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
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
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 has been appointed by Qaiwan Group to provide engineering, procurement and construction management services for the new Xarajyan oil terminal in Iraqi Kurdistan
Vopak Horizon Fujairah adds 478,000 cbm crude oil capacity, increasing its total capacity to 2.6 million cbm
