In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.
Read More »Indonesia Develop 2 Oilfields in Iran
Pertamina is an Indonesian state-owned oil and natural gas corporation based in Jakarta.
Read More »Aramco. Rosneft Agree to Conduct Joint Marketing with Pertamina
Pertamina. which owns 55 percent of both projects. was previously the sole off-taker of output by the Cilacap and Tuban refineries.
Read More »LNG Market Expected to Balance by 2023
South Asia is emerging as the new hot spot for LNG. with Pakistan and Bangladesh set to join India as major consumers.
Read More »China’s CEFC in talks to acquire stake in Rosneft
CEFC would be the first privately held Chinese firm to invest in a major oil giant.
Read More »Statoil Receives Consent for Exploration Drilling at Gina Krog
Exploration well 15 6-14 S. which Statoil has now received consent to drill. is to be drilled as a sidetrack from existing well 15 6-B-2.
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 »Total’s Ice-Class LNG Tanker Makes Arctic Passage Unaided
Global warming has made the northern passage along Europe and Asia navigable for longer periods in recent years.
Read More »Shell to Deploy Maersk Drilling Rig for Work Offshore Trinidad
The new deal extends the contract from 95 days up to a total of 140 days.
Read More »Russia Claims to Have Invented Alternative to Fracking
The project partners plan to begin the first tests at operational wells of one of Rosneft’s subsidiaries in September. according to the University of Tyumen.
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