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Iran hopes to sign $15bn worth key upstream deals by March 2018 A total of 75 oil and gas field development proposals are expected to be presented to the state-owned NIOC, almost two dozen of which have been submitted so far.

Iran hopes to sign $15bn worth key upstream deals by March 2018

Negotiations for the development of Phase 11 of South Pars, Azadegan oilfield and South Pars oil layer are in an advanced stage, with major IOCs bidding for the deals, state-owned NIOC's MD says

 •   Iran signs Farzad B gas field deal with Russia's Gazprom: Report
 •   Spain to support firms seeking presence in Iran's petrochemical industry


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McDermott completes installation of first jacket on Aramco project

McDermott completes installation of first jacket on Aramco project

The Safaniya 264 jacket has been installed in the Safaniya offshore oilfield, located 200km north of Dhahran in the Gulf's waters, by McDermott's Derrick Barge 32 vessel
 
Aramco launches $1bn project tender for world's largest offshore oilfield

Aramco launches $1bn project tender for world's largest offshore oilfield

Bids for the engineering, procurement, construction and installation (EPCI) contract on the sixth phase of redevelopment of Safaniya, are due by the end of June from Aramco's pool of partner contractors
 
Italy's Eni to explore offshore block in Oman

Italy's Eni to explore offshore block in Oman

Italian major has signed an MoU with state-owned Oman Oil Co to explore the Sultanate’s only offshore block for oil and gas reserves, in partnership with OOC subsidiary Oman Oil Company for Exploration & Production (OOCEP)
 
Iran signs Farzad B gas field deal with Russia's Gazprom: Report

Iran signs Farzad B gas field deal with Russia's Gazprom: Report

In a major setback for India, Iran has signed a basic agreement with Russia's state-owned energy giant Gazprom for development of offshore gas field discovered by Indian consortium led by OVL
 

 

Eni launches major $8bn gas project in Mozambique

Eni launches major $8bn gas project in Mozambique

Once built, the floating LNG plant on Coral South, will have a capacity of about 3.4mn tonnes a year and will draw gas from the Rovuma Basin, where Eni made its first major Mozambique find in 2011
 
Topaz Energy and Marine Q1 2017 revenue falls by 25%

Topaz Energy and Marine Q1 2017 revenue falls by 25%

CEO of Dubai-based offshore support vessels provider says financial performance "stable" if compared to challenging economic conditions prevailing in the market
 
NPCC wins major Aramco contract for 4 offshore platforms and pipelines

NPCC wins major Aramco contract for 4 offshore platforms and pipelines

NPCC is to supply four offshore platforms and associated submarine pipelines, cables and tie -ins for Saudi Aramco's Al Safaniya, Zuluf and Berri oilfields
 
Iran bars IOOC from working on gas field shared with Saudi and Kuwait

Iran bars IOOC from working on gas field shared with Saudi and Kuwait

The work stoppage has been called amid a dispute over geographical borders that still needs to be settled, with Iran banning all activity on Iran's side of the field
 
Qatar seeks coordination with Iran on shared field

Qatar seeks coordination with Iran on shared field

Qatari officials have called for establishing a joint technical committee to coordinate on the volume of gas production from the South Pars gas field: Iran's Oil Minister
 
TechnipFMC, ZADCO ink pact for SRP in Abu Dhabi

TechnipFMC, ZADCO ink pact for SRP in Abu Dhabi

The objective of the EPC3 project is the installation of a sulphate reduction plant module along with new installations and tie-in to existing facilities in West Island.
 
BV gets Noble Energy deal off Mediterranean coast

BV gets Noble Energy deal off Mediterranean coast

Bureau Veritas will be focused on the review and verification of the design / engineering, fabrication, installation and commissioning of the safety critical elements of the project.
 
Petrofac lifts Iraq presence by $70mn in new deals

Petrofac lifts Iraq presence by $70mn in new deals

Petrofac has been providing services in Iraq since 2010 and has developed a significant track record for helping its clients to unlock value from their onshore and offshore operations.
 
Iran launches projects in Gulf to raise gas output

Iran launches projects in Gulf to raise gas output

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
 
South Pars deal with Total to be signed soon: NIOC

South Pars deal with Total to be signed soon: NIOC

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
 
Emerson donates reservoir software to universities

Emerson donates reservoir software to universities

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.
 




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