Dana and Crescent start production, processing and transport.
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Success for Circle in Egyptian concession
Circle Oil announces drilling.
Shell forms JV in beleaguered nation
Iraq’s Ministry of Oil and Royal Dutch Shell have signed a Heads of Agreement to establish a joint venture between South Gas Company and Shell, for the processing and marketing of natural gas produced in the Governorate of Basra in southern Iraq.
Market watch
Why OPEC cuts failed to rally the market? Some inconvenient truths of oil market ‘fundamentals’ by Matthew Hulbert and Tariq Akbar of Datamonitor.
Mubadala and Conoco sign Kazakh MOU
Mubadala, ConocoPhillips and Kazakhstan’s KazMunayGas have signed a Memorandum of Understanding(MOU) for the exploration and production of the N Block in offshore Kazakhstan.
Regional power problems
Seasonal electricity fears exacerbated by reports of industrial shortfalls throughout the GCC.
Emergency response
Specialist safety companies provide Petrochemicals Middle East with an insight into protecting the lives of workers and industry assets.