The international contract for development of Phase 11 of South Pars in the framework of IPC will be signed on Monday.
Read More »Nigeria to Hit 40b Barrels Oil Reserve by 2020
In terms of daily production. the fields will yield 50. 000 barrels of crude oil per day and 120 million standard cubic feet of gas per day by early 2019.
Read More »ExxonMobil Signs LNG Collaboration Agreement
ExxonMobil will provide its technical support and expertise to help the parties carry out safe bunkering operations and sell LNG bunker fuel to vessel operators.
Read More »German Finance Minister Stresses Expansion of Banking Ties with Iran
Berlin is determined to broaden and bolster economic relations with Tehran.
Read More »Hindustan Petroleum Corporation Joins Talks to Buy Stake in Russian Oil Fields
In 2013. Vankorneft was chosen as an operator on development of new fields of Vankor Cluster located close to the Vankor field.
Read More »ExxonMobil Scientists Figured Out How to Turn Algae into Biofuel
The modified strain ended up being about 40 percent oil. compared to the 10 or 15 percent that would otherwise have been yielded in the same environment.
Read More »China will Supply Equipment for Iran Sardasht Hydropower Dam
Hydro power constitutes almost 15%. or about 12.000 MW of Iran’s total installed power generation capacity of 76.000 MW.
Read More »Oil Firms Face Increasingly Sophisticated Cyber Attacks
Of the three major stages of the upstream business. exploration is the least vulnerable to cyber attacks.
Read More »Iran Drills Over 75 km of Oil & Gas Wells in 3 Months
The wells included 14 delineation wells one exploratory and 27 repairing ones.
Read More »Eni Inks Upstream and Renewable Energy Deals in Kazakhstan
Eni and GE will work jointly to evaluate the feasibility of building a 50MW wind power plant and also in exploring further initiatives in Kazakhstan.
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