$1.6 billion take over offer was put forward by Al Mirqab Capital
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Posted inDRILLING & PRODUCTION
Morocco to drill 30 oil & gas wells in 2014
The drilling forms part of the country’s planned exploration programme
Posted inNews
Chinese firm CNPC wins ADNOC oil contract
CNPC will help develop several onshore & offshore fields in Abu Dhabi
Posted inProducts & Services
NOV predicts slump in demand for offshore oil rigs
Profits slump by 7%.
Posted inNews
Fajr Capital acquires Dubai-based oilfield service
National Petroleum Services sold to GCC-consortium for $500 million
Posted inProducts & Services
Cyber security must be enhanced in oil & gas
Industrial control systems are vulnerable to attack
Posted inIN PICTURES
GALLERY: Top 10 richest oil nations per capita
The world’s richest countries by per capita oil wealth
Posted inNews
Iran nets $1.65 billion oil payment from India
India will make payment of three $550 million amounts
Posted inNews
Tigris oil spill pollutes Iraq water supply
Pipeline bombing shuts water plants along the Tigris
Posted inNews
Southern Iraqi oil exports hit 2.55 mbpd
The region is set for record production levels in April.