Rosneft said that production offshore Vietnam is very profitable.
Read More »SOCAR Registers two Companies to Develop New Fields in Caspian
The first phase of the field’s development envisages drilling of one well at a sea depth of 470 meters.
Read More »Lukoil Signs New Development Plan for West Qurna-2 Field
LUKOIL will remain one of the largest investors and employers in Iraq in the coming years.
Read More »Turkey to Launch Gas Pipeline to Europe in June that will Bypass Russia
Turkey will start deep-sea drilling in the Mediterranean this summer.
Read More »ADNOC Drilling to Set Up Partnership with Baker Hughes
ADNOC Drilling deal with Baker Hughes would allow the US firm to expand in the Middle East.
Read More »TANAP Gas Pipeline Will Start Operating in June
In a first phase. TANAP will introduce 6 billion cubic meters (bcm) of gas yearly. so Turkish imports. set at 6.6 bcm by Albayrak. will be covered in a 90 percent.
Read More »U.S. Oil Rises above $70 for First Time since November 2014
U.S. output will likely rise further this year. towards or past Russia'.s 11 million bpd. as its energy firms keep drilling for more.
Read More »Oil Majors to Support R&D at Global Industry Gathering in Abu Dhabi
Oil firms will evaluate technical solutions by researchers from around 27 countries at the two-day event.
Read More »Cyprus Says Gas Dispute with Israel is in ‘No One’s Interest’
The Aphrodite discovery in Cyprus’ Block 12 was made in late 2011.
Read More »Oil Market is Awaiting Trump Decision on Iran’s Nuclear Program due May 12
Oil turns higher as dollar moves. looming decision on Iran sanctions tug at market.
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