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Aramco yet to make a decision on rig numbers Aramco has not decided whether to increase the number of rigs on its books.

Aramco yet to make a decision on rig numbers

Company currently has 212 oil and gas platforms

 •   Saudi Aramco in talks for $10bn loan
 •   McDermott bags Saudi Aramco offshore contract
 •   Saudi Aramco raises LPG March prices


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ENOC makes $5.6bn offer to buy Dragon Oil

ENOC makes $5.6bn offer to buy Dragon Oil

Company seeks to take full ownership of Dubai-based independent
 
Middle East's automation market to grow 4%

Middle East's automation market to grow 4%

Global oil and gas automation market to reach up to $31.24bn by 2020
 
Demand for crude to reach $1.4mn barrels in 2015

Demand for crude to reach $1.4mn barrels in 2015

Lower oil prices driving global demand for crude and fuels
 
Verisk completes Wood Mackenzie takeover

Verisk completes Wood Mackenzie takeover

Value of the completed deal said to be $2.85bn
 

 

APICORP announces profits of more than $105mn

APICORP announces profits of more than $105mn

Organisation finalised three funding facilties last year
 
Investment in upstream production down $100bn

Investment in upstream production down $100bn

Decrease amounted to 20%, the largest drop in decades
 
Dubai to host The Oil Trading Risks Summit 2015

Dubai to host The Oil Trading Risks Summit 2015

Industry experts will gather together to discuss impact of price volatility
 
US oil delegation to visit Iran this week

US oil delegation to visit Iran this week

Leaders to review energy investment opportunities as June deadline looms
 
Global production up 1mn barrels a day in March

Global production up 1mn barrels a day in March

OPEC produced the lion's share of world crude as its output rose by 890,000 bpd
 
ENOC introduces 24/7 service at filling stations

ENOC introduces 24/7 service at filling stations

From May 4th drivers will no longer have to fill up their own cars
 
Oil retreats off 2015 highs, supply seen growing

Oil retreats off 2015 highs, supply seen growing

Record high Iraqi oil exports in April adding to existing glut
 
Saudi Aramco to be separated from oil ministry

Saudi Aramco to be separated from oil ministry

State oil company set for restructuring, oil policy to stay the same
 
Aramco names acting President and CEO

Aramco names acting President and CEO

Amin H. Nasser, previously senior vice president for upstream, appointed to new role
 
Increased M&A activity

Increased M&A activity

As global chemical firms divest their non-core assets, Middle Eastern producers could be perfectly placed to acquire the expertise of niche, specialty chemical firms
 
Focus on oil could be costing GCC nations billions

Focus on oil could be costing GCC nations billions

New study says nations could boost earnings by more than $17bn if they diversified beyond oil
 




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