Tag Archives: Development

Rosneft experts while drilling a prospecting well on the shelf of the Khatanga Bay of the Laptev Sea found that the core is saturated with oil.

The allocation of the $13-billion credit line by South Korea to Iran would open the way for Japanese and European banks to do the same with the country.

The Carbon Sequestration Project (CSP) aims to sequester atmospheric carbon in arid and semi-arid areas of Iran and improve the socio-economic status of local communities.

Statoil’s strategy focuses on safety. high value creation and low carbon.

Total had declared that the final decision on agreement with Iran depends on the extension of Iran’s sanctions relief by the US government.

Leveraging both companies’ extensive experience in onshore imaging and multi-client projects. the program offers clients the first modern regional seismic images in these areas.

Oil production in Azerbaijan stood at 826.000 barrels per day. or 1.6 percent less than in 2015. according to the report.

West Karoun is the name of an oil-rich region in Khuzestan that includes several large oilfields.

The refinery'.s output level is rising progressively and its isomerization unit will go on stream next week.

Pertamina has signed a joint venture agreement with Aramco for the Cilacap refinery upgrade with a total investment value of around US$5.8 billion.