Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.
Read More »Iran. Russia Sign Deal to Develop Two Oil Fields
Saudi`s Shale Revolution
Aramco is currently drilling for gas in Jafurah and in South Ghawar. the world’s largest oil field.
Read More »Iran. Russia Sign Oil Contract
The Mansouri oil field is an Iranian oil field located in Khuzestan Province. in the south east of Ahvaz city.
Read More »Russia Tops U.S. In Global Energy Company Rankings
The Russians and Americans are going head-to-head in a global oil and gas market.
Read More »Russian Oil Output Flat as Rosneft and Lukoil Declines Offset by PSAs
Natural gas production was at 65.35 billion cubic meters (bcm) last month. or 2.11 bcm a day. versus 63.5 bcm in December.
Read More »Official Sees Oil. Gas Deals in 3-4 Months
Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.
Read More »Lukoil Calls for Exit from Output Deal if Oil Holds at $70
Lukoil shares rose by 5 percent to 3.880 roubles. giving the company a market capitalization of $55 billion
Read More »Russia`s upstream projects will require $102.6 billion by 2020
An average of $34.1 billion per year in capital expenditure will be spent on 1.673 oil and gas fields in Russia between 2018 and 2020.
Read More »Russia`s Upstream Projects will require $102.6 billion by 2020
An average of $34.1 billion per year in capital expenditure will be spent on 1.673 oil and gas fields in Russia between 2018 and 2020. according to GlobalData. a leading data and analytics company.
Read More »The Arctic Threat to Saudi Arabia’s Grand Oil Bargain
Russia has three oil export terminals on its Arctic coast.
Read More »