Tag Archives: Development

Agreement aims to increase production capacity from the Bu Haseer field from 8.000 bpd too 16.000 bpd.

A sharp growth in fuel prices that have risen by over 8% year-to-date. has forced the authorities to take emergency measures.

ICV is an ambitious plan embarked by the Government to boost the oil and gas industry’s contribution in the Sultanate’s socio-economic development.

Oil will remain the center of economic capability and economic development for decades to come.

Critics say using the oil reserve for anything other than an oil supply disruption is unwise.

Dana Gas’ net share of production in the KRI averaged 26.100 boepd of production during the first half of 2018.

The agreement extends to sea areas around all ports owned and managed by Abu Dhabi Ports.

The development builds on discussions during a climate summit in Paris last year.

The cooperation deal envisages investments worth at least €3 billion ($3.5 billion) in the Greek market.

Government working to negotiate with Trump administration to maintain relations with Iran.