Iraq has exported an average of 2.38mn bpd in November this year, up by 5.7 per cent a month earlier, Oil Ministry sources announced

A 50-50 joint venture of Petrofac and Daelim has won a three-year engineering, procurement and construction (EPC) contract of Oman’s Sohar Refinery expansion project

A consortium owned by Fajr Capital, APICORP and Zamil Group are in talks to buy UAE-based oil services firm NPS Energy for around US$700mn

Kurdistan Regional Government (KRG) has announced that it will begin oil exports to Turkey via pipeline before the end of 2013

Iraqs State Oil Marketing Organisation (SOMO) has signed an agreement with oil traders Vitol and Glencore to buy more than 1.5mn tonnes of gasoil through 2014