Iran’s Khomeini approves nuclear deal conditionally
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
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