Tag Archives: International

Pertamina signed a nondisclosure agreement last August with NIOC to conduct studies on the oilfields.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

Dana made a net profit of $7 million in the three months to Dec. 31.

Some producers. notably Saudi Arabia. appeared to cut the oil output by more than originally agreed amount.

.Exploration and production deals. meanwhile. should keep getting bigger this year. Moody’s said

.The oil layer is projected to hold heavy crude with an API gravity of 8-16

.The volume of gas in place (GIP) of the field is estimated at 42 to 56 TCF

.The EIA had forecast small annual average supply builds in both 2017 and 2018

Moscow hopes the tensions between the new White House administration. Iran and China will not result in any serious international showdown

Iraq has been the main cause of worry for energy investors ever since OPEC agreed to cut its production in November last year