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The contract, Adyard’s second inside 12 months, was awarded for their exceptional standards, measured against key quality and safety performance indicators, achieved during their previous project.
World oil prices retreated further Wednesday on hopes that Britain and Iran would find a diplomatic solution to a stand-off sparked by Tehran's detention of 15 British sailors.
World oil prices, which were already falling on Wednesday, extended losses after Iranian President Mahmoud Ahmadinejad said that 15 British sailors captured by Iran will be freed immediately.
World oil prices accelerated their losses on Wednesday as Iran released 15 British sailors the Islamic Republic had captured almost a fortnight ago.
Ecuadoran President Rafael Correa confirmed here Wednesday that his country will return to the Organization of the Petroleum Exporting Countries, 15 years after quitting the oil cartel.
State-owned CODELCO selected Aggreko after an intense bidding process, primarily due to the company’s ability to commit to plant installation within two months.
The meetings follow on from a technical cooperation agreement MOU that was signed between the Iraqi Oil Exploration Company and Crescent Petroleum in September 2005.
The CEO of TAQA spoke of opportunities he sees to combine North Sea energy with European storage and delivery channels in a way that brings value to TAQA’s customers.
Oil prices were mixed in volatile Asian trade Thursday after Iran freed 15 captured British military personnel, easing fears a diplomatic row could escalate and disrupt crude supplies, dealers said.
World oil prices rose on Thursday after a massive plunge in US motor fuel reserves, but gains were capped after Iran freed 15 seized British military personnel.
World oil prices slid on profit-taking Thursday ahead of the Easter holiday weekend, reversing earlier gains that were linked to a massive plunge in US motor fuel reserves.