News / International
Halliburton slides on KBR charge
Halliburton said Monday its net income in the October-December period fell to $468 million, or 53 cents per share, compared with $690 million, or 75 cents a share, during the same period a year ago. Adnoc makes billion dollar SAS awards
Abu Dhabi National Oil Company (Adnoc) has made two billion dollar awards this weekend for development of the, Sahil, Shah and Ahav fields, in a bid to boost production over the next ten years. Petrofac awarded US$2.3 Billion Abu Dhabi contract
Petrofac, the international oil & gas facilities service provider, has been awarded a US$2.3 billion contract by Abu Dhabi Company for Onshore Oil Operations (ADCO) for the development of the onshore Asab oil field. Nigeria, Dubai $16B deal eyes gas, oil and power investment
A huge infrastructure deal between Nigeria and Dubai will target $16 billion worth of investment over the next decade in oil and natural gas drilling and the country's dilapidated power sector, Nigeria's state petroleum company said. Gazprom turns on gas taps
Russian gas giant Gazprom confirmed today that it has resumed gas flows into the Ukrainian pipeline system for export to Europe. Dragon sits on investment cash stash
Dubai-based Dragon Oil said today it has $867 million in cash at hand at the end of last year and plans to use the money for investment and possible acquisitions this year. Iran sees crude at $40 in 2009
Iran's Oil Ministry anticipates a crude price of about $40 a barrel in 2009, Oil Minister Gholamhossein Nozari was quoted as saying, suggesting Tehran does not expect the market to rebound soon. CETCO Signs Libyan Deal
Aberdeen-based CETCO Oilfield Services has announced it has signed a deal with the Libyan services agent company, APSCOP, Althuraya Petroleum Services and Supplies to provide water treatment services to the Libyan oil and gas industry. 
