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Dana Gas wins Egypt oil exploration dealDana Gas, a leading regional private sector natural gas company, said it has won a major oil exploration contract from the Egyptian Natural Gas Holding Company and has also been pre-qualified as a non-operator in Lebanon’s first offshore l More… |
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Kuwait petro firm launches $750m loanKuwait Foreign Petroleum Exploration Company (Kufpec) has launched its first syndicated loan in five years with a $750 million deal, two sources close to the deal said. The deal will be Kufpec's largest ever syndicated loan, a More… |
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Kuwait petro firm launches $750m loanKuwait Foreign Petroleum Exploration Company (Kufpec) has launched its first syndicated loan in five years with a $750 million deal, two sources close to the deal said. The deal will be Kufpec's largest ever syndicated loan, a More… |
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Oman signs oil, gas deal with PetroTelOman has signed a three-year oil and gas exploration and production sharing agreement with US-based private company PetroTel, the oil ministry said in a statement on Wednesday. "Under the a More… |
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Rediscovering the art of explorationWhile sustained exploration success requires many capabilities, management consulting firm Booz & Company, identifies organizational culture as the key factor separating oil companies that consistently outperform their riva More… |
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Kuwait petro firm picks banks for $750m loanKuwait Foreign Petroleum Exploration Company (Kufpec) has picked five banks to arrange a $750-million, five-year loan to help fund its general business operations, three banking sources told Reuters on Thursday. Kufpec has chosen More… |
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Total to boost exploration budgetTotal plans to raise its exploration budget in 2013 under an investment policy that takes advantage of high oil prices and financing from large-scale asset sales. The world's fifth largest oil company by market value said it w More… |
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Aramco unveils big gas exploration planSaudi Aramco has announced plans to boost its gas drilling and development operations as part of its strategy to use more gas, instead of oil, for electricity generation amid surging demand, said a report. Aramco aims to develop m More… |
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Bahrain PM calls for more oil explorationBahrain is to step up efforts to conserve its strategic oil and gas reserves and upgrade facilities. His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa urged viable initiativ More… |
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$600bn 'will be spent on oil, gas exploration'More than $600 billion will be spent by the global oil and gas exploration and production (E&P) industry and the largest growth will without doubt be offshore, an expert has said. Forecaster More… |
