Posts Tagged ‘kurdistan’

Dana Gas gains UAE offshore gas block

by Forex Rooton November 22, 2012 9:35 am GMT
The Sharjah-based company signed deals with the governments of both emirates to develop the field by drilling horizontal wells and installing an offshore processing platform and a 25-kilometre pipeline.Initial gas production from the field, which is situated 40 kilometres off both coasts, is planned for the first half of 2014,

Iraq ‘keen’ on Lukoil, CNPC for West Qurna bids

by on November 16, 2012 8:49 pm GMT
A sale of the stake to either company would significantly strengthen the position of Russia or China in exploiting Iraq's oil reserves, the world's fourth biggest."During two separate meetings with executives from CNPC and Lukoil, Iraq informed the companies that it favours their contribution to purchase Exxon's share in

Wood Group PSN expands in Middle East with Iraq contract

by on November 13, 2012 1:42 pm GMT
Wood Group PSN expands in Middle East with Iraq contractHOUSTON -- Wood Group PSN (WGPSN) has been awarded a contract by DNO Middle East to provide engineering and project support services to the Tawke field, in the Kurdistan region of Iraq. The contract marks WGPSN’s expansion into Iraq.The energy services

Heritage heading for Kurdistan exit

by on November 12, 2012 8:12 am GMT
Heritage initially reduced its share from 75% to 49% in August, with Genel Energy paying $156 million for the 26% stake and providing Heritage with a $294 million exchangable loan.Heritage announced on Monday that it had notified Genel of its intention to repay the loan by transferring its remaining 49