In its latest monthly oil market report, the International Energy Agency (IEA) stated that oil markets are in for a "bumpy ride in the months ahead".
Industry
ENOC opens lubricants and grease plant in Fujairah
Emirates National Oil Company (ENOC) opened its advanced lubricants and grease manufacturing plant in the Fujairah Port.
Expro secures multiple contracts in Iraq
Expro has won three further contracts in central and southern Iraq that helps cement the companys position in providing well flow management in Iraq.
JX Nippon Oil to expand its regional operations
Japans JX Nippon Oil & Energy Corporation (NOE) opened its new corporate office in the UAE which will help expand its operations in the Middle East and Africa.
Weatherford launches petroleum consulting unit
Weatherford International launched its Petroleum Consulting business unit which will offer clients integrated formation evaluation and well engineering support and consultancy.