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News from November 2010

Raytheon to sell up to $4 billion in arms to Saudi

Raytheon to sell up to $4 billion in arms to Saudi thumbnail

The United States said last month Saudi Arabia wants to spend as much as $60 billion on aircraft, helicopters and other arms, kicking off a spending spree in the Gulf anticipating an escalation of the West’s row with Iran over its nuclear plans. Raytheon, which makes missiles and radar systems, said its share in the […]


Challenges will grow as reserves become harder to reach

Challenges will grow as reserves become harder to reach thumbnail

Kamel Bennaceur, the chief economist of Schlumberger who will participate on Tuesday in an ADIPEC panel discussion on new frontier challenges, shares his views on the oil and gas industry The chief executive of Schlumberger has recently called for greater standardisation and streamlining of technologies used in oil exploration and production. Could you explain why […]


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