Picture for illustrative purpose only.
Vessel will be delivered by Ocean Yield ASA to Sabic's Houston base in December
President Hassan Rouhani has recently inaugurated five new projects, which officials said would put Iran on an equal footing with Qatar in exploiting the shared offshore gas field
In November, Total signed a preliminary agreement, worth $4.8bn, as the head of an energy consortium to develop Phase 11 of the giant South Pars field in the Gulf's waters that Iran shares with Qatar
The software donation will enable petroleum engineering students at GEU and MIT to access the latest software modules relating to seismic interpretation, well log interpretation and correlation, mapping and geomodelling, and gridding.
Wisam Chbat, chairman of the Lebanese Petroleum Administration, has provided details of the government's efforts to structure and develop the nascent oil and gas industry, in an interview to the organisers of the Lebanon International Oil and Gas Summit
Qatar Petroleum (QP) and ExxonMobil will start drilling for oil and gas off the southern coast of Cyprus in 2018
The development in the southern section of the North Field will have a capacity of 2bn cubic feet per day, or 400,000 barrels of oil equivalent, and increase production of the field by about 10%, when it starts production in five to seven years: QP CEO
Eni and Total are in a consortium for one of the blocks, while ExxonMobil and Qatar have joined up for another. Eni will be on its own in a third block
The challenges and the road ahead for companies investing in Lebanon's oil and gas industry will also be deliberated upon during the 3rd edition of the Lebanon International Oil & Gas (LIOG) Summit on the 9th and 10th of May in Beirut
In a three-hour long rescue operation, the team set the 1.5m long marine mammal free after the fishing net, with multiple attached floats, had become entangled around the Dugong's tail, preventing it from diving and grazing on sea grasses
Sitting empty off the UAE port of Fujairah, a busy anchorage point on the Gulf of Oman, the tanker was struck by the Jag Laadki operated by India's Great Eastern Shipping Company
Total was in the running for a stake in Iran's LNG, alongside several other oil majors, but any deal was still some way off, Reuters’ sources confirmed
With lower oil prices forcing the company to focus on developing mature wells in the Sahara Desert, offshore rigs could open up new growth opportunities
After Israel expressed concern over three of the five maritime blocks 8, 9 and 10 due to their proximity to its maritime borders, Lebanon's Army asked UNIFIL to demarcate the two countries' maritime borders as they did with the Blue Line.
QP announced that Total will soon take over operations of Al-Shaheen, whose supplies have become erratic since late last year with exports falling in September-October and January due to maintenance work
PetroSaudi International, the parent company of PetroSaudi Oil Services Ltd, did not immediately respond to a request for comment, according to Reuters