Industry

MIS Kuwait signs contracts with Weatherford

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UAE-based MIS Group (Maritime Industrial Services) signed two contracts in its Kuwait business with Weatherford Drilling International Ltd., through Weatherford's Kuwait branch, United Precision Drilling Company.

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Oil exports in Iraq hit a new high in May

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Iraq exported 2.225mn bpd of crude oil in May, up 84,000 bpd from April and the highest level since the 2003 war.

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Vallourec acquires Zamil Pipes

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Vallourec agreed a deal to acquire Saudi Seamless Pipes Factory Company Limited (Zamil Pipes), the first processing company of seamless OCTG(1) in Saudi Arabia.

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Mott MacDonald opens new office in Iraq

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Mott MacDonald signed a lease agreement to move its South Iraq operations to Iraq Energy City a brand-new development built by Petronor in Basra.

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Iraq gives deadline to Shell to finalize gas deal

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Iraq has warned Royal Dutch Shell it needs to finalize a US$12 billion gas deal by next week or negotiations over the agreement would be cancelled, the country's deputy oil minister said.

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