Industry

Russian firm Lukoil to shift headquarters to Dubai

lukoil-nuebie flickrRussian independent oil and gas company Lukoil has announced that it is moving its international headquarters from Moscow to Dubai

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OPEC sees 10 per cent rise in petroleum exports in 2012

barrel opec- L.C.Nøttaasen wikimediaThe Organisation of Petroleum Exporting Countries (OPEC) has announced that its petroleum exports increased by almost 10 per cent in 2012 year-on-year with the group’s GDP climbing by 12 per cent

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Wills Ridley Limited signs steering systems deal with Unique Maritime Group

willsUnique System FZE, a Unique Maritime Group Company (UMG), has announced that Wills Ridley Limited has signed an agreement to supply marine steering systems for vessels in the Middle East, Africa and India

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Iraq awards China firm US$548 million contract for oilfield development

oil iraq-SMelindo flickrChina Petroleum Engineering & Construction Corporation (CPECC) has announced that it has been awarded a US$548mn service contract to further develop Iraq’s onshore Halfaya oilfield

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Saudi Arabia ‘top OPEC producer in 2012’

barrel-ben alexander flickr optSaudi Arabia was the highest oil producer among the members of Organisation of Petroleum Exporting Countries (OPEC) in 2012, according to a new report

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