News / International
Sudan to attract Saudi investments in oil and gas sectors
A top official at the consulate general of Sudan in Jeddah said yesterday that a number of Saudi businessmen are intending to invest more than $1 billion in the Sudanese oil and gas. He expected that Sudan would start exporting oil in the next 3 years. ExxonMobil ‘freezes Kurd deal’
Iraq's government has received a letter from ExxonMobil saying the US supermajor had frozen its deal with the country's semi-autonomous Kurdistan region, Iraq's oil minister Abdul Kareem Luaibi said on Friday. Lukoil ‘sets date’ for West Qurna 2 deal
The pending sale of Statoil's stake in the supergiant West Qurna 2 oilfield in Iraq to Russian operator Lukoil is set to be completed in May, with the Norwegian state oil company waiting only on a written confirmation from the Baghdad authorities, according to reports. Transocean Ltd. Provides Fleet Update Summary
Transocean Ltd. issued a monthly fleet update summary which includes newly signed contracts, significant changes to existing contracts, and changes in estimated planned out of service time of 15 days or longer for all rig classifications since the previously issued comprehensive fleet status report or fleet update summary. Gazprom Neft starts work on third well at the Badra field in Iraq
Gazprom Neft has started work to reactivate well Bd1 at Badra, Iraq, where it is operator. The work will make it possible to determine the technical state of the well and subsequently test four productive stratas at the site. Uganda Court Halts Sale of Shell Unit’s Assets
Uganda's High Court has blocked Royal Dutch Shell PLC from proceeding with further negotiations about an intended $1 billion sale of its Ugandan unit until a case filed against it is heard, court officials said Wednesday. French Total seeks business in Iraqi Kurdistan: chief
French oil giant Total is in talks to tap opportunities to invest in autonomous Iraqi Kurdistan, its chief said Tuesday as Baghdad insists contracts should go through the central government. Sudan lowers oil transit fee demand
Sudan has lowered its oil transit fees demand to $32.20 a barrel in a bid to resolve a row that has shut in South Sudan's output, Sudan's oil minister said on Tuesday, but the two sides remained far apart as talks continue in Ethiopia. 
