INOVA Geophysical has appointed two new regional sales executives for the Middle East and Africa regions
Industry
Iraq and Kurdistan Region of Iraq reach tentative agreement on oil firm payments
Iraq’s federal government and the Kurdistan Region of Iraq have reached a tentative agreement to resolve disputes over payments to foreign companies that have affected crude oil exports from the autonomous region
Japan hoping to renew oil and gas deal with UAE
With a nuclear cooperation and technology transfer deal signed recently between the two countries, Japan has told the UAE that it would like to renew its oil and gas concession beyond the current 2018 expiry date
Egypt to adopt new licensing policy for oil and gas exploration deals
Egypt has announced a new licensing policy for its future onshore and offshore oil and gas exploration contracts signed with foreign companies
Libya to dispatch oil to Egypt next month
Libya will soon start dispatching oil to Egypt on soft credit terms as Cairo is currently struggling to pay for oil imports