Petrofac has been awarded a US$500mn engineering, procurement, installation and commissioning contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for the Satah Al Razboot (SARB) Package 3 Project offshore Abu Dhabi
Libya has announced plans to supply one million barrels of oil a month to Egypt on credit in a move that would provide the latter with relief from fuel shortages
Saudi Aramco has announced that it is aiming to become the worlds top producer of refined fuel and petrochemical products
Alderley FZE, a manufacturer of oil and gas equipments, has completed Phase 2 of its facilities and production expansion at the 10,000 square metres plot in Jebel Ali Free Zone, Dubai
Royal Dutch Shell still owes Iran US$2.3bn for oil purchases, having traded in Iranian crude almost up until a European Union embargo was imposed in 2012
