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
Industry
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
Lamprell delievers first jack-up rig for NDC
Sharjah-based Lamprell has completed and delivered its first jackup rig for Abu Dhabi’s National Drilling Company (NDC)
Global oil and gas spending to smash US$1 trillion barrier
Global oil and gas capital expenditure (capex) will reach US$1,039bn for 2012 thanks to increased activity in the E&P sector, a report by GlobalData has forecast
SNC-Lavalin bags US$135 million KAPSARC contract
SNC-Lavalin has been awarded a 10-year contract to operate and maintain the King Abdullah Petroleum Studies and Research Center (KAPSARC) project in Riyadh, Saudi Arabia
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