Bangladesh could join the Iran-Pakistan-India (IPI) gas pipeline for importing gas to meet the growing domestic demand, Bangladeshi Finance Minister Abul Maal Abdul Muhith said. “If the IPI pipeline is extended up to India, then we can also think of it,” said the minister. He also stated that it is
Marine-1 drilling rig is set to start drilling 12 wells in phase 20 of the South Pars gas field after completing its operations in the oil layer of the field, Managing-Director of the International Drilling Company Pourya Pornouri said. “The Marine-1 drilling rig should drill 12 wells in Phase 20 of
1) Wood Group Kenny Secures Bonaparte FLNG Contract, Australia GDF SUEZ Bonaparte, a subsidiary of French energy giant GDF SUEZ, operator of the Bonaparte LNG project has awarded WGK a contract for a (pre-FEED) subsea concept definition study for the Bonaparte LNG project. 2) Zeus: Fifty Mobile Fuel
Delek Drilling and Avner Oil Exploration announced the discovery of indicators of petroleum at “Karish 1” in the license area of Alon C/366 off Haifa, Israel. The companies said in a statement that the Karish 1 Well has reached a final depth of 4,790 meters below sea level (including the depth of th
Qatar Chamber and Hungarian Chamber of Commerce and Industry signed a memorandum of understanding (MoU) to strengthen economic ties, in Doha, on Sunday. The MoU was signed by Qatar Chamber Vice- Chairman Mohammed bin Ahmed bin Towar and Hungarian Chamber of Commerce and Industry Vice-President Feren
Iran’s revenue from natural gas exports is expected to surpass $10 billion per year, said Iran’s Deputy Oil Minister Javad Owji. Owji said that Iran would increase its gas exports to nearly 100 million cubic meters per day by the next year, Mehr news agency reported. “It is anticipated that with the
Under the patronage of Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry, the 26th meeting of the GCC Oil & Gas Companies Supply Chain Committee (GCCSC) was held at The Ritz-Carlton Doha on May 8-9, 2013 under the auspices of the Corporate Purchasing & Contracts Department of Qatar Pet
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announced its financial results for the first quarter ended 31 March 2013 with a net profit after tax of AED 241 million (US$ 66 million), an increase of 17% as compared to AED 206 million (US$56 million) in Q1 201
The government of Bangladesh has sought extension of time of the memorandum of understanding (MoU) with Qatar by two more years to import LNG, The Financial Express reported, citing the Additional Secretary of the Energy Division under the MoPEMR Mohammed Abu Taher as saying. “We have proposed to Qa
During the current Iranian calendar year, which started on March 21, 2013, an investment of about $30 billion is planned for Iran’s South Pars gas field, the National Iranian Oil Company managing director (NIOC) stated. “The daily gas production capacity will increase by 100 million cubic meters (mc
Managing director of National Iranian Oil Company (NIOC) said that the daily production capacity of gas condensate and gas liquids will rise by 120 thousand barrels per day this year, hitting 650 thousand barrels per day, after launching new phases of South Pars gas field. Speaking to Shana, Ahmad Q
South Korea’s Pyeongtaek LNG terminal is due to get a cargo of liquefied natural gas from Qatar on May 23, according to shipping data. The 135,000 cbm Hyundai Technopia departed from Ras Laffan in Qatar on Wednesday. The Pyeongtaek LNG terminal is South Korea’s first LNG import terminal and it is op
Eni has made a new gas discovery in the Sukhpur Block located in the Kirthar Fold Belt, onshore Pakistan, 270 kilometers north of Karachi, Sindh Province. The Lundali-1 NFW exploratory well, which led to the discovery, was drilled to a total depth of 2,660 meters and encountered gas bearing sands in
On Sunday in the city of Amman, and in the presence of the Ambassador of Kuwait to the Hashemite Kingdom of Jordan, Dr. Hamad AI-Duaij, two projects agreements were signed for the financing of the New LNG Port in Aqaba and the Wind Farm Generation Project in Maan District, within the framework of th
