Picture for illustrative purpose only.
Vessel will be delivered by Ocean Yield ASA to Sabic's Houston base in December
Russian Energy Minister Alexander Novak expects the deal to be reached "within weeks"
Incidents like oil and gas leaks, fire and gas explosion are very common in the oil and gas industry.
Iran has over 20 projects in South Pars. More than a dozen phases have come into stream; several will be fully developed soon
Dana Gas became the first UAE entity to fail to repay a bond on time in 2012, a default that eventually led to a consensual bond restructuring which some analysts described as a sign of growing sophistication in the region's debt market
The two sides agreed to establish a joint committee to follow up on the taken decisions and agreements
Bijan Zanganeh said that a contract was still being pursued with Total but noted recent comments from the chief executive of the French company indicated it was awaiting feedback from the United States
The deal with Libya NOC was announced as Rosneft said it had signed a deal to pre-finance crude exports from Kurdistan, becoming the first major oil firm to make such an agreement with the semi-autonomous Iraqi region.
Announcement of awarding the remaining 4% stake of the ADCO concession to China's CEFC for $888mn comes a day after ADNOC said it had sold 8% of the share to Chinese giant CNPC
The increased estimate is the result of appraisals and exploration carried out at seven oilfields in central and southern Iraq
CNPC joins BP of the UK (10%), Total of France (10%), Inpex Corporation of Japan (5%), and GS Energy of South Korea (3%) as participants in the onshore concession and shareholders of ADCO
The Petroleum and Chemical Industry Conference (PCIC) Middle East was launched in Abu Dhabi in 2012 as a regional sister event to PCIC Europe.
Iranian senior official said exploration was also being carried out for shale gas reserves in the area, and the studies were expected to be completed by October 2017
Aramco's oil pipeline leak causes one death and three injuries
State-owned company to explore partnerships with service firms at event in Algeria in March as it aims to reach 1.2mn bpd by year-end
The court ordered the KRG to pay $121mn to the claimants for condensate and liquefied petroleum gas lifted by or on behalf of the KRG between 2015 and 2016