure required to handle any waste and access materials that come out of industries in Sohar in an environmentally sustainable way,” said Tariq Ali Al Amri, CEO of be’ah.


Digital market growing fast

THE UAE digital signage market is pegged to grow at a compound annual growth rate (CAGR) of around 23 per cent over the next four years, said International Expo Consults (IEC), organisers of SGI Dubai scheduled for this month, January 10 to 12.

This growth is being attributed to the surge in retail, travel and tourism and hospitality industries in addition to the fact that government has undertaken key infrastructure expansion initiatives.


SMS Group’s Bahrain plan

SMS Group, part of German SMS Holding, has announced its decision to increase its presence in Bahrain.

The company is upgrading its office formerly known as SMS Meer to SMS Technical Service Gulf SPC office to cover technical service support for its large Middle East customer base.

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