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
Industry
Saudi Arabia and Japan to sign emergency oil deal
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
Qatar's Al-Shaheen Weatherford awards well services contract to Conductor Installation Services
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
ENOC turns to Qatar for condensates
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
Iran aiming to become jet fuel exporter
Iran has inaugurated a new phase of a gasoline production facility that will enable the country to join the list of worlds jet fuel exporters