News / International
Halliburton Awarded 3-Year Completions Contract by ADNOC
Halliburton announced that it has been awarded a contract by Abu Dhabi Company for Onshore Oil Operation (ADCO), a subsidiary of Abu Dhabi National Oil Company (ADNOC), to provide a range of completion equipment for onshore oil and gas wells. RWE Dea makes fifth Discovery in Libya
RWE Dea continues its exploration success with a fifth discovery in the Sirte Basin. Following three oil discoveries in Concession NC193 and one in Concession NC195 since late 2006, a second discovery in NC195 further strengthens RWE Dea’s position in Libya. Apache’s First-Quarter Net Income Doubles to $1.02 Billion
HOUSTON, May 1, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Apache Corporation (NYSE, Nasdaq: APA) today reported first-quarter net income of $1.02 billion, or $3.03 per diluted common share, the company's second consecutive quarter with earnings over $1 billion and a 108-percent increase from earnings of $492 million or $1.47 per share in the prior-year period. Shell and BP post record earnings
London: Oil giants Royal Dutch Shell and BP beat forecasts to post big rises in first quarter profits on Tuesday, lifting shares across the sector, as investors bet oil prices above $100 a barrel would be an even bigger bonanza than expected. Opec chief warns oil could hit $200 a barrel
Opec's president warned oil prices could hit $200 a barrel and there would be little the cartel could do to help. The comments made by Chakib Khelil, Algeria's energy minister, came as oil prices hit a historic peak close to $120 a barrel, putting further pressure on global economies. BP books 48% profits booster
UK supermajor BP beat analysts' forecasts, booking a 48% surge in first-quarter replacement cost net income on the back of record oil prices. New Middle East head for Halliburton
US oilfield services giant Halliburton has appointed Gasser El-Badrashini as its vice president for the Middle East. KPIOS shells out $20m for IPIC stake
Egypt Kuwait Holding has sold a 25% stake in International Pipe Industry Company (IPIC) to Kuwait Pipe Industries & Oil Services (KPIOS) for $20 million. 
