The total revenue of the 11 members of the Organisation of Arab Petroleum Exporting Countries (OAPEC) soared to US$624.8bn in 2011, according to the latest data from the organisation
OAPEC records US$624.8 billion revenue in 2011
Industry
Reservoir Group subsumes Nordic Well Services as part of its Middle East expansion
UK-based oilfield services company Reservoir Group has absorbed Nordic Well Services into its well intervention services group
BP contributes to quest for better data
This year’s BP Statistical Review again puts the oil and gas figures into a wider all-forms energy context and chimes nicely with another recent arrival
Qatar Petroleum joins global innovation group
Qatar Petroleum (QP) has joined oil and gas technology collaborator group the International Technology Facilitator (ITF)
Lamprell awarded US$121 million seajack rig contract
UAE-based Lamprell has announced that it has won a US$121 million contract from Seajacks to supply it with a new jackup rig that will be built at its Hamriyah facility in the UAE
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