SOURCE:[Resource News Report] - With the cost of a single exploration well anywhere from $5-200 million, it is no surprise that oil companies are incentivised to reduce drilling risk. A dry well can ...

Today — in Washington, D.C. — the CEO of the Saudi Fund for Development (SFD) (https://SFD.gov.sa), Mr. Sultan bin Abdulrahman Al-Marshad, and H.E Felix Moloua, the Minister of State in Charge of ...

The Saudi Fund for Development (SFD) has signed two loan agreements to the tune of $107 million with Pakistan for hydropower projects in Azad Jammu and Kashmir (AJK). A visiting SFD delegation called ...

Prime Minister Shehbaz Sharif and the Chief Executive Officer of Saudi Fund for Development (SFD), Sultan Abdulrahman Al-Marshad, witnessed the signing of two significant agreements between Pakistan ...

ISLAMABAD: The Saudi Fund for Development (SFD) and Pakistan, on Thursday, signed a new agreement to finance oil derivatives worth $1 billion to Pakistan. The agreement was signed by Chief Executive ...

The Ministry of Economic Affairs on Friday signed a $240 million loan agreement with the Saudi Fund for Development (SFD) for the development of the Mohmand Multipurpose Dam Project, which aims to ...