Iraq has warned the semi-autonomous region of Kurdistan that its oil export deals with Turkey must have Baghdads approval
Industry
RAK Petroleum posts Q1 profit for fourth consecutive year
UAE-based energy investment company RAK Petroleum has posted a net profit of AED 81.3 million (US$22.1 million) for the first quarter of 2012
Aker Solutions to expand footprint in MENA region
Norway-based Aker Solutions has announced that it will acquire NPS Energy from Dubais National Petroleum Services
FTS International forms joint venture to expand operations
US-based FTS International (FTSI) has signed an agreement with Summit Technologies Company (Summit), through its affiliate Selected Arabia, for its first international joint venture
Kuwait Energy profits hit new high
Kuwait Energys 2011 profit surged by 58.9 per cent on 2010 figures as the firm posted a record net profit of US$34.8 million for 2011
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