Tag Archives: Onshore

Domestic natural gas production in 2017-2018 grew by 2.35 % to 32.64 bcm as compared to the year ago period.

Brazil will receive bids for blocks at its coveted presalt region in June and Mexico plans to announce results in September from two onshore rounds.

The deals conclude ADNOC Offshore'.s round of concession stake awards. raising the total value close to $8bn.

BP signed a major exploration deal in Libya in 2007 but put its onshore plans on hold in 2014 because of security concerns.

Azar holds 2.5 billion barrels of in-place oil. but new reservoir studies on the field suggest a much higher figure of 4 billion barrels.

Phase 14 is expected to become fully operational by the end of the current fiscal year.

Norwegian firms are expanding their foothold in Iran'.s lucrative and untapped energy market gradually.

In February last year. Tehran and Muscat signed a preliminary agreement on the pipeline project that is estimated to cost $1.2 billion.

ADNOC is to maintain a 60 percent share during the production phase. he said at a news event in Abu Dhabi to announce the bidding round.

There are five international companies that are competing to win the project.