Tag Archives: Offshore

Ghawar in Saudi Arabia is the world'.s largest conventional oil field.

China and the United States are moving closer to a final trade deal after months of tough negotiations.

The Trump administration is seeking to sign contracts leasing new coastal waters for oil drilling under favorable terms.

About 152.000 barrels day of gas condensates will be produced from the South Pars expansion.

OPEC members agreed to trim 800.000 barrels a day from October’s production levels for six months through June of this year.

Iran’s daily gas production from the field now exceeds that of Qatar.

Soft and volatile crude prices at the start of 2019 led most companies to cut capital investment budgets.

Avenir LNG signed the contract for the two LNG bunker vessels (LNGBV) in Q4 2018.

This global growth was largely fueled by just one country - China.

Saudi Arabia alone is spearheading three massive new projects offshore.