close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Exxon considers oil & gas exploration in Afghanistan

200-exxon-mobil

Exxon Mobil Corp is contemplating participation in an oil and gas tender of six blocks in northern Afghanistan, a company spokesman said on Monday.

0

July 3, 2012 10:49 by



Exxon Mobil Corp is contemplating participation in an oil and gas tender of six blocks in northern Afghanistan, a company spokesman said on Monday.

Access to the world’s oil reserves for companies like Exxon has gotten tougher in recent years as governments assert tighter control of their resources. Opportunity exists, however, in countries like Afghanistan or Iraq where foreign oil companies’ budgets and expertise are needed.

“Esso Exploration International Ltd’s expression of interest in the Afghan-Tajik Basin tender is part of our ongoing evaluation of oil and gas resources around the world,” Alan Jeffers, a spokesman for Exxon, said.

Afghanistan is seeking bidders for the exploration, development and production of oil and gas in six blocks in the western portion of the Afghan-Tajik Basin of northern Afghanistan, according to its Web site.

Bids are due in late October and winning bidders will be announced in late 2012, the government said.

Afghanistan signed a deal late last year with China National Petroleum Corp (CNPC) for the development of oil blocks in the Amu Darya basin in the north, a project expected to earn billions of dollars over two decades for the wartorn state.

That agreement was the first international oil production agreement reached by the Afghan government for several decades.

Shares of Exxon fell 68 cents to $84.88 in midday New York Stock Exchange trading. The energy sector was broadly lower on a $2 per barrel decline in crude oil prices.



0

Tags: , , ,

Leave a Comment