Companies

The refinery is currently supplying 25 per cent of the country’s gasoline demand.

According to Pertamina'.s proposal. the number of oil wells in Abteymour field will increase from the current 50 to 257.

Aramco will take a 50% stake in select ventures and assets in the refinery and petrochemical integrated development project developed by Petronas.

OPEC officials have repeatedly said the group does not target a specific oil price.

The tender is organized by National Iranian Oil Company (NIOC).

SOCAR drilled 11.150 meters in January 2017. as compared to 9.810 meters in the same month of 2016.

Iran can draw on Pertamina'.s experience in this field.

An MoU had been inked with Pertamina over boosting recovery factor in two oilfields.

Lukoil is actively looking for growth opportunities in the Middle East.

Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.