A joint venture of Japan-based Chiyoda Corporation and Taiwanese CTCI Corporation has been awarded a contract for the engineering, procurement, supply, construction and commissioning (EPSCC) of the US$1.5bn Ras Laffan Refinery 2 (LR 2) project in Qatar
Industry
Saudi oil output increased to 9.3 million bpd in April 2013
Saudi Arabia produced 9.3mn bpd in April 2013, up from 9.14mn bpd in March, oil industry sources have revealed
INOVA Geophysical appoints regional sales executives for the Middle East and Africa
INOVA Geophysical has appointed two new regional sales executives for the Middle East and Africa regions
Iraq and Kurdistan Region of Iraq reach tentative agreement on oil firm payments
Iraq’s federal government and the Kurdistan Region of Iraq have reached a tentative agreement to resolve disputes over payments to foreign companies that have affected crude oil exports from the autonomous region
Japan hoping to renew oil and gas deal with UAE
With a nuclear cooperation and technology transfer deal signed recently between the two countries, Japan has told the UAE that it would like to renew its oil and gas concession beyond the current 2018 expiry date
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