Tuesday 29 July 2014
 
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Apache

Qatar signs $11 billion arms accord with US

The United States has signed an agreement with Qatar to sell the Gulf Arab ally Apache attack helicopters and Patriot and Javelin air-defense systems valued at $11 billion. "Today's signing ceremony underscores the strong

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Fracking without freshwater in Texas

At a dusty Texas oilfield, Apache Corp has eliminated its reliance on what arguably could be the biggest long-term constraint for fracking wells in the arid western United States: scarce freshwater. For only one well, millions of

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US to sell Indonesia army helicopters in $500m deal

The United States will sell the Indonesian army eight Apache attack helicopters in a deal worth $500 million including radar, training and maintenance, a US defense official said on Monday. "We are working on further details

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Apache reports 7 discoveries in Egypt desert

US-based Apache Corporation has reported seven oil and gas discoveries across the company’s 9.7 million gross acres in Egypt’s Western Desert. The discoveries include the Riviera SW-1X on the southern flank of the Abu

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Foster Wheeler wins Egypt consultancy deal

  Global Engineering and Construction Group, a subsidiary of Foster Wheeler AG, has signed a three-year framework agreement with Egypt's Apache Khalda Corporation for the provision of consultancy services.  

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Apache plans $1.5bn Egypt investments

American oil and gas company Apache Corp plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, Egypt's General Authority for Free-zones and Investments (GAFI) said. This is one of the biggest expansion

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US sees $60bn arms deal with Saudi

The US is planning to sell $60 billion of arms to Saudi Arabia over the next ten years in what promises to be the largest arms sale by the US to a foreign country, said a report in Army News. The proposed deal, which includes $30 billion o

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Apache finds oil in Egypt

Oil and gas exploration company Apache Corp on Wednesday said it has found a potentially significant oil accumulation in Egypt and plans to drill more wells in the area. The Heqet-2 appraisal well in Egypt’s Greater Khalda area is producin

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Apache finds oil in Egypt

Oil and gas exploration company Apache Corp on Wednesday said it has found a potentially significant oil accumulation in Egypt and plans to drill more wells in the area. The Heqet-2 appraisal well in Egypt’s Greater Khalda area is producin

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