Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate.
Read More »Statoil Vies for a Stake in Abu Dhabi`s Offshore Oil
Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.
Read More »Iran to Install New Platform at Joint Oilfield with Saudi Arabia
Iran'.s share in total reserves of the field is about 11 percent. Foroozan contains 3.432 billion barrels of in-situ oil reserves.
Read More »Saudi Arabia: keeping the lid on
The recent arrests of around 30 clerics and intellectuals show that the king-in-waiting won’t tolerate dissent.
Read More »India in Talks to Acquire 20 Percent of UAE Oilfield
India imports oil to meet most of its growing energy demand.
Read More »Bahrain: Oil will Keep Gulf Region Vital Globally
Oil will remain the most important commodity in the world.
Read More »OPEC`s Rebalancing Strategy Shifts as US Oil Imports Drop
The global oversupply and competition from US Shale are persistently challenging the oil cartel'.s plans.
Read More »Saudi to Increase Oil Prices by 80%
Further delays to cuts in government subsidies will not come as a surprise as security officials in the country deal with low level unrest.
Read More »Why Aramco Delayed Its IPO?
Without MBS as captain of the Vision 2030. there will be no Vision 2030.
Read More »Why Aramco Delayed Its IPO?
Without MBS as captain of the Vision 2030. there will be no Vision 2030.
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