Kurdistan exports around 125,000 bpd to Ceyhan.
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Libya’s long road to recovery
Significantly increasing production levels could take months.
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Saudi production levels increase 75,000bpd in June
KSA increased production to make up for shortfalls in Libya and Iraq
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AkzoNobel reinforces Middle East presence
AkzoNobel strengthens its presence in Middle East oil & gas market.
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Iran Petchem projects need $33bn investment
Iran needs $33 bn to pay for 55 mn tons of petrochemical projects.
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Renewed Libyan production pushes Brent below $109
Prices also weighed down by easing concerns over security in Iraq
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Adma-Opco awards new contract to Penspen
Penspen wins ADMA-OPCO contract for gas supply from Umm Shaif
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Warba Bank arranges $155m syndicated facility
Warba Bank arranged a $155m facility for UAE Oil Services Company.
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Saudi gas project shelved by Shell
Shell are still keen to increase investment in the Kingdom, however.