Iran has announced that it has signed a deal under which it will credit US$3.6bn to Syria for the purchase of oil products
Iran credits US$3.6 billion to Syria
Industry
Russian firm Lukoil to shift headquarters to Dubai
Russian independent oil and gas company Lukoil has announced that it is moving its international headquarters from Moscow to Dubai
OPEC sees 10 per cent rise in petroleum exports in 2012
The Organisation of Petroleum Exporting Countries (OPEC) has announced that its petroleum exports increased by almost 10 per cent in 2012 year-on-year with the group’s GDP climbing by 12 per cent
Wills Ridley Limited signs steering systems deal with Unique Maritime Group
Unique System FZE, a Unique Maritime Group Company (UMG), has announced that Wills Ridley Limited has signed an agreement to supply marine steering systems for vessels in the Middle East, Africa and India
Iraq awards China firm US$548 million contract for oilfield development
China Petroleum Engineering & Construction Corporation (CPECC) has announced that it has been awarded a US$548mn service contract to further develop Iraq’s onshore Halfaya oilfield
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