Tag Archives: Production

That marked only the second time the weekly oil-rig count fell this year. Oil-rig numbers had climbed for 23 weeks in a row.

In the time since the nuclear deal. Iran has seen success in other business ventures.

Iran’s daily production of crude oil surpassed 3.9 million barrels last month.

Qatar is the world’s biggest producer of Liquefied Natural Gas (LNG). Qatar’s current production is up to 77 million tons per year.

An estimated $2 billion in projects are underway to expand the natural gas network to 46 small towns and 5.000 villages by the end of the current fiscal year.

This contract will send a strong political message to the world especially at the time that the Americans have adopted a confrontational course (against Iran).

The deal includes 30 wells and two production units.

Total and the National Iranian Oil Company (NIOC) signed a deal to develop phase of 11 of South Pars. which is the world'.s largest gas field.

LNG imports could also ease trade tensions between South Korea and President Donald Trump. The U.S. ran a $17 billion trade deficit in goods and services with South Korea in 2016.

For more than 65 years. Qatar has spared no effort to achieve its goal of becoming a reliable energy supplier.