Tag Archives: Onshore

The IOEC signed an initial agreement with the NIOC to explore oil and gas in block Bamdad in the Persian Gulf. the Ministry of Petroleum’s news outlet disclosed today.

Rig counts have fallen sharply over the past year. down more than 20 percent from late 2018.

The move will save around 2.000 jobs at the insolvent turbine manufacturer.

Offshore wind is tipped to add 43GW to reach a cumulative 65GW in 2024.

The three new orders to undisclosed customers will provide enough clean. reliable and affordable electricity to supply more than 900.000 households.

WindEurope warns if national plans are unambitious and permitting issues persist. only 67GW of new wind capacity will be installed by 2023.

Qatar is expanding the North Field in its drive to boost gas output to 110 million tons per year by 2024 from about 77 million currently.

They will be guaranteed green electricity by developer Statkraft. which will issue certificates that match the output of the wind farms.

Iran has ended cooperation with the Chinese CNPC company after lagging in completion of the development of the phase 11 of South Pars oil and gas field. Oil Minister Bijan Namdar Zanganeh announced.

Iran is building an onshore oil pipeline worth US$1.8 billion to a terminal just outside the Strait of Hormuz. the most critical oil chokepoint in the world.