News / International
Libya sees $7bn foreign spending
Libya's National Oil Corporation expects international oil companies to invest more than $7 billion in exploration activities by 2015, an official said. Saudi, Total sign $9.6 bln Jubail refinery deals
Saudi Aramco and France's Total signed on Tuesday 13 agreements with contractors to build a $9.6 billion joint-venture refinery in the kingdom, state news agency SPA reported. Turkey confirms Nabucco Pipeline deal to be signed in July
Turkish officials confirmed Friday that a key intergovernmental agreement on the European Union's Nabucco gas pipeline will be signed July 13 in Ankara. BP, CNPC win Iraqi Rumaila Oil Field development deal
BP and China National Petroleum Corp. have won a contract for the development of Iraq's Rumaila oil field, the first of eight giant Iraqi oil and gas development projects for which Iraq began receiving bids Tuesday, Iraqi officials said. Chevron achieves first Steam Injection at Steamflood project onshore PNZ
Chevron announced that its subsidiary, Saudi Arabian Chevron (SAC), has achieved first steam injection at its Large Scale Pilot (LSP) steamflood project at the Wafra Field, an Eocene heavy-oil carbonate reservoir in the onshore Partitioned Neutral Zone (PNZ). Iran Largest China Crude Supplier
Energy Intelligence reported that Chinese crude imports rose by 5.5 percent to 4.04 million barrels per day in May, with Iran becoming the largest supplier. Qatar becomes first GCC nation to supply LNG to East Europe
Qatar has agreed to supply one million tonnes of liquefied natural gas (LNG) per year to Poland to further expand its global supply network and become the first Gulf Arab LNG producer to penetrate the growing East European gas market. Saudi Aramco and ConocoPhillips Relaunch bidding process for Yanbu project
The Saudi Arabian Oil Company (Saudi Aramco) and ConocoPhillips announce the re-launch of the bidding process for the construction of the planned 400,000 barrel-per-day export refinery at the Yanbu Industrial City, in the Kingdom of Saudi Arabia. 
