Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Additional costs brought on by a no-deal Brexit would harm the region’s oilfield services exporters.
Read More »Brexit Could Be Damaging to North-East Oil Companies
Lukoil Completes Drilling of First Caspian Sea Production Well
Lukoil commenced commercial production at the field in 2010 and the development was carried out in two stages.
Read More »Lukoil will Invest in Caspian Sea
The anticipated annual oil production plateau is 1.2 million tonnes and the commercial production is slated to commence in 2023.
Read More »Iran’s Production Rise Lowers Oil Prices
OPEC member Iran revealed plans to ramp-up production by at least 700.000bpd within the next four years.
Read More »Oil Prices Increase Amid Fall in US Crude Stocks
Oil markets have increased on the back of a fourth consecutive weekly fall in US crude inventories.
Read More »Statoil and Eni Hire Bristow Helicopters for Offshore Operations
These long-term contracts mean that Hammerfest will be an important helicopter base for us for many years to come.
Read More »BP Launches New Vessel for Shah Deniz Stage 2 Project
BP stated that the crane is capable of placing 750t subsea structures as far as 600m below sea level.
Read More »Statoil Starts Drilling on the Verbier Prospect. UK North Sea
JOG and CIECO hold 18% and 12% interest in the P.2170 Licence respectively.
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