Japan is the world'.s top importer of liquefied natural gas (LNG).
Read More »NIDC Drills 725 Wells under Rouhani Admin
NIDC owns 75 offshore and land drilling rigs and is touted as the Middle East'.s biggest drilling company.
Read More »Iran to Boost Oil Production in Joint Oilfield
Two platforms are supposed to be installed in this field by Iran soon.
Read More »Gazprom Soon to Be Ready to Start Laying Pipes of Turkish Stream
Putin earlier ordered Gazprom to start laying pipes on sea stretch of Turkish Stream.
Read More »U.S. Crude Production is Surging. Complicating OPEC’s Efforts to Rebalance the Oil Market
Exploration and production firms are still adding drilling rigs at an average of almost 10 per week.
Read More »Norway`s Statoil Interested in Algerian Offshore. Renewables
Algeria will announce shortly a major solar project of 4.000 Megawatts as part of its renewable energy development.
Read More »Baker Hughes Claims to Have Cut Millions of Dollars off Deepwater Fracking Costs
Baker Hughes have built a new deepwater fracturing tool that it claims can save companies “hundreds of millions of dollars”. The American-based oil service firm announced the new tool. DEEPFRAC. which eliminates certain steps of offshore fracturing operations and induces rapid stimulation of over 20 stages. On a recent job …
Read More »US Shale Oil Alone Cannot Meet the World`s Growing Demand for Crude
Many environmentalists and Democrats counter that Obama-era measures were critical to reducing America'.s contribution to climate change.
Read More »Baker Hughes Introduces Multi-Stage Fracturing Service for Deep Water
Conventional offshore stimulation systems are often limited to only five zones or ‘stages’ and these systems lack configuration flexibility.
Read More »BP Says 1 Billion Additional Barrels `Possible` in Gulf of Mexico Hubs
BP plans to apply the technology to other fields in Azerbaijan. Angola. and Trinidad and Tobago.
Read More »