Valemon is a gas and condensate field in the northern sector of the North Sea. just west of Kvitebjørn. The field has been developed using a fixed production platform. Production began in 2015.
Read More »SOCAR Launches Platform at Azerbaijani Offshore Field
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 »Capacity of Bulgaria’s Transit Gas Pipeline to Turkey to Increase in 2018
The project is in line with the Bulgarian government’s efforts to diversify the current gas delivery routes and sources.
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 »Russia Remains 2017 Largest Oil Producer in the World
The market data from JODI shows that Russia remains the world’s largest oil producer.
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.
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