Iraq remains committed to OPEC production cuts while standing ready to satisfy global demand growth when the stock overhang disappears, said HE Jabar Ali Al-Luaibi, Iraq’s Minister for Oil, at a recent conference in London
ABB has shipped its first batch of nine electrical houses (E-Houses) to enable reliable power supply to offshore oil fields in United Arab Emirates
SNC-Lavalin announced on 14 January that its consultancy partnership between SNC-Lavelin and Dr Zuhair Fayez, SNC-Lavalin Fayez Engineering, has been awarded a five-year extension to its existing General Engineering Services Plus contract
Gulf Intelligence, a UAE-based strategic communications consultancy, surveyed 250 energy national and international industry professionals and report that half of those surveyed believe the average oil price in 2017 will be in the US$50s a barrel
Norwegian oil and gas operator DNO has announced that it has discovered oil in Peshkabir-2 well’s Cretaceous horizon in the Peshkabir field, currently being drilling in the Kurdistan Region of Iraq
