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  1. Dragon Oil Shareholders Reject Takeover Offer By ENOC

    ...pital for the indebted emirate. In a statement posted on the Dragon Oil website on 2 December, ENOC expressed its commitment as a long-term majority shareholder to the company, stating that it would not sell shares in Dragon Oil until 31 December 2011 (MEES, 7 December). A statement issued by Dr...

    Volume: 52
    Issue: 51/52
    Published at Mon, 28 Dec 2009

  2. Qatari Banking System Remains Sound And Profitable, Says Samba

    ...portunities for sustained credit expansion through 2011. In addition, growing domestic liquidity and improving access to wholesale funding and capital markets should raise deposits and bring the loans to deposit ratio back down towards the central bank limit of 90%. Broad money (cash and bank deposits) gr...

    Volume: 52
    Issue: 51/52
    Published at Mon, 28 Dec 2009

  3. Africa Oil Extends Puntland Exploration Period

    ...dified terms for production sharing agreements (PSAs) for the Dharoor and Nugaal exploration areas. The amended agreements extend the initial exploration periods of both blocks from 36 months to 48 months, with an expiry date of 17 January 2011. Under the revised terms Africa Oil, which holds a 60% in...

    Volume: 52
    Issue: 51/52
    Published at Mon, 28 Dec 2009