Subsidiaries of CNOOC. Hess Corp. Chevron Corp and Statoil ASA each have a 25-percent stake in the project. while Hess is the operator.
Read More »Total Buys Stakes in Offshore Guyana Blocks
These two companies will retain a shared 30 percent interest alongside operator ExxonMobil. which has a 35 percent stake.
Read More »Iran. Armenia Deal on Swap of Gas. Electricity
Armenia by around 30.000 kilometers area and with a population of 3 million is located in Caucasus Region and in the year 1991 it became independent from the Soviet Union.
Read More »Iran Mulls Output Rise in Abouzar Oilfield
Abouzar is located 76 kilometers southwest of the Kharg Island.
Read More »Iran. Sinopec in Talks over Yadavaran Oilfield
Production from all oilfields in West Karoun block is close to 300.000 barrels a day.
Read More »Non-Oil Trade Balance of Iran-Oman Rise $390mln in 9 Months
Iran exported its first wheat consignment of 29.630 tons to Oman in June.
Read More »Oil Rises as OPEC Compliance Remains in Place
Goldman Sachs raised its three-month forecast for Brent to $75 from $62 and its six-month forecast to $82.50 from $75.
Read More »Kuwait to Invest in $500B on Oil and Gas Projects by 2040
Around 90 percent of Kuwait'.s state revenues come from oil.
Read More »TAPI Unlikely to Challenge Iran-Pak Pipeline Project
TAPI is a planned 1.800-kilometer stretch of pipeline aimed at transferring natural gas from Turkmenistan to India.
Read More »Syria. Russia Cooperate in Energy Field
Syria and Russia would be partners in reconstruction of Syria.
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