GCC to reap oil revenues of US$572 billion in 2012
According to a new report from Saudi Arabias National Commercial Bank (NCB), Gulf economies appear on track for historically high surpluses
Industry
New measures sought to encourage Qatar nationals into energy HSE field
Qatar nationals need access to knowledgeable resources to uphold Health, Safety and Environment excellence in the Gulf region, according to a Qatari expert
Lamprell expands into Saudi Arabia with new JV
Lamprell has signed a deal to create a joint venture with Saudi Arabias Shoaibi Group and Al Yusr Townsend and Bottum (AYTB) named Lamprell Arabia
Iraq oil exports jump in August
Iraq’s State Oil Marketing Organisation (SOMO) has said that the countrys crude exports rose in August to reach an averaged 2.565mn bpd marking the highest level for more than three decades
ENOC and Aldrees to open 40 petrol stations in Saudi Arabia
Dubai fuel retailer Emirates National Oil Company (ENOC) has signed a joint venture with Saudi Arabias Aldrees Petroleum to open at least 40 new petrol stations in the kingdom
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