Smit Lamnalco has been awarded a turnkey US$35 million contract by Petrofac to support single point mooring operations for the Iraq Crude Oil Export Expansion Project (ICOEEP)
Industry
GCC to reap oil revenues of US$572 billion in 2012
According to a new report from Saudi Arabias National Commercial Bank (NCB), Gulf economies appear on track for historically high surpluses
New measures sought to encourage Qatar nationals into energy HSE field
Qatar nationals need access to knowledgeable resources to uphold Health, Safety and Environment excellence in the Gulf region, according to a Qatari expert
Lamprell expands into Saudi Arabia with new JV
Lamprell has signed a deal to create a joint venture with Saudi Arabias Shoaibi Group and Al Yusr Townsend and Bottum (AYTB) named Lamprell Arabia
Iraq oil exports jump in August
Iraq’s State Oil Marketing Organisation (SOMO) has said that the countrys crude exports rose in August to reach an averaged 2.565mn bpd marking the highest level for more than three decades
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