Tag Archives: Offshore

These long-term contracts mean that Hammerfest will be an important helicopter base for us for many years to come.

Lebanon is seeking to develop its energy assets after lagging behind Cyprus. Egypt and Israel in exploring for oil and natural gas in the eastern Mediterranean.

South Pars is a joint gas field shared by Iran and Qatar. The section of the field lying in the Qatari territory is called the North Dome.

In fiscal 2016-17. gas production from South Pars increased to 520 mcm d. up more than 150 mcm d compared with the previous year.

The European Union has set itself a target of 100 gigawatts of energy that must be created within the trading bloc from marine resources by 2050.

The development of Phase 13 involves drilling 38 production wells.

NIOC plans to employ enhanced oil recovery methods to boost the extraction rate in fields by 35%.

Qatar. OPEC’s fourth-smallest producer. pumped 610.000 barrels of crude a day in August compared with more than 700.000 barrels daily in 2014.

In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.

Recent exploration over the past two years has more than doubled the field’s estimated reserves to about 813 million boe.