Holding reported cash dividend of $1.5 per share for 2014
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Posted inNews
Oman not to cut spending despite oil slump
Sliding oil prices leave Oman with a national deficit of $6.5bn
Posted inNews
SacOil starts field development onshore Egypt
Total production was estimated at 350 barrels of oil per day
Posted inProducts & Services
Global oil and gas sector faces uncertain 2015
Exploration and production companies particularly vulnerable
Posted inProducts & Services
UAE: oil price slump could boost global economy
Energy minister said oversupply in the market needs time to be absorbed
Posted inNews
DNO finds oil offshore Tunisia
UAE based Petrogas has 35% participating interest in drilling permit
Posted inProducts & Services
UAE service companies’ profit slashed by oil price
Dubai based oilfield service provider said profit will drop by 30%
Posted inProducts & Services
Low oil price to drive market
Decline is already having an effect on mergers and acquisitions
Posted inNews
Iraqi oil exports record high in December, 2014
Exports highest since 1980s- 2.94mn barrels of oil per day