Business Services Industry

AME Info, Abu Dhabi, United Arab Emirates, Oil and Gas Briefs Column.

Knight Ridder/Tribune Business News, May, 2003

By Peter J. Cooper, AME Info, Abu Dhabi, United Arab Emirates Knight Ridder/Tribune Business News

May 5--LUKOIL WILL NOT CEDE IRAQ OILFIELD: Russian oil major Lukoil has said under no circumstances will it cede the Iraqi oilfield of West Qurna-2, reported AFP. In April US officials warned that Russian oil companies had little hope of fulfilling pre-war contracts due to Russia's opposition to the war in Iraq. Lukoil says it will take the matter to an international tribunal in Geneva.

TECHNIP-COFLEXIP WINS USD566 MILLION ADCO JOB: Technip-Coflexip has won a USD566 million contract from the Abu Dhabi Company for Onshore Oil Operations in association with the National Petroleum Construction Company of Abu Dhabi. This immediate contract is to...

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