UAE's Alec Group furthers regional expansion through acquisition
By acquiring 100 per cent of the company, Alec will now enhance its resources with the significant assets held by Target Engineering.
Source: gulfbusiness.com
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Alec Group plans expansion through acquisition
Acquiring Target Engineering further strengthens Alec’s established capabilities in marine and industrial construction while enabling the construction company to mar...
Source: khaleejtimes.com
MEED | EXCLUSIVE: Alec acquires Abu Dhabi contractor Target
The $100m deal gives Alec a business with a strong background in oil and gas and positions it to play a leading role in the energy transition
Source: meed.com
The 2020 Downstream Countdown: 20 to 16
Here's a recap of the top downstream-related articles on Rigzone since Jan. 1, 2020, starting with numbers 20 through 16. Here’s a recap of the top downstream-related articles on Rigzone since Jan. 1, 2020, starting with numbers 20 through 16. The recent sharp plunge in oil prices has inflicted significant pain on the upstream oil industry, but refiners are also reeling from the dramatic decrease in fuel consumption, according to this article from Bloomberg. The news agency revealed that analysts foresee more pain in the coming weeks as refiners cut their run rates and the oil market – ha...
Source: rigzone.com