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Kuwaiti firm buys Total's key Norwegian oil assetsFrench oil giant Total said it has signed an agreement to sell its remaining 15 per cent stake in Gina Krog oilfield at Norway to Kuwait Foreign Petroleum Exploration Company (Kufpec) in a deal worth nearly $317 million. This agre More… |
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Kuwaiti firm buys Total's key Norwegian oil assetsFrench oil giant Total said it has signed an agreement to sell its remaining 15 per cent stake in Gina Krog oilfield at Norway to Kuwait Foreign Petroleum Exploration Company (Kufpec) in a deal worth nearly $317 million. This agre More… |
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Saudi oil assets 'safe from attack risk'Saudi Arabia is sure its 35,000-strong security force can protect its oil installations from the rising threat of terrorist attack in the region, the former chief of Saudi intelligence services said. A wave of unrest rippling across the Ar More… |
