Friday 19 December 2014
 
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China National Petroleum Corporation

Cameron wins $100m Iraq oil contract

Cameron, a leading provider of flow equipment products, systems and services to the oil, gas and process industries, said it has won a supply contract worth $100 million from Rumaila Operating Organization (ROO) in Iraq. The ROO is a joint

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Firm seeking Libyan approval for China deal

Canada's Verenex Energy is running short of time to get Libyan approval for its $460 million sale to China, making some investors pessimistic that the deal will go ahead. Verenex, a small Canadian oil company working in Libya, needs Li

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China experts start work on Iraq's oilfield

Chinese oil engineers have begun work on developing a major Iraqi oilfield following the signing of a $3 billon contract, a senior Iraqi official said yesterday. The project, the first major oil development deal secured by a foreign firm i

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