Tag Archives: Investment

POGC is also collaborating with an unnamed French company to offset the natural decline in South Pars extraction rate .

Russia maintains its oil-price outlook at $50 to $60 on average for this year.

Currently. Iran has agreements with Iraq and Oman to supply 28 bcm y of gas.

Uganda estimates overall crude reserves at 6.5 billion barrels. while recoverable reserves are seen at between 1.4billion and 1.7 billion barrels.

As of 2013 nine gas fields were discovered with total in-place reserves of 1.7 trillion cubic meters.

The total support from the Indian Government for the project. including the cost of the land. will be around Rs 400 crore ($47.9m).

Saudi state giant to focus on US refining offshoot Motiva in five-year Americas growth plan.

Iran aims to attract $72 billion in foreign investment for 80 petrochemical projects.

GE and Dussur signed a memorandum of understanding last year that is expected to result in nearly 3.75 billion riyals of investment.

Almost 70% of Iran’s petrochemical machinery is manufactured by Linde and Siemens.