Tag Archives: Offshore

South Pars is estimated to contain over six billion barrels of crude oil with the recovery rate of 10 percent.

The IEA estimates that the wave of energy digitalization could lower the cost of production by 10 to 20 percent.

Over 800 tankers and vessels of all sizes berthed at the terminal in the last fiscal. up from 540 in the previous year. or around 33%.

Venezuela injects most of the natural gas it produces back into oilfields to help maintain pressure and crude output.

Iran needs to expand power generating capacity by 5.000 MW annually. or 20.000 MW in four years.

BP wants to acquire a 30 per cent stake in the SNE field that Edinburgh-based Cairn found in 2014.

Project activities continue at offshore and onshore sites including the Sangachal Terminal and along the pipeline route.

Egypt and Cyprus have in the last three years aimed at forging closer ties as part of a relationship built largely on energy cooperation.

World’s Largest Fund to Dump Oil Investments. Invest Away From Oil.

The Norwegian government supports R&.D with financial incentives.