Kurdistan Regional Government says it will immediately pay $600m to Dana and its partners in the Pearl Petroleum consortium.
Read More »China Builds Methane Hydrate Venture in South China Sea
China is not the only country that is testing ‘fire ice’ deposits discovered in their waters.
Read More »South Pars Gas Output Rise 1 tcm Since 2002
Iran is developing the mega gas project in 24 phases. of which 19 have already gone on stream.
Read More »Statoil Comes Up Empty Handed in Barents Sea
Korpfjell is the fourth well that Statoil has drilled in its 2017 exploration campaign in the Barents Sea. which has been fairly disappointing so far.
Read More »Iran Will Export Gas to Basra Soon
Iran (34 trillion cubic meters) and Russia (32.6 tcm) hold the largest proven gas reserves.
Read More »Oman. Largest Non-OPEC Producer in Mideast
The greatest growth potential for Oman’s natural gas production is in the Khazzan-Makarem field in BP’s Block 61.
Read More »Gas Condensates Exports from South Pars Rise by Over 30 Percent
Volume of Iran’s gas recovery from South Pars stood at 285 million cubic meters in 2013 while the figure has climbed to 540 million cubic meters thanks to implementation of 11 new phases.
Read More »China. World`s Third Largest Shale Gas Producer
China has become the world'.s third largest shale gas producer behind the United States and Canada.
Read More »Foreign Countries in Talks to Develop Farzad-B Gas Field
In the meantime. other foreign companies are welcome to discuss their interest in the gas field.
Read More »Baker Hughes Reports 6 Drilling Rigs Taken Offline
The rig count now stands at 940 overall. with four oil rigs and two natural gas rigs removed.
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