Gulf Capital has announced that it is to buy a controlling stake in OCB Oilfield Services, which provides crew and logistics for oil rigs, to boost its exposure to the sector

Japan will be permitted to request emergency crude oil supplies from Saudi Arabia as part of a new agreement expected to be signed by the two countries

Conductor Installation Services (CIS) has announced that it has been awarded a wells services contract by Al-Shaheen Weatherford, a joint venture between Al-Shaheen Holding and Weatherford Holding BVI

Emirates National Oil Company (ENOC) has confirmed that it has signed an annual contract with Qatars International Petroleum Marketing Company to buy 20,000 barrels per day of condensate