Arab Gulf Oil Company (AGOCO), subsidiary of National Oil Corporation (NOC), has struck oil and gas in the Ghadames Basin, 200km south of Tripoli
Exploration & Production
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
Petrofac, Samsung and CB&I to build Kuwait oil refinery
Petrofac, the international oil and gas services provider, has been awarded a joint venture (JV) contract with Samsung Engineering Co Ltd and CB&I Nederland BV (CB&I) to build an oil refinery in Kuwait