According to a report from Tehran Times, the former Iraqi Oil Minister, Thamir Ghadhban, told the press that Iraq plans to build a new offshore oil terminal in Basra, in addition to reviving the existing facilities.
(Source: Tehran Times)
Lamprell delivers its 11th Super 116E jackup drilling unit
Lamprell has completed the construction of jackup drilling rig, the Shuwehat, and has delivered the
Royal Dutch Shell said on Thursday it had resumed production of Nigerian EA crude oil and lifted its force majeure on the grade after completing repairs to a mooring platform.
Measures take effect on Saturday; aim is to keep pressure on Russia over Ukraine.
The European Union banned investment in Crimea on Thursday, halting European