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
Maersk Oil Qatar A/S (Maersk Oil) has awarded WorleyParsons Qatar WLL a four year “General Design Contract” to conduct engineering design modifications and material definition for works associated with the Al Shaheen offshore oil production facilities operated by Maersk Oil in Qatar. The Al Shaheen
Shell Bringing In GoM’s Second FPSO. Makes Stones FID (USA) Royal Dutch Shell plc made a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. Karoon Finds More Oil at Bilby-1 Well (B
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
The U.S.-U.A.E. Business Council hosted a dinner on Sunday in Houston honoring visiting senior Emirati delegations, which included many representatives from the Abu Dhabi National Oil Company (ADNOC) and its subsidiaries as well as the Abu Dhabi Chamber of Commerce & Industry (ADCCI). The event took
The Director General of Anzali Port, Farhad Montaser Kouhsari, said that construction activities in Chamkhaleh Port, (which is situated in Gilan province and is supervised by Anzali Port) has resumed. Mr. Kouhsari said that some $ 5 million has been allocated in this respect. He added that tender fo
Director General of Bushehr Port said that construction of Negin Port is supposed to be started as of next year. He said that project involves a container terminal and a dedicated terminal for export and transit of petrochemical and oil products. Mr. Rastad noted that the feasibility studies for con
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
Indian External Affairs Minister Salman Khurshid has voiced New Delhi’s willingness to reenter negotiations over a project that would have transferred Iranian gas to India via Pakistan. Khurshid arrived in Tehran on Friday to attend the 17th meeting of Iran-India Joint Economic Commission, Iran’s SH
1) Australia: Woodside to Explore FLNG at Browse Woodside said that it has entered into an agreement with Shell that sets out the key principles that would apply if the Browse resources are developed using Shell’s Floating LNG (FLNG) technology. 2) Hoegh LNG: Lithuania FSRU Construction in Full Swin
*Woodside to Develop Browse Reserves Using Shell’s FLNG Technology *Petrofac Strikes Oil at Cendor, Malaysia *First Steel Cut for Cygnus Jackets. Project Creates 100 Jobs (UK)
Qatargas has won an award for its industry leading safety performance on the Jetty Boil Off Gas (JBOG) project. The award was presented by His Excellency Dr. Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry at Qatar Oil and Gas Industry HSE Excellence Awards ceremony held last week in Doh
South Gas Company, Shell and Mitsubishi on Wednesday officially announced the commencement of operations of Basrah Gas Company, which will be the largest gas project in Iraq’s history and the world’s largest flares reduction project. Basrah Gas Company is a 25-year incorporated Joint Venture between
