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OIL AND GAS
First Saudi commercial flight jets to Baghdad after 27 years
by Staff Writers
Riyadh (AFP) Oct 18, 2017


Saudi budget carrier flynas on Wednesday made the first commercial flight from Riyadh to Baghdad since 1990, as ties with neighbouring Iraq show signs of improvement.

"Our first flight took off today from Riyadh to Baghdad," the company wrote on Twitter, posting pictures of the cabin crew and passengers.

Tickets for the maiden flight were advertised for as low as $7 (six euros) excluding taxes as flynas CEO Bandar al-Muhanna said the move to reopen the route would help "link the two sisterly countries".

Flights between Iraq and Saudi Arabia were suspended some 27 years ago in August 1990 after former Iraqi president Saddam Hussein ordered his troops into neighbouring Kuwait.

After years of tense relations, ties between Sunni-ruled Saudi Arabia and Shiite-majority Iraq have begun looking up in recent months.

Saudi Foreign Minister Adel al-Jubeir headed to Baghdad in February for talks with Iraqi Prime Minister Haider al-Abadi on the first visit of its kind since 2003.

Abadi then visited Riyadh in June, followed the next month by influential Iraqi Shiite cleric Moqtada Sadr, who led a militia that fought against the US occupation of Iraq.

Private carrier flynas, in which Saudi billionaire Prince Al-Waleed bin Talal holds a 34-percent stake, plans to expand its routes from Saudi airports to major cities across Iraq.

National flag carrier Saudia, also known as Saudi Arabian Airlines, is also scheduled to operate a flight to Baghdad from Thursday.

OIL AND GAS
More drilling expected in the North Sea; No disruptions from Ophelia
Washington (UPI) Oct 16, 2017
The Norwegian government said Monday it signed off on new plans for oil drilling and exploration work in the national waters of the North Sea. The Norwegian Petroleum Directorate said it gave Statoil approval to drill an exploration well in the shallow waters of North Sea. Drilling starts in November and will run for about 99 days, depending on whether or not the company makes a discove ... read more

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