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Iran's gas exports rise more than 50% in past five months Since late March, Iran exported 34.8 mcm of gas per day, compared with 21.3 mcm per day during the equivalent period last year.

Iran's gas exports rise more than 50% in past five months

In the five months since late March, the start of the Iranian year, exports exceeded 5bcm, compared with 3.2 bcm last year

 •   Iran fetches $3.5bn from petrochemical exports in four months
 •   Iran's Mahabad Petrochemical plant exports 90kt petrochemicals in four months
 •   Iran begins exporting gas to Iraq: Report


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Kuwait's KUFPEC to buy further 15% of Norway oilfield from Total

Kuwait's KUFPEC to buy further 15% of Norway oilfield from Total

State-owned KUFPEC will buy the additional stake from the French energy giant for $317mn
 
Iran says in talks with both India, Russia for Farzad-B

Iran says in talks with both India, Russia for Farzad-B

Local media report quotes Iran's Deputy Oil Minister Ali Kardor as saying that Tehran is willing to award the contract to develop the offshore gas field to "foreign firms", if they "offer acceptable technical and financial proposals"
 
Abu Dhabi Ports-owned Fujairah Terminals gets first vessel call

Abu Dhabi Ports-owned Fujairah Terminals gets first vessel call

Dubai Alliance is the first ship to arrive at the terminal, which is wholly owned by Abu Dhabi Ports
 
Aramco awards key contract for Ras Al Khair maritime complex

Aramco awards key contract for Ras Al Khair maritime complex

The oil giant has awarded the contract for dredging, reclamation and marine structures to a consortium comprising Saudi Archirodon Co and Huta Hegerfeld AG Saudia Co
 

 

ADNOC in 'advanced discussions' for ADMA-OPCO concession renewal

ADNOC in 'advanced discussions' for ADMA-OPCO concession renewal

The existing offshore acreage operated by ADNOC Group company ADMA-OPCO, which is up for renewal in March 2018, will be split into two, or more, concessions with new terms to unlock greater value and increase partnership opportunities
 
Not obligated to award India Farzad B gas field: Iran

Not obligated to award India Farzad B gas field: Iran

This development comes after India said it's willing to invest nearly $11bn to develop the gas field, which was discovered by a consortium of Indian companies
 
TAQA awards Schlumberger EPCIC contract for UK North Sea oilfield

TAQA awards Schlumberger EPCIC contract for UK North Sea oilfield

Schlumberger subsidiary OneSubsea wins deal from Abu Dhabi-based E&P company to provide offshore engineering and support mechanisms to Otter offshore oilfield
 
Bahrain LNG wins key award for finance deal

Bahrain LNG wins key award for finance deal

The 'Middle East ECA Finance Deal of the Year' was presented during a gala dinner ceremony at the 2017 Venice Global Borrowers' Summit held recently in Venice, Italy
 
Marsol signs two-year contract with Omani E&P company

Marsol signs two-year contract with Omani E&P company

UAE-based Marsol International will provide services for the management of marine and offshore activities to the Oman Oil Company Exploration & Production LLC (OOCEP)
 
Iran signs massive deal with Total, CNPC for $5bn gas project

Iran signs massive deal with Total, CNPC for $5bn gas project

French oil giant Total and China's state major CNPC sign first IPC agreement with Iranian state oil company NIOC’s subsidiary Petropars to develop phase 11 of the mega South Pars gas field in offshore Gulf
 
India gives Iran $11bn 'best offer' to develop giant gas field

India gives Iran $11bn 'best offer' to develop giant gas field

OVL-led Indian consortium has offered to invest as much as $6bn on the Farzad-B field and spend the remaining amount to build an LNG export facility
 
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
 
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
 
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
 
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
 




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