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Basrah Heavy cargo sold at $1.37 premium on DMEDubai Mercantile Exchange hosted its latest auction on Wednesday, on behalf of Iraq’s National Oil Company (Somo). The 2-million barrel cargo of Basrah Heavy was awarded at a premium of $1.37 per barrel over the September Basrah H More… |
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DME hosts second Basrah light crude oil auctionThe Dubai Mercantile Exchange (DME), a premier international energy futures and commodities exchange in the Middle East, hosted the second Basrah Light crude oil auction on Wednesday. Almost 50 bids were received from 15 participa More… |
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Restrata to launch new security solution in BasrahUAE-based Restrata, a global security solutions provider, is set to launch its new web-based portal which will serve as a platform to provide reporting and longer-term situational risk analysis conducted by its Business Solutions Operation Centr More… |
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RSK Group partners with University of BasrahRSK Group and the University of Basrah have agreed to enter into a partnership to help train the next generation of Iraqi engineers and to give them practical experience which would help them to obtain jobs in the Iraqi oil industry. More… |
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Emerson establishes team in Iraq facilityEmerson Process Management has established a team of Iraqi technical field service engineers operating out of their support facility in Basrah, demonstrating its long-term commitment to support its customer base in Iraq. Dave Tredinnick, p More… |
