shanny

10 posts with at least 10 characters

post #9 - do I have enough characters yet?

Here I am.

Emirates Business 24/7 - [1/17/2010] The recent oil deals between Iraqi and foreign companies could be good news for its people but any rapid increase in the country's crude production could undermine the market, a veteran Arab oil analyst has said. Nicolas Sarkis, Director-General of the Paris-based Arab Petroleum Research Centre (APRC), said the deals and other similar agreements in the future could lift Iraq's oil output capacity to 12 million barrels per day, similar to that of Saudi Arabia, the world's largest crude exporter. Writing in the APRC's monthly magazine, he said the three major oil accords signed before the end of 2009 had removed what he described as one of the biggest obstacles to the development of the Iraqi oil industry, adding that they would open the way to a substantial expansion of national oil production. http://www.iraqdirectory.com/DisplayNews.aspx?id=11310

There is a rising inclination among investors in the GCC to put money into Iraq and Gulf companies have started to test the prospects of investing in the war-torn country that is now rebuilding itself, according to officials at YouGov, a UK based market research firm. The UAE leads the investors from the region into the resource-rich country and according YouGov officials, investments from the country fall into a wide spectrum of sectors such as telecommunications, constructions as well as oil and gas. Besides, FMCG companies from the region, particularly those from Saudi Arabia are finding Iraq an attractive market for their products, YouGov officials said. http://www.zawya.com/story.cfm/sidZAWYA201...active%20market

AMMAN (Dow Jones)--The Iraqi oil ministry will finalize by the end of this month seven deals for oil fields won in Iraq's second round of bidding held in December as all winning companies have agreed to new amendments, a senior oil ministry official said Sunday. Lukoil Holdings (LUKOY), China National Petroleum Corp. and Gazprom (GAZP.RS) led consortiums were the latest foreign companies to agree to new changes made by the Iraqi oil ministry to these deals, Abdul Mahdy al-Ameedi, head of the oil ministry's Petroleum Contracts and Licensing Directorate told Dow Jones Newswires by telephone from Baghdad. Meanwhile, a consortium led by Italian energy giant Eni SpA (E) has accepted Iraqi government amendments to a service contract to develop the giant southern Zubair oil field, sources close to the Iraqi oil ministry said. The Eni group is expected to sign for the Zubair oil field on Friday. Discussions regarding an ExxonMobil-led group to upgrade West Qurna Phase 1 is taking place Monday, the sources added http://online.wsj.com/article/BT-CO-201001...LEHeadlinesAsia

http://news.yahoo.com/video/world-15749633...6wpixHnoYP5SpZ4

That's awesome. THanks for doing that for us. Are you bringing them into chat or are you going to post something in the forum?

Get well soon Terry. You are in my thoughts and prayers. i hope you have a very Merry Christmas!!!

I'm getting the same message. Growing pains perhaps?