<B><font size="4"> for $170 Million </b></font>

08/03/2009 00:00 AST

Gulf Petroleum Investment SAKC, the Kuwait-based provider of technical services to the oil and gas industry, canceled plans to buy an oil rig for $170 million, citing the global crisis and the drop in crude prices, according to a statement on the Web site of the Kuwaiti bourse today.


Bloomberg

GPIC on track to boost production

29/12/2015

Gulf Petrochemical Industries Company (GPIC) achieved a total production of 1.46545 million tonne in the year so far, an increase of 5,000 tonnes over what had been planned, it has emerged.

Gulf Daily News

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