The National Iranian Oil Company (NIOC) will offer 600,000 barrels of heavy crude oil for sale on the Iran Mercantile Exchange making it the first such sale through the offshore oil and commodities market.
Endress+Hauser has successfully expanded its competence center for liquid analysis in Gerlingen, Germany.
RAK Petroleum Public Company Limited, (RAK Petroleum) and Norways DNO International ASA (DNO) signed a heads of agreement to merge RAK Petroleums Middle East and North Africa (MENA) operating subsidiaries into DNO in exchange for DNO shares to be issued to RAK Petroleum.
