The Middle East’s huge hydrocarbon resource has turned many of the region’s countries into the richest states in the world.
Stretching – by some definitions – from Egypt to the UAE, and from Saudi Arabia to Iran, the Middle East offers a vast expanse of opportunities for operators and service providers – especially those equipped in technology expertise, like those developed in the North Sea.
But as Hugh Fraser, from law firm Andrews Kurth explains, potential investors should have patience if they want to reap benefits of this energy-rich region.
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