Oilfield service provider Archer has announced that it is expanding its coverage in the Middle East with the opening of three new facilities
Industry
Japan to offer Iraq US$1.2 billion loan for refinery and port projects
Japan has announced that it will offer Iraq two loans worth a total of US$1.24bn to help the country finance the construction of a new refinery and rebuild a port
Qatar Petroleum and Gulf Drilling International sign US$467mn rig contracts
Qatar Petroleum (QP) and Gulf Drilling International (GDI) have signed service contracts worth a combined value of US$467mn for two offshore drilling rigs
TD Williamson opens a new maintenance centre in UAE
TD Williamson (TDW), a provider of equipment and services for operators of pressurised piping systems, has opened a new maintenance centre in UAE capital Abu Dhabi
Iraq to supply oil to Sudan on credit
Sudan has said that Iraq will provide the cash-strapped African nation with oil while deferring payment