Tag Archives: International Companies

Saudi'.s oil production from Khurais is now at more than 1.3 million bpd.

The National Development Fund of Iran had already been impacted by the US sanctions. and the new round of Washington’s bans against Tehran will have no influence on the activities of the entity.

The firm behind a marine powered buoy tested in the North Sea has announced a £1.5m million contract to supply the technology in Chile.

Abdolnaser Hemmati said that the recent US move to re-impose sanctions against the CBI. which has been already sanctioned. proves that Washington is left with no leverage to pose further pressure against Tehran.

Aramco held kickoff meetings with the top banks in Dubai last week.

Iran’s national currency. the rial. has kept its value against other currencies. signaling strength in the face of the new rounds of US sanctions against Tehran which were announced on Friday.

Aramco is moving fast to add banks in junior roles on the deal after choosing the top underwriters last week.

The firm will use GE’s new Haliade-X 12MW turbines to power its Skipjack and Ocean Wind projects based off the US coast.

The attacks halved the crude output of the world'.s top oil exporter. by shutting down 5.7 million barrels per day.

Aramco already brought back part of the lost production and will return to pre-attacks level end of September.