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.
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.
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
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
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
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
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
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.
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
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