Industry

Crescent signs regional co-operation pact

Crescent Petroleum has signed a co-operation agreement with Russia's Rosneft, in which the companies will seek deals jointly in the Middle East and North Africa (MENA) region. State-dominated Rosneft is Russia's largest oil company, and has in recent years started to expand internationally, and Crescent Petroleum - together with affiliate Dana Gas - is the region's largest privately owned oil and gas company.

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New permanent CEO for Sonatrach

Nordine Cherouati - until recently the head of Algeria's hydrocarbons industry-sector regulator Alnaft - has been named the new chief executive of state-owned oil and gas giant Sonatrach, in a first step to normalise operations and management of the company following the dismissal of most of its senior leadership after an intensive corruption probe.

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Kurdish deal imminent

A deal between Iraq's central government in Baghdad and its semiautonomous northern Kurdish region to restart oil exports could come within days, Iraq's deputy oil minister has been quoted as saying.

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Egyptian company to showcase services

Sahara Petroleum Services Company S.A.E (SAPESCO) is one of the affiliated group of companies that make up the Sahara Group. The group includes Sahara Oil & Gas, DREXEL, Valve & Tools, WEMCO, and MOVA. Sapesco, headquartered in Cairo and Alexandria, Egypt, serve Western Desert operations and the Gulf of Suez.

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Exploration company set to exhibit

GULFSANDS PETROLEUM PLC is an independent oil and gas exploration and production company, incorporated in the UK, that will be exhibiting at Syroil 2010.

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