Tag Archives: World Oil

The parties have agreed upon the main principles of Rosneft’s participation in projects in the Islamic Republic of Iran and approved the path forward plan.

The block was offered as part of Brazil'.s 3rd production sharing bidding round.

The cartel and its allies. which together control more than half the world’s oil output.

The Asian nation’s imports of Russian crude jumped 61% to a record 6.35 million metric tons in September from a year earlier.

Conventional ball valves tend to become larger in size and weight as oil and gas companies explore harsher environments.

Schlumberger has announced the release of its GROVE IST integrated seat technology ball valve.

Halliburton has announced the release of the BaraShale Lite Fluid System. a high performance water-based fluid designed to maintain full salt saturation with reduced density.

For the purposes of the memorandum. LUKOIL-Engineering and NIOC will set up exchange of data necessary to study the areas. and establish a joint working group.

Rosneft and Kurdistan Regional Government are negotiating implementation of the project for construction of gas pipeline system on a fast track basis.

Recent years have seen advances in drilling equipment and practices that have enabled operators to significantly increase energy and drilling speed to reduce costs.