Tag Archives: Investment

Statoil. for its part. said on Friday that ``Block 59 is a potential extension of the trend on which the Liza discovery was made in neighboring Guyana.``

Shell sees opportunities in LNG and next-generation biofuels for shipping. heavy freight and air travel.

Qatari banks. whose $50 billion external liabilities dwarf central bank reserves. may need more aid if the crisis deepens.

Aramco plans to invest $300 billion over the next decade. with the focus on gas.

Total has a 50.1-percent share in the deal. The state-owned China National Petroleum Corp. has 30-percent stake and Iran’s Petropars has 19.9 percent.

We can count some of our old friends among them. like Shell. ExxonMobil. and Chevron!

The operation of the Al Shaheen Field under the new arrangement runs for 25 years. starting on July 14.

Currently. Iran’s oil output stands at 3.8 million barrels per day. despite numerous statements that the country reached its pre-sanction production level of 4 million bpd.

The BP head said that the company would spend $15 billion in projects this year. and in 2018 and 2019.

The deal with Total increases Iran'.s energy security and is likely to encourage other foreign companies to invest in Iran.