News / International
BJ PPS Announces Appointments in Middle East & Asia Pacific Region
BJ Process and Pipeline Services has appointed Andrew Manning as area manager – Middle East. With over 15 years experience in the oil and gas industry, Andrew is responsible for overseeing all the division’s process and pipeline operations carried out by the 250 employees in the Middle East. Halliburton to expand Dubai hub
Halliburton said it would commit additional resources to its Dubai headquarters to target the more than $8 billion in oil services contracts expected in the eastern hemisphere over the next few years. Crescent should pay higher price for gas, says Iran
Iran will find other customers for gas assigned to a deal being negotiated with Crescent Petroleum or use the fuel itself if the UAE firm does not agree to pay a higher price, said Iran's oil minister. Asian naphtha buyers cool to Saudi term offer
Asian naphtha buyers are cool towards Saudi Aramco's unusual term offers for October 2007-March 2008 supplies, as the premium levels were deemed too high in the current bearish market, industry sources said. Sonatrach strikes Oued Mya gas pay
Algerian state-owned energy company Sonatrach has discovered gas in the Oued Mya basin in co-operation with China Petroleum Corporation. Suez and Gaz de France resolve impasse to merger
French utilities Suez and Gaz de France moved closer to clinching a 90 billion euro ($123 billion) merger after agreeing yesterday the financial terms for a deal that involves floating off shares in Suez's Environment business. Syria blames fuel price rise partly on refugee influx
Syria's oil minister said on Monday fuel prices would soon rise, and he blamed the increase in part on an influx of refugees into the country from neighboring Iraq. Kazakhstan demands damages from Eni
Kazakhstan wants hefty compensation for cost overruns and delays at the giant Kashagan oil field and favors replacing Italy's Eni with a local company as operator, its deputy finance minister was quoted as saying. 
