ION is aiming to increase its presence in the region with the recent opening of its new international headquarters in Jebel Ali, Dubai.
Industry
Fall in 2012 oil demand due to weaker economy: IEA
The International Energy Agency (IEA), in its latest monthly, report cut its estimates for world oil demand growth this year.
Iraq inaugurates offshore oil export terminal
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.
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.