Tag Archives: Onshore

Japan’s biggest exploration and production company. Inpex. will consider bidding in the tender to develop Iran’s Azadegan oil field.

The pain for OPEC will increase to such a point that 100% compliance is unrealistic.

The project is expected to produce approximately 8.9 million tons of LNG and approximately 1.6 million tons of LPG per year.

We need to shift our focus to speeding up the development of shared oil and gas fields.

POGC is also collaborating with an unnamed French company to offset the natural decline in South Pars extraction rate .

The company will allocate $1 billion to expand the fields in the first phase and if required.

During the first quarter of 2017. implementation of the Shah Deniz Stage 2 project continued successfully.

POGC also planned to develop Farzad A. Farzad B. Golshan and Ferdowsi oil fields in the near future.

The Ashgabat government is trying to diversify exports by discussing the Trans-Caspian link to Europe.

Exploration and production firms are still adding drilling rigs at an average of almost 10 per week.