Tag Archives: Offshore

The average daily swap was 90.000 bpd in 2009. which Iran planned to raise to 300.000 by 2015.

Tiny Kuwait. an OPEC member nation. has the world'.s six-largest estimated oil reserves.

Officials say the partnership of domestic companies with oil majors will gradually enhance the technical and managerial know-how of Iranian firms.

The company moved about 80 percent of the crude it pumps from its 44.000-45.000 barrels per day field through the swap deal.

Investigators found that a gas detection system. which formed part of the current fire and gas detection assessment. had never been installed.

This is a key milestone on the path to a final investment decision for our initial two-train LNG project.

The project’s first phase includes initial production of NGLs. including condensate and LPG. Dry gas will be exported during the second phase of the project.

East Anglia Three will be located 69 kilometres off the coast of Norfolk and it will supply energy to around one million homes.

In recent months. onshore U.S. oil producers have seen oil field service costs rise with the increase in drilling activity in places like West Texas and Oklahoma.

The U.S. rig count is up 490 rigs from this time last year when it stood at 464. according to Baker Hughes.