A consortium consisting of four South Korean construction majors - Hyundai Construction, Hyundai Engineering, GS Construction and SK Construction - has won a US$6.04bn deal to build the Karbala Refinery Project in Iraq
Exploration & Production
NOC subsidiary discovers oil and gas in Libya’s Ghadames Basin
Arab Gulf Oil Company (AGOCO), subsidiary of National Oil Corporation (NOC), has struck oil and gas in the Ghadames Basin, 200km south of Tripoli
Saudi Arabia exports 240 million oil barrels in January 2014
Oil worth US$25bn was exported by the Saudi Arabian government in January 2014, according to economic expert Fahad bin Jumaa
Lamprell completes third jackup drilling rig for Abu Dhabi NDC
Oil and gas construction and engineering group Lamprell will begin delivery of its third complete jackup drilling rig ‘Qarnin’ to Abu Dhabi’s National Drilling Company (NDC) at the end of this month
Genel Energy completes pipeline from Kurdistan Region of Iraq to Turkey
Genel Energy has completed the pipeline infrastructure to export crude oil from the Kurdistan Region of Iraq to Turkey
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