Wednesday, 31 August 2011

Oil and gas industries springing back to life - The National

Oil and gas contractors across the Emirates are adding thousands of jobs as producers demand safer and more advanced drilling platforms and restart stalled investment projects.

Lamprell, the UAE oil and gas engineering specialist, said it had a bid pipeline of almost US$5 billion (Dh18.36bn), refitting existing rigs and building new platforms with additional capabilities.

The company has increased its staff to 13,000 to cope, and it may add a further 1,000 by the end of the year.

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