oil and gas | Egypt Oil & Gas - Part 15
Genel Still Awaiting More of Owned Money from Iraq Kurds
Genel Energy has put all exploration work on hold for this year to rein in costs, the London-listed oil producer said waits nearly $400 million in oil sales payments from the Kurdistan Regional Government (KRG).
Iran Nuke Deal-Sanctions Relief Still Pending
Iran and major powers gave themselves until Monday to reach a nuclear agreement, their third extension in two weeks, as Tehran accused the West of throwing up new stumbling blocks to a deal.
6-Year Saudi Offshore Contract Awarded to Ezra Holdings
Singapore's Ezra Holdings Limited signed a six year long term agreement (LTA) with one of the world largest national oil company, Saudi Aramco
Revolutionary Guards Prepared for Post-Sanction Bonanza
Iran's elite Revolutionary Guards have done very well out of international sanctions -- and if a nuclear deal is done in Vienna this week under which those sanctions are lifted, they are likely to do better still.
Financial Fine Tuning Called for to Ride Out Oil Price Waves
With oil prices slowly recovering from the dramatic fall last summer, chief financial officers (CFOs) working in the sector can galvanise the finance function in the fight to future-proof their business
ENOC Still Trying to Buy Out Dragon Oil Minority Shares
Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (ENOC) "materially undervalued" the company.
Shell CEO Proclaims Iran a Wonderful Country with Fantastic Resources
European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.
$1.2 Mn to Link Up Iraqi Oilfields in Real-Time
Restrata, a major provider of terrestrial services in hostile and remote environments, has been awarded a $1.2 million dollar contract to deploy a new managed Internet network across six locations in Iraq.
