Japan will take decisive steps to cut Iranian oil imports, the countrys finance minister, Jun Azumi announced in Tokyo during a visit by US Treasury Secretary, Timothy Geithner.

The merger of RAK Petroleums Middle East-North Africa operating subsidiaries into Norways DNO International is now complete.

Measurement engineering specialist intensifies its presence in the Middle East in a joint venture with the Abudawood Group

Petrofac and Schlumberger announced that under a new deal they would be combining their production services and enhancement arms to address new market opportunities.

The 4th oil and gas auction in Iraq, initially scheduled to take place on March 7-8, has been pushed back to April 11-12, 2012.