Saudi Arabia want an OPEC stance to be decided before striking a deal with non-OPEC producing countries as Septembers export figures show KSA boosted exports by over 500,000 bpd
Saudi boost oil exports amid OPEC uncertainties
Exploration & Production
Rowan partners Saudi Aramco to create new offshore drilling company
Rowan Companies plc and the Saudi Arabian Oil Company have signed, through their subsidiaries, an agreement to create an equal joint venture to own, operate, and manage offshore drilling rigs in Saudi Arabia
OPEC task gets tougher as Libya set to boost oil production
Libyas target to raise production from 600,000 to 1.1mn bpd by the end of 2017 scuppers OPEC and their plans to cut production to deal with the low oil price
ADNOC and Schlumberger sign licensing agreement
The Abu Dhabi National Oil Company (ADNOC) has entered into an agreement with Schlumberger to license ADNOC’s proprietary offshore drilling technology for use in Schlumberger’s portfolio of drilling services
Mott MacDonald to design new Xarajyan oil terminal, Iraq
Mott MacDonald has been appointed by Qaiwan Group to provide engineering, procurement and construction management services for the new Xarajyan oil terminal in Iraqi Kurdistan
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