At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.
Read More »Indonesia`s Drive to Reduce Oil Imports a Boon for Producers
With oil demand at about 1.2 million bpd and production at about 800.000 bpd. investors in Indonesia’s oil and gas sector will have a big supply gap to fill.
Read More »Iran`s Azadegan Oilfield Tender Delayed Until 2018
Tehran is looking to increase its crude output. and with 37 billion barrels of oil. the Azadegan field is Iran’s largest. shared with neighboring Iraq.
Read More »Japan in Advance Talks with Abu Dhabi for Oil Concession
Japan exploring opportunities in downstream and mid-stream sectors.
Read More »Iran`s South Azadegan Output at 83.000 bpd
South Azadegan field'.s development project is being undertaken with the help of Iranian firms and internal financial resources.
Read More »Expect A Flurry of Oil Deals In This Asian Nation
Japanese companies are going to require major investments in international oil and gas projects.
Read More »Azerbaijan`s SOCAR Seeks 25 pct Share in Deal with BP on Oil Fields
Under a new draft agreement SOCAR’s share would rise to 25 percent from 11.65 percent.
Read More »Azerbaijan. BP Extend Deal for Caspian Oil Field Until 2050
In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.
Read More »Japan’s Economy Ministry Requests Budget Increase to Tap Oil Opportunities in Iran
In July. NIOC signed an MoU with Japan’s engineering group Toyo to revamp facilities and upgrade recovery at the Salman gas field in the Persian Gulf.
Read More »Inpex Eyes Bid for Iran’s Azadegan Oil Project
NIOC will soon provide all necessary data about the Azadegan oil field to interested firms.
Read More »