Japan will take decisive steps to cut Iranian oil imports, the countrys finance minister, Jun Azumi announced in Tokyo during a visit by US Treasury Secretary, Timothy Geithner.
Industry
RAK and DNO complete merger
The merger of RAK Petroleums Middle East-North Africa operating subsidiaries into Norways DNO International is now complete.
Endress+Hauser sets up JV in Saudi
Measurement engineering specialist intensifies its presence in the Middle East in a joint venture with the Abudawood Group
Petrofac and Schlumberger to join forces
Petrofac and Schlumberger announced that under a new deal they would be combining their production services and enhancement arms to address new market opportunities.
Iraq’s 4th energy auction postponed to April
The 4th oil and gas auction in Iraq, initially scheduled to take place on March 7-8, has been pushed back to April 11-12, 2012.
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