News / International
Libya delays oil profit redistribution
Libya's people's congresses, the country's highest authority, have voted to delay Muammar Gaddafi's plan to disband the government and give oil money directly to the people, according to a tally published. Petrofac awarded Karan contract by Saudi Aramco
Petrofac, the international oil & gas facilities service provider, has been awarded an engineering procurement and construction (EPC) contract for Saudi Aramco's Karan utilities and cogeneration package. Iran crude revenues to reach USD 70 bln
Iranian crude revenues are to come to an estimated USD 70 billion this year, said Iranian Oil Minister Assistant for planning Affairs Akbar Torkan. Ramco Energy and Iraqi government sign historic oil services joint venture agreement
Ramco Energy plc, the Aberdeen-based energy investment company, announces that its associated company MPC and the Iraqi Drilling Company ("IDC") the Iraqi state-owned drilling company have signed a joint venture ("JV") agreement. GTSC announce plans for first Middle East training Well
Gulf Technical and Safety Training Centre (GTSC), a subsidiary of AlMansoori Specialised Engineering, has announced major expansion plans for its Mussaffah base in Abu Dhabi with the Middle East’s first fully operational training well due to be launched in March. GTSC has already experienced significant interest in the related courses, with 50 delegates signed up. RWE Dea announces two new gas discoveries in Algeria’s Sahara Desert
RWE Dea has made two new gas discoveries in Algeria’s Sahara desert, in the Reggane and Ahnet basins. UK’s Mesopotamia forms first drilling JV in Iraq since 2003
Midmar Energy has announced its international expansion with the signature of a joint venture agreement between its associate company, Mesopotamia Petroleum Company ("MPC") and the Iraqi Drilling Company ("IDC") (the Iraqi state-owned drilling company) in Baghdad. Delta Hydrocarbons to Sell Non-Earned Interest in Tunisian Assets
Delta Hydrocarbons B.V. ("Delta"), a Partner with Eurogas International and Atlas Exploration Worldwide Ltd. ("APEX"), in the Joint Venture, has notified Eurogas International and APEX of its desire to sell its non-earned interest under the agreements pertaining to Delta's farm-out on the Sfax Exploration Permit and the Ras El Besh Concession in Tunisia. 
