Saturday 25 October 2014
 
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Apache

Apache expects higher gas prices in Egypt by year-end

US oil and gas producer Apache Corp, one of the largest foreign investors in Egypt, hopes to reach an agreement with Cairo on higher gas prices by the end of the year and is encouraged by what it considers greater government transparency.

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Lockheed Martin wins $90m deal for Qatar Air Force

Lockheed Martin has won a $90.6 million foreign military sale contract from the US Army to provide Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) systems to the Qatar Emiri Air Force. Field

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Egypt, US firm ink Sahara oil exploration deal

Egypt has entered into two agreements worth $44 million with US-based Apache aimed at exploring oil in Western Sahara, a report said. The contract also included $25 million in state grants, with 11 oil wells expected with be drill

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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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