News / International
SABIC makes rapid progress with supply chain management
A new chapter has begun in the history of Saudi Basic Industries Corporation (SABIC). The company's supply chain management project, called EMDAD, which radically changed the face of its global supply chain, has come to a close with the successful implementation of newly designed customer-focused solutions. Iraq cuts oil exports to Jordan by almost half
Iraq's crude oil exports to Jordan have dropped to 6,000 barrels per day (bpd), an official said. Saudi maneuver to contain Iran oil market threat
Saudi Arabia has raised oil exports and the United States is considering releasing crude from its strategic reserves as oil prices hit nine-month highs on Friday and concerns deepened over Iran's nuclear program. BP Ignored Well Test Warning Before Blast, Transocean Says on Eve of Trial
BP Plc officials overseeing the Macondo well that spewed millions of gallons of oil into the Gulf of Mexico ignored questions about whether safety tests done hours before a fatal blast on the drilling rig were flawed, lawyers for Transocean Ltd. said in a court filing. Petrofac Awarded US$330 Million Project in Iraq
Petrofac, the international oil & gas service provider, has been awarded a US$330 million lump-sum engineering, procurement and construction (EPC) contract by Gazprom Neft Badra B.V. ('Gazprom') for the first phase of the Badra Oilfield Development Project in Iraq. Sonangol ‘quits Iran’ over sanctions
Angolan state-owned oil giant Sonangol has pulled out of Iran due to stringent new sanctions imposed on the Middle Eastern state, a report has claimed. Statoil operated high impact gas discovery off Tanzania
Statoil and partner ExxonMobil have made a large gas discovery offshore Tanzania in the first exploration well in Block 2. Total puts on stream its giant deep offshore Usan project in Nigeria
Total, operator of Block OML138, announces the start-up of production of the offshore Usan field in Nigeria, in line with the planned schedule. Usan is the second deep offshore development operated by Total in Nigeria, coming on stream less than three years after Akpo. 
