Building on the launch of its solar enhanced oil recovery (EOR) project with Berry Petroleum earlier this year, GlassPoint Solar announced the award of a contract to build a 7 MW solar EOR system for Petroleum Development Oman (PDO), the national oil company of Oman.

SABIC announced its Q2 2011 preliminary results on 16 July 2011 that saw net income hit US$2.15 billion.

Flowserve Corporation's manufacturing plant in Dammam, operated by Flowserve Abahsain Flow Control Company Ltd., has been certified by Saudi Aramco for the supply of control valves.

Emerson Process Management has acquired Net Safety Monitoring, Inc., a company that designs, develops and manufactures fixed toxic and combustible gas detectors and other safety and security products.

Baker Hughes has introduced a wellbore clean-up and displacement system designed to improve efficiency and reduce operational risks in high-cost environments such as deepwater applications and wells with high dogleg severity.