Iraq inaugurated a new offshore oil export terminal in the Gulf in a move to ease infrastructure constraints and to bring sorely needed cash for reconstruction after decades of war and international sanctions.
Industry
Aggreko discusses expansion in the region
At a recent media briefing, Mr Phil Burns, Managing Director, Aggreko Middle East, talked about the companys involvement in the hydrocarbon market and it expansion in the region.
Arab oil wealth surges
A massive revision of Iraqs oil wealth boosted the overall Arab recoverable crude deposits by nearly 29 billion barrels at the start of 2011 but the regions proven gas resources remain almost unchanged.
BG Group making good progress
BG Group provided an update on its strategy in the gas and LNG market which will help the company achieve its goals.
Sonatrach plans big investment in Algeria
Sonatrach is looking to invest US$68 billion in the countrys energy sector over the next four years, according to its chief executive.
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