VIRTUS PROJECT SOLUTIONS

ABU DHABI, July 21 (Reuters) - Asian and western firms have bid to help operate the UAE's biggest oilfields after a deal with oil majors expired this year but the Gulf Arab state is yet to decide whether to let Asian oil buyers in for the long haul,...

The Obama administration took a step toward allowing oil and gas drilling off seven Atlantic Coast states for the first time in decades, establishing guidelines for seismic testing that would gauge offshore reserves.
The decision today doesn’t authorize the tests, done by ships towing guns that blast high intensity sound waves into the water. The Interior Department will consider applications for testing in light of safety standards to mitigate risks to ocean life...

If you want to see the significance of China’s newfound mastery of deep-water technology, look no further than its latest deployment of a drilling rig in disputed waters near Vietnam. China now has the ability to develop oil and gas reserves far underwater...

More than 45,000 professionals are expected to visit Project Qatar’s “11th International Construction Technology & Building Materials Exhibition,” which will be held from May 12 to 15 at the Qatar National Convention Centre (QNCC).
The four-day event is Qatar’s largest annual construction gathering and highlights the rapid construction sector growth being witnessed in the country. Featuring over 2,100 exhibitors and 24 international pavilions, the event is expected to attract more...