Tag Archives: International Companies

The project would be 45 percent owned by Rosneft and 55 percent owned by Pertamina.

The Government of Denmark proposes to amend the Law on the Continental Shelf. which provides for the refusal to construct pipelines in the event of an environmental threat.

State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.

Despite the halt both enterprises and households in the country continued getting gas from the Abovyan underground storage facilities.

Total had announced earlier in August that it would acquire Maersk Oil for $5 billion. bolstering its position among the world'.s largest oil companies.

Exports amounted to 7.1 million tons in four months. up nearly 5% from 6.84 million tons in the same period of last year.

In 2015. Schlumberger agreed to buy 45.65 percent of EDC for $1.7 billion. but the deal fell through after the Russian anti-monopoly repeatedly postponed its approval.

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.

According to SHANA. the new oil deals based on Iran Petroleum Contract (IPC) is expected to replace buy-back contracts.

The East Coast of the U.S. could avoid supply disruptions for the time being because of adequate storage.