News / International
Aramco CEO: Future generations to rely mainly on Fossil Fuels
Khalid A. Al-Falih, president and chief executive officer of Saudi Aramco, delivered the keynote speech "Accessibility and Acceptability: Striking the Balance for an Optimal Energy Future" at the 21st World Energy Congress in Montreal, Canada. Schlumberger Finalizes $11B Merger with Smith International
Schlumberger has closed its merger with Smith International. As previously announced, each Smith stockholder will receive 0.6966 shares of Schlumberger common stock in exchange for each Smith share, with cash paid in lieu of any fractional shares of Schlumberger common stock. RWE and Kurdistan Regional Government of Iraq sign cooperation agreements
RWE today announced that it has signed Cooperation Agreements with the Kurdistan Regional Government in Iraq with the aim of helping it to develop and design its domestic and export gas transportation infrastructure - creating a route to market for Kurdistan's major gas reserves. Baker Hughes and Iraqi South Oil Company sign strategic alliance agreement
Baker Hughes announced it has signed a three-year strategic alliance with Iraq's South Oil Company (SOC) to provide technical services to SOC's wireline logging department in Burj Esya, Basra south Iraq. A hi-tech architectural “dress” in DuPont Corian techno-surface for the whole network of SOCAR’s gasoline stations in Azerbaijan
All the building structures of the national network of gasoline stations of SOCAR are going to "wear" an external cladding made with DuPont Corian. Libya to allow BP’s deepwater drilling
Libya will allow BP to begin drilling in its offshore deepwater region next month, despite the massive Gulf of Mexico oil spill, the head of Libya's National Oil Co. said Sunday. Shokri Ghanem, who serves as Libya's de facto oil minister, said the April explosion of the Deepwater Horizon rig, and the subsequent spill, were 'tragic,' but the oil industry is also moving into 'new frontiers.' Shell to continue deep-water drilling
Royal Dutch Shell will continue its deep-water drilling programme to meet rising global oil demand, its chief executive said, despite safety concerns following rival BP's Gulf of Mexico blowout. Burgan accounts for half of Kuwait output
Half of Kuwaits oil production comes from Burgan, the second largest oilfield in the world, a senior oil official said in published remarks. 
