News / International
Schlumberger Q4 Up to $6.25 Billion Over Previous Year
Schlumberger Limited reported 2007 revenue of $23.28 billion versus $19.23 billion in 2006. Qatar Petroleum and GdF sign MoU to deepen energy ties
Doha: Qatar Petroleum and Gaz de France (GdF) have signed a key memorandum of understanding envisaging join international operations in the energy sector here yesterday as French President Nicolas Sarkozy began a two-day visit to the country. Iran oil fund hits $10bn
Iran now has $10 billion in its Oil Stabilisation Fund, which forms part of its foreign reserves, Central Bank governor Tahmasb Mazaheri said, indicating an increase on previously reported figures. Saudi output steady at 9m bpd
Saudi Arabia is pumping around 9 million barrels per day of crude, steady from December output, a Saudi source said. Conoco in lead for Abu Dhabi gas deal
ABU DHABI: ConocoPhillips has emerged as the front-runner to participate in a $10 billion, multiyear project to develop the Shah natural-gas field in Abu Dhabi, according to several people familiar with negotiations. GCC set to invest $50b in energy sector to meet growing demand
Abu Dhabi: A British expert in energy production said Gulf Cooperation Council (GCC) countries will need an estimated 100,000 megawatts (MW) of additional energy in the next 10 years to meet the rising demand. Pakistan, Iran to Sign Gas Pipeline Agreement
Pakistan and Iran will sign an agreement on the proposed Iran-Pakistan-India (IPI) gas pipeline next week, a minister said here on Monday. Stratic Energy Sells Offshore Tunisia Interests for $1 Million
Stratic Energy has entered into a conditional sale agreement in respect of its Kerkouane permit offshore Tunisia (held 100% by Stratic). The consideration is US$1 million in cash, subject to working capital adjustments. 
