A new gas field containing around 495 billion cubic meters of natural gas worth $133 billion has been discovered in eastern part of the Assaluyeh, managing director of the National Iranian Oil Company (NIOC), Ahmad Qalebani announced. He went on to say that, over 80 percent of the new gas field rese
Iran’s gas production from the South Pars gas field in the Persian Gulf waters rose by 17 million cubic meters by starting gas draw from six new wells of the giant gas field’s phase 10, managing director of the Pars Oil and Gas Company (POGC), Mousa Souri said. He went on to say that gas […]
The production of Liquefied Petroleum Gas (LPG) in Iran has jumped by 54 percent in the first four months of the current Iranian year which… (presstv) [mappress] Source: presstv, August 8, 2011;
In occasion of the seventh edition of the Gas Arabia Summit, the Gas Processors Association – GCC Chapter (GPA GCC) and The Energy Exchange have established a strategic partnership to address critical gas related challenges. The Chairman of GPA GCC and Vice President Southern Area Oil Operations at
Interserve, the international support services and construction group, has won projects in two developments in Qatar through its associate company, Gulf Contracting (GCC), worth an aggregate £70 million. Both are at Ras Laffan, one for JGC and the other for Nakilat, and result from the country’s ong
Rial-denominated bonds worth about $5 billion will be issued in near future to finance development of shared oil and gas fields especially South Pars gas field projects, managing director of the National Iranian Oil Company (NIOC), Ahmad Qalebani announced. He reported of absorbing four billion doll
As Russia and China vie with each other to win the construction contract for the Iran-Pakistan gas pipeline project, Pakistan is expected to finalize an engineering and procurement deal with China, which may also provide financing in line with the growing energy cooperation between the two sides. Do
Marcon International, Inc of Coupeville, WA, announced the sale and delivery of two 5,630BHP new ASD sister-tugs from Turkish builders, Bogazici Denizcilik to Owners in the United Arab Emirates. The tugs were designed by Cintranaval-Defcar of Spain for berthing and unberthing of vessels at LNG termi
Iran has discovered a new gas field with considerable in-place reserves, exploration director of the National Iranian Oil Company (NIOC), Mahmoud Mohaddes said. He went on to say that, the gas field is located in the Southern parts of the country, Fars News Agency reported. [mappress] Source: NIGC,
Noble Energy, Inc. reported today second quarter 2011 net income of $294 million, or $1.61 per share diluted, on revenues of $954 million. The Company’s second quarter 2010 net income was $204 million, or $1.10 per share diluted, on revenues of $751 million. Net income for the second quarter 2011 in
Iran will have the potential to export up to 250 million cubic meters of gas in next two to three years, managing director of the National Iranian Gas Company (NIGC), Javad Owji announced here. According to the report of the public relations of the NIGC, he said that Iran with 33 trillion cubic mete
The 10 billion dollars trilateral deal is slated to transfer Iran’s gas to Europe via a five thousand kilometers pipeline that is going to pass Iraq, Syria and Lebanon territories, Javad Oji said at a press conference on Saturday afternoon. South Pars gas field as a reliable source of gas is the mai
Qatar’s total export earnings have been projected to exceed $90bn this year on the back of huge liquefied natural gas shipments, Samba Finan… By Pratap John (Gulf Times) [mappress] Source:Gulf Times , July 22, 2011;
The Al Samriya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the Netherlands’ new LNG terminal on July 27 from Qatar. This will be the terminal’s third commissioning cargo. Prior to the start of commercial operations of Gate terminal in September 2011, the installations w
