News / International
Kuwait and Iran play the opposition role
Two of Opec's leading members, Iran and Kuwait, have rebuffed that oil prices exceeding $90 per barrel were damaging the global economy, saying there was no need to increase supply. Preparation for New Bid Round in Iraq
Iraq will start arrangements next week to hold a fourth licensing auction to award several oil and gas exploration contracts to international companies, a senior Iraqi oil official said yesterday. Pioneer sells Tunisia subsidiaries to OMV
A wholly owned subsidiary of OMV AG is negotiating the purchase of Pioneer's Tunisia subsidiaries for cash proceeds of $866 million, subject to normal closing adjustments. RWE Dea prepares for field development in Libya
RWE Dea North Africa and Middle East Branch and the Libyan National Oil Corporation (NOC) have signed an ''Exploration and Production Sharing Agreement IV'' (EPSA IV) covering Blocks NC 193 and NC 195 in the Sirte Basin. Gulf Keystone Cites ‘Huge Hydrocarbon Potential’ in Kurdistan
Gulf Keystone announced the completion of drilling and testing operations on its Shaikan-3 shallow appraisal well. This well was designed to drill and test the Cretaceous intervals in the immediate vicinity of the Shaikan-1 discovery well. Aker Solutions awarded Angola FPSO installation contract
MODEC Offshore Production Systems (Singapore) Pte Ltd. has awarded Aker Solutions' wholly owned subsidiary Aker Marine Contractors a mooring installation contract for hook-up of the Bourgogne FPSO offshore Angola. BP to delay Libya offshore drilling
BP PLC said it would delay its plans to drill offshore Libya, citing a decision not to use its original drill rig for ''operational reasons.'' Kosmos resolves ”issues” with Ghana
Texas-based Kosmos Energy said it signed an agreement with the government of Ghana and Ghana National Petroleum Company (GNPC) to ''amicably resolve'' several issues between them. 
