Tag Archives: Middle East

The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.

For more than 75 years. Schlumberger has supported Saudi Aramco and the Kingdom of Saudi Arabia’s oil and gas industry.

The MoU aims to generate USD 4 billion in annual productivity improvement.

Iran signed a contract in 1996 to export up to 10 billion cubic meters of gas per year to Turkey over 25 years.

Iran'.s priority for gas exports to Europe was to proceed with LNG.

Currently. the value of the UAE’s investments in Indonesia amounts to $2 billion.

The U.S. oil major bid for the cargoes of the ultra light oil at more than $2 a barrel above Dubai quotes.

The plant was built at a cost of 8.75 million euros (US$9.6m). funded entirely by the IKEA Foundation’s Brighter Lives for Refugees campaign.

Iran'.s gross gas output stands at 285bn m3 yr.

Iran’s electricity exports to Iraq have steeply risen this year.