London court orders the Kurdistan Regional Government to pay $1.98bn to consortium including Dana Gas
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Dana Gas wins UK court ruling in Kurdistan dispute
British High Court upholds lower court’s decision; asks Kurdistan Regional Government to pay $100mn to UAE energy firm
Kuwait’s Agility plans $1bn fundraising
GCC’s largest transport logistics company mulling move to support expansion
Dana Gas plans more cost cuts due to low oil price
UAE-based company reports net loss of $9mn in Q3 2015, from a profit of $38mn in Q3 2014
ADIPEC: Frames Group
Fawaz Ahmed, Manager Sales Middle East, Frames Group, says low oil prices has only ‘challenged us to become better at our job’
ADIPEC: Maximator
Firm will showcase its broad range of products and services to existing clients and potential new customers
Basra forming company to lure oil, gas investments
Basra, home to 70% of Iraq’s gas reserves and 59% of its oil, comprises an underdeveloped energy sector
GCC oil producers cutting costs to boost output
Saudi Arabia, the UAE and Qatar are rescheduling non-essential maintenance work at oilfields planned for Q4 2015 later into 2016, due to low oil prices
Iran in talks with Kuwait, UAE to export gas
Reports indicate that the Islamic Republic seeking to rebuild its economic ties with the GCC in the post-sanctions era
Italy’s Eni signs MoU with Iran’s NIDC
Eni and its subsidiary Saipem have signed MoUs for drilling and exploration projects in Iran, a senior official said