Tag Archives: Onshore

.Iran should be part of our supply chain

Lukoil signed several memorandum of understanding with NIOC last year.

we have signed around €10 billion ($10.7 billion) worth of agreements with German. Russian. Chinese. South Korean and Turkish companies.

SOCAR produced 6.27 billion cubic meters of gas from the country’s offshore and onshore fields using its own funds in 2016.

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.

Under the contract. the company will supply compressor trains each comprising a Siemens STC-SV vertical split compressor for the processing plants.

This is Siemens'. first huge oil and gas order since the easing of sanctions in January 2016.

Petropars Limited and Petropars Iran are responsible for onshore installations and drilling operations.

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

The world’s largest oilfield service provider sees international spending picking up in the second half of the year and into 2018.