Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
NISOC'.s contractual model conforms to the outlines of IPC. such as terms of 20-25 years and higher rewards for riskier projects. but differs in specifics.
Read More »NISOC Set to Finalize First IPC-Based Deal by March
Rosneft Completes 30% of Zohr Purchase
The Russian state-run oil giant said the cost of its acquisition is $1.125 bn.
Read More »Chevron. Total Interested in Majnoon Oilfield
Royal Dutch Shell said last month it had agreed with Iraq’s oil ministry to relinquish operations at the Majnoon field to the government after unfavorable changes to fiscal terms.
Read More »Halliburton. Schlumberger Eyeing Venezuela Ramp-Up
Halliburton said last year that it began scaling back operations in Venezuela as a result of delayed payments.
Read More »Saudi Aramco Expands in India
Saudi Arabia is competing with Iraq to be India’s top oil supplier. with Iraq displacing it for a fifth month in a row in August.
Read More »Qatar Offers Russia to Take Part in Projects on LNG Production
Qatar is one of the largest suppliers of liquefied natural gas in the world.
Read More »Algeria Says Will Not Change Foreign Ownership Limit in New Energy Law
Algeria awarded only four of 31 oil and gas field blocks on offer to foreign consortiums in 2014
Read More »Total Ready for Price War as It Enters French Retail Power Market
Total planned to increase its electricity production capacity in France.
Read More »Gazprom Neft Announces New Hydrocarbon Discovery in Western Pacific
The development of Gazprom Neft’s offshore assets remains a strategic priority for the company.
Read More »Maersk in Strong Position to Develop Iran`s South Pars Oil Layer
Several other foreign companies have been invited for South Pars oil venture but none have given a decisive answer.
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