Iraq Looks to Build Pipeline Network
Iraq plans to build a nation-wide network of oil pipes.
News / International
OPEC Production Fell by 300K b/d in November
OPEC oil production fell by 300,000 barrels per day (b/d) in November.
Consortium Wins Exploration Rights Off Lebanon
Lebanon awarded offshore concessions to a consortium of Total, Eni, and Novatek to explore in its territorial waters.
Iranian Crude Exports to India Continue to Fall
Indian imports of Iranian oil fell to a 21-month low in November.
Petrofac Wins $160M Iraqi Contract
Petrofac won a $160 million contract from Basra Oil Company for the Iraq Crude Oil Export Expansion Project (OCOEEP).
Saudi Aramco Looking for IPO Bookrunners & Coordinators
Saudi Aramco is seeking bookrunners and coordinators for its proposed initial public offering (IPO).
January OSPs for Arab Light Rise
Saudi Arabia raised its prices for Asian and European purchasers of its Arab Light crude.
Iraq, Iran Sign Oil-Swap Agreement
Iraq has signed a one-year oil-swap deal with Iran.
Nafusa Looks to Produce 10K b/d from Libya’s Block 47
Nafusa Oil Operations plans to begin producing 10,000 barrels per day (b/d) of oil from Block 47 in Libya’s Ghadames Basin.
ADNOC Raises $851M in 10% IPO of Distribution Unit
Abu Dhabi National Oil Company (ADNOC) offered 1.25 billion shares in ADNOC Distribution on the Abu Dhabi Securities Exchange for the price of 2.5 AED today.
