The Air Bag: in 2012, appreciate what you have and vow to do better


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It's already December 31; my, where does the year go? It seemed like only yesterday that we were ringing in a new year, then complaining about the dripping heat. As a conscientious and responsible editor, I have already scheduled tomorrow off; you'll thank me when you read cohesive, sensible stories in next weekend's Motoring.

Traditionally and sentimentally, it's the time of year for two things: a look back and a look ahead. And the two are tied together more than you might think, because what happened in the past year will affect your outlook of 2012.

And I'm no different; I've spent my time alone on the couch, thinking about my life in 2011. And though there may have been a few bumps, it's generally brought a smile to my face. There was the off-road motorcycle course in Hatta that really opened up the UAE and Oman for me, allowing me to experience much more of the beauty here than I normally would and many people would never see. There was the Paul Pietsch classic car rally, and driving a wonderful old 1952 Mercedes-Benz 170 DS around the German countryside; what a thrill. There was seeing the Geneva Motor Show for the first time; cruising around in a Maserati with the affable Italian ambassador to the UAE, Giorgio Starace; driving the outrageous Bugatti Veyron Super Sport in Liwa; as well as the rest of the cars I've been fortunate enough to test. And let's not forget the highlight for me of 2011, my Himalayan motorcycle tour, one of the most incredible adventures of my entire life. In fact, I'll always have a reminder of that trip, in the form of a metal plate and six screws that are holding my broken collarbone together. Ah, memories.

The more I think about it, the more I realise that many of the good times I've had in 2011 - and indeed, in the last few years - have revolved around cars and my job here in Motoring. And that's a good feeling, when you realise how much happiness you get from something that takes up so much of your life.

It also reminds me how important it is at this time not to beat yourself up over what you perceive to be your failings; life isn't easy, and some years can be harder than others, but look around at the blessings and bounty that you actually have, and think about nurturing those as the years progress.

And so, looking forward to the new year, I can't help but vow to go to the gym more often, put away more in savings and be nicer to my fellow man. Those will be the difficult bits. But, along with celebrating good friends, I'm vowing to keep on keepin' on when it comes to these pages and my motoring life. And that will be easy.

From all of us here at Motoring, have a safe and happy new year.

While you're here
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Reading List

Practitioners of mindful eating recommend the following books to get you started:

Savor: Mindful Eating, Mindful Life by Thich Nhat Hanh and Dr Lilian Cheung

How to Eat by Thich Nhat Hanh

The Mindful Diet by Dr Ruth Wolever

Mindful Eating by Dr Jan Bays

How to Raise a Mindful Eaterby Maryann Jacobsen

Profile of Bitex UAE

Date of launch: November 2018

Founder: Monark Modi

Based: Business Bay, Dubai

Sector: Financial services

Size: Eight employees

Investors: Self-funded to date with $1m of personal savings