Tag Archives: Europe

Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate. according to the estimations of SOCAR geologists.

Iran has so far signed MoUs with 4 Russian companies for developing its oil and gas fields.

Priscillah’s appointment is in-line with two recent female senior executive appointments to the BPSA leadership team.

During his meeting with Russian counterpart Alexander Novak. the Venezuelan oil minister will discuss the implementation of the OPEC+ global oil output cut deal.

The world’s largest oil exporter shipped almost 4 million tonnes of crude to China in July.

In the meantime. other foreign companies are welcome to discuss their interest in the gas field.

As a consideration. Statoil will fund 100% of the cost of certain future activities in the block.

The cost of reconstruction has been estimated at between $700 billion and $1 trillion (590 billion to 840 billion euros).

Royal Dutch Shell Plc said it was taking steps to secure its assets in the western Gulf of Mexico in preparation for severe weather.

The complex will be able to process 1.6 billion cubic meters of gas per year.