Honghua Group was awarded a contract worth more than US$300mn by National Drilling Company (NDC) to provide drilling rigs suitable for working on islands.
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National Iranian Oil Company (NIOC) and Russia's Tatneft agreed a deal worth around US$700mn to develop the Zagheh heavy crude oilfield based in southwest Iran.
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OPEC ministers agreed to a new crude production ceiling of 30mn bpd that covers all 12 members, including Libya and Iraq.
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Shell and Turkish Petroleum Corporation (TPAO) signed a deal to conduct oil and natural exploration in the south east of the country and off its Mediterranean coast.
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Aggreko has been awarded the Abu Dhabi Crude Oil Pipeline (ADCOP) load testing contract by China Petroleum Engineering & Construction Corporation (CPECC).
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