Tag Archives: Oil Fields

13 new oil and gas fields have been discovered which contain 6.5 billion barrels of oil and about 62 trillion cubic feet of gas.

.Iran is transferring its experiences to Iraq. Syria and other countries by sending military advisors to these countries

Saudi Arabia’s output cuts are just the beginning of a trend that is expected to last for months and years to come.

Oil will trade at $55 to $60 a barrel this year and Kuwait is assuming a $45 price in its budget for fiscal year 2017-18.

The NIDC owns 75 light. heavy and ultra-heavy onshore and offshore drilling rigs.

The output of the new plant will be produced from associated gas.

French energy major Total S.A.. Anglo-Dutch major Royal Dutch Shell and Japan'.s Inpex are in the race for developing the Azadegan Oilfield.

Iran is now producing over 300.000 barrels of oil from the fields.

Italy’s oil and gas giant Saipem has also signed a MoU with Iran for developing the gas field.

The second agreement had been signed between private sectors of the two neighboring countries in other areas of oil industry.