Vitol ‘apologises for Kurdistan Region of Iraq oil purchase’
Dutch energy company, Vitol, has reportedly apologised to the Iraqi government for buying oil from the Kurdistan Region of Iraq without Baghdads permission
Industry
Shelf Drilling acquires 38 rigs from Transocean for US$1.05 billion
Shelf Drilling has announced the closing of its US$1.05bn acquisition of 38 shallow-water rigs from Transocean Ltd
TAQA to generate US$2 billion from bond
Abu Dhabi National Energy Company (TAQA) plans to raise US$2bn from a two-part bond in order to help it meet the high demand it has been experiencing from the international market
Total and OiLibya inaugurate new Borg El Arab facility
Total and OiLibya have inaugurated their new joint industrial facility in Borg El Arab, Egypt
TAQA buys BP assets in North Sea for US$1.1 billion
The Abu Dhabi National Energy Company (TAQA) has bought a number of BP assets oilfields in the North Sea for more than US$1.1 billion
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