The Kuwait Oil Company (KOC) has announced it has made a total of US$4bn profit for 2013-14

Iraq and Saudi Arabia crude oil exports rose by 26 per cent and 3.5 per cent respectively in February 2014, according to the Joint Organisations Data Initiative (JODI)

A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corporation (APICORP) have signed a deal to acquire Dubai-based oilfield services firm National Petroleum Services (NPS)

UAE-based scaffolding and access solutions provider Technical Access Services (TAS) has released its new Eco-Deck, which it states its customers will find more economic and efficient

Five South Korean companies have won a combined US$7.2bn in orders from Kuwait National Petroleum Company (KNPC) to expand capacity and improve environmental standards at two national oil refineries — Mina Abdullah and Mina Al-Ahmadi