Tag Archives: Production

New exploration acreage promotes long-term activity. value creation and profitable employment in the petroleum industry across the country.

The Ichthys LNG Project incorporates some of the world’s largest and most advanced offshore facilities with a continuous operating life of 40 years.

Japan has cut back on LNG imports two years in a row.

The South Pars oil layer is located 130 kilometers off Iran'.s coast in the Persian Gulf with an estimated 7 billion barrels of oil in place.

The second and third Bushehr reactors. which are estimated to cost upwards of $10 billion. are scheduled for launch in 2024 and 2026 respectively.

The slide in oil prices continues as markets remain sceptical of OPEC´s ability to balance supplies.

Over 350 chiefs of oil and gas companies of Russia. Europe and Asia will take part in the second East Russia Oil and Gas Forum.

Panasonic Corp sees the future of solar on car rooftops.

Over the past two years. Vestas has bought German service provider Availon for €88 million ($98 million) and UpWind in the U.S. for $60 million.

The HEAL System has consistently achieved productivity increases of more than 30% to over 100% in typical horizontal wells across Western Canada and the United States.