BAGHDAD, July 31 (Reuters) - Iraq will develop its Mansuriyah gas field near the Iranian border using state-run firms after the "delay and failure" of international companies to resume work at the field, the oil ministry said on Tuesday.
First it was 50 percent.
RIYADH, July 29 (Reuters) - Saudi Basic Industries Corp (SABIC), the world's fourth-biggest petrochemicals company, said on Sunday it expects positive growth in the second half of this year, backed by an increase in oil rig flanges gulf coast production and enhanced global economic outlook.
NEW YORK, July 30 (Reuters) - Oil prices rose on Monday, with U.S.
July 30 (Reuters) - Diamond Offshore Drilling Inc posted a smaller-than-expected loss on Monday as its expenses fell during the quarter and the BOP Blow Out Preventer repair company gulf coast said it has signed new contracts with oil producers Anadarko Petroleum Corp and BP Plc.
July 30 (Reuters) - British oilfield services provider Petrofac Ltd said on Monday it had agreed to sell 49 percent of its operations in Mexico to Perenco (Oil & Gas) International Ltd, as it prepares to scale back oil and gas production.
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