Iran’s Ayatollah Ali Khomeini has approved the government’s nuclear deal with world powers but with conditions
Industry
South Korean bank to finance Kuwaiti projects
The Export-Import Bank of Korea (Korea Eximbank) has announced that the South Korean bank had signed an MoU with Kuwait Petroleum Corporation (KPC) to finance US$5bn for some of the company’s projects in Kuwait
Infosys to acquire Noah Consulting for US$70mn
IT major Infosys has announced an agreement to acquire oil and gas management consulting services provider Noah Consulting for US$70mn
Petrofac awarded technical training contract with Shell Iraq
Petrofac Training Services (PTS) has been awarded a technical training contract with Shell Iraq for the management and operation of Shell’s Majnoon training centre in southern Iraq
Nostra Terra, Independent Resources acquire Egypt asset
A joint venture between Independent Resources and Nostra Terra Oil & Gas is acquiring a producing asset in Egypt