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
Industry
Petrofac and Daelim joint venture win Sohar Refinery deal
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
Consortium set to buy UAE oil services company
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 Region of Iraq to begin pipeline oil exports to Turkey by end of 2013
Kurdistan Regional Government (KRG) has announced that it will begin oil exports to Turkey via pipeline before the end of 2013
Iraq’s SOMO signs deal with Vitol and Glencore to purchase gasoil
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
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