Iran plans to invest $150 billion in its upstream oil and gas sector during the Fifth Five Year Development Plan, deputy minister of petroleum for planning and supervision on hydrocarbon resources, Mohsen Khojastemehr announced. The investment in the upstream oil and gas sector will bring $179 billi
The Islamic Republic of Iran navy saved a MV Ocean bulk carrier as it confronted pirates for the 12th time since late March, reported ISNA… (TrendAz) [mappress] Source: TrendAz, May 31, 2011;
The NIGC’s Coordination and Supervision Manager reported of implementation of 50 plans on increasing gas production capacity and gas production stability at the domestic gas processing plants. Jamshidi Dana who is the Manager of Coordination and Supervision on gas production at the National Iranian
Qatar said on Sunday that it had signed an agreement with Egypt to establish two new ports with the potential to create more than a million… (ArabianBusiness) [mappress] Source: ArabianBusiness, May 31, 2011
The Israeli Prime Minister Benjamin Netanyahu’s office denied the claim by the Ofer Brothers Group that its ships had been authorized by Isr… (KUNA) [mappress] Source: KUNA, May 30, 2011;
United Nations Development Programme (UNDP) experts have drawn up a plan to widen Syria’s Lattakia Port northwards, through the construction… (bairdmaritime) [mappress] Source: bairdmaritime, May 30, 2011;
The Interior Ministry approved a plan to drain 500,000 tons of contaminated sediment from the Kishon River and then rehabilitate the entire… By SHARON UDASIN (jpost) [mappress] Source: jpost, May 30, 2011;
Qatargas has won, for the second consecutive year, the prestigious Qatarization Award, given during the Energy and Industry Sector’s 11th Annual Award Ceremony, for the company’s contribution towards the category of “Support for Training and Development” as a part of the Qatar National Vision 2030.
Abu Dhabi Ports Company (ADPC), which is developing the 417-square kilometre Khalifa industrial zone (Kizad) between Abu Dhabi and Dubai, is… (ptinews) [mappress] Source: ptinews, May 27, 2011.
Secretary of State Hillary Rodham Clinton has decided to impose sanctions on seven companies under the Iran Sanctions Act (ISA) of 1996, as amended by the Comprehensive Iran Sanctions, Accountability, and Divestment Act (CISADA) of 2010, for their activities in support of Iran’s energy sector. – The
Commander of Iran’s Navy Rear Admiral Habibollah Sayyari says the country’s naval forces plan to build “modern submarines” for a stronger Ir… (presstv) [mappress] Source: presstv, May 26, 2011;
Noble Energy Inc. president and CEO David Stover has delivered good news for Israel’s natural gas and oil sector. He told a UBS conference… By Yael Gruntman Globes.co.il [mappress] Source:Globes , May 26, 2011;
Total progress of the phase has reached 51 percent, the South Pars gas field phase 12 manager, Rasoul Fallahnejad announced. He went on to say that, construction of onshore installations of the phase is underway by the Iranian experts in the form of three engineering, procurement and construction co
The first phase of dredging in King Abdullah Economic City (KAEC) seaport has been completed, Fahd Al-Rasheed, managing director & CEO of… (saudigazette) [mappress] Source: saudigazette, May 24, 2011
