The Permian Basin of west Texas and New Mexico has seen the predominant boost in U.S. activity.
Read More »Saudi Aramco Partners with Hyundai. Lamprell and Bahri to Build GCC`s Biggest Shipyard
The deal will develop a world-class maritime yard within the King Salman International Complex.
Read More »SOCAR Seeks Cooperation in Caspian Joint Projects
The Caspian region is one of the oldest oil-producing areas in the world and is an increasingly important source of global energy production.
Read More »Iran Seeks 5.3 Bcf d of Additional Natural Gas Production from South Pars Phases 17-21
Iran holds the world'.s second largest gas reserves after Russia. but currently consumes almost all the gas it produces.
Read More »World`s Largest Semi-Sub Platform Arrives in Australia
The project is expected to produce approximately 8.9 million tons of LNG and approximately 1.6 million tons of LPG per year.
Read More »Rising Efforts for Joint Fields` Development
We need to shift our focus to speeding up the development of shared oil and gas fields.
Read More »South Pars Gas Completion Needs $30b
POGC is also collaborating with an unnamed French company to offset the natural decline in South Pars extraction rate .
Read More »Shell Will Test Energy-Generating Kites This Summer
Power-generating kites backed by Royal Dutch Shell Plc. Schlumberger Ltd. and EON SE will start tests in the U.K. this summer. with the aim of developing a technology that could eventually replace offshore wind turbines. Kite Power Systems. known as KPS. is working on a 17-meter device that flies on …
Read More »Iran Needs Major Offshore Investment
Iran needs major investments in its offshore oil and gas sectors.
Read More »China`s Oil Giants Commit to Investment Boost
Sinopec said it'.s moving forward with 110 billion yuan in new spending this year.
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