BP stated that the crane is capable of placing 750t subsea structures as far as 600m below sea level.
Read More »Rosneft. Statoil to Develop Oilfield
Recent exploration over the past two years has more than doubled the field’s estimated reserves to about 813 million boe.
Read More »Baker Hughes Ready to Assist in TANAP’s Second Phase
TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.
Read More »Hydrogen Power Storage Development Gaining Impetus
The years 2020 to 2030 will be for hydrogen what the 1990s were for solar and wind.
Read More »Oil. Gas to Be Big Part of Energy Mix for Decades to Come
BP is a global energy company with wide reach across the world’s energy system.
Read More »Russian Oil Giants Submit Plans to Develop Iran`s Oilfields
Lukoil and Indonesia’s Pertamina individually proposed plans to develop the Bangestan reservoir of the Mansouri oil field southeast of Ahwaz.
Read More »Undersea Iran-India Gas Pipeline can Bring Cheaper LNG to India
The Iran-India gas pipeline for LNG imports will start at the Chabahar port in that country and terminate at Porbandar in Gujarat.
Read More »OPEC. Non-OPEC Unlikely to Increase Size of Output Cut
The cut deal is very likely to be extended through to mid-2018 and even maybe end-2018.
Read More »Iran. France Sign Agreement on Flare Gas Recovery
The projct takes two years to be implemented. and and it needs six months to be handed over to the Iranian experts.
Read More »GE Targets to Reduce Cost of Oil Production with Baker Hughes Merger
Cost could only be reduced by cost cutting or using more efficient technology.
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