Iran is re-appraising an offshore oil field that India's Oil and Natural Gas Corporation (ONGC) had abandoned as commercially non-viable, the semi-official Mehr news agency reported Wednesday. "The project is at the stage of processing ...
Chevron is "in discussions" with Venezuela about adding opportunities to invest in that country following the recent death of its controversial populist President Hugo Chavez, Chevron CEO John Watson said Tuesday. But Watson told ...
Tags: Chevron, oil projects, oil field
The latest data of the U.S. Energy Department (EIA) showed, supported by rich shale oil field production, U.S. crude oil production has reached the highest level in the nearly 20 years. The mature shale technology helped the United States ...
Tags: United States, liquid fuels, energy
The UK's Buzzard oil field contributed only 16% of Forties blend output in the week of February 18-24, down from 33% the previous week, BP data showed Friday. This is the lowest contribution of Buzzard to Forties seen so far in 2013, ...
Tags: Buzzard oil field, BP data, UK
The UK government Friday gave its consent to Norway's Statoil to go ahead with the $7 billion Mariner oil field development which is set to be the UK's biggest new North Sea project in more than a decade. Statoil took the final ...
The Missan Oil Company (MOC) has announced the completion of the exploratory oil well in the Deema-1 [Dima-1] formation. Oil Minister Abdul Kareem Luaibi [Elaibi] said that the Deema oil field, which is located in Maysan governorate, was ...
Tags: Missan Oil, oil well, oil
Missan Oil Company has announced that the US company Weatherford has successfully completed an oil well at the Bazargan field. It has also rehabilitated another well in the same field, and one at the Faqa oil field. According to a ...
Tags: Missan Oil Company, Weatherford, oil well
Underlining its commitment to help strengthen Iraq’s energy infrastructure, GE Oil & Gas has established a new technology and service center near Basra City. The facility, which was opened earlier this month, brings the latest GE ...
Tags: Oil Production, GE, Oil, Gas
WesternZagros Resources has announced a fourfold increase in the Company’s contingent resource estimates at the giant oil discovery on the Kurdamir Block in the Kurdistan Region of Iraq. Shares closed up 2.7 percent on Monday, but ...
Tags: WesternZagros Resources, fourfold increase, contingent resource
Iraq and the Russian state oil producer Gazprom Neft have awarded an $879 million contract to South Korea’s Samsung Group to develop the Badra oil field in eastern Iraq. Samsung will design and build phase two of a central ...
Tags: Samsung, Badra Deal, Iraq
UK-based IGas Energy has successfully completed a share placing announced earlier Tuesday. A total of 24,330,730 new ordinary shares were sold at the placing price of GBP0.95 ($1.52) with new and existing institutional investors, it said in ...
Tags: IGas Energy, energy, company news
Iraq’s State Oil Marketing Organization (SOMO) has issued a statement suggesting it will take legal action against companies exporting crude oil without dealing with the central government, including the confiscation of cargoes and ...
Tags: Iraq, crude oil, oil exports, Oil Marketing Company
The Iraqi cabinet has expelled Turkey’s state-owned Turkiye Petrolleri AO (TPAO) from the consortium that was granted the rights to explore energy block 9, and has asked Kuwait Energy to take over the shareholding. Abdul Mahdi Al ...
Tags: Iraqi cabinet, Turkey, TPAO, Kuwait Energy
Amarinth, a leading company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to Oil & Gas, petrochemical, chemical and industrial markets, has won its first order in Iraq to supply 12 API ...
Tags: Amarinth, Oil, Gas, petrochemical, chemical, industrial markets
Centrifugal pump manufacturer Amarinth has won its first order in Iraq. Amarinth will supply 12 API 610 OH2 A-Series pumps for the produced water treatment package for the Zubair Initial Production Facility in Basra in southern Iraq. ...
Tags: Amarinth, pump, Iraq, company news