The shippers have been urged to steer clear of the navigational channel to the east of the Yemeni island of Zuqar in the Red Sea due to possible mines in the area. Namely, the Yemeni Coast Guard warned the shipping community of the possible dangers in the navigational channel following reports that
Iran has launched new phases of the giant South Pars offshore gas field, which the country shares with Qatar, located in the Persian Gulf. According to the Iranian President Hassan Rouhani’s website, the president on Sunday ordered start of operations on gas platforms of Phases 17, 18, 19, 20, and 2
By Aaron Sheldrick TOKYO (Reuters) – Crude oil fell on Monday in quiet trading after the three-day Easter break on signs the United States is continuing to add output, undermining OPEC efforts to support prices, and as the market digested North Korea’s failed missile launch on Sunday. Benchmark Bren
Geology Without Limits (GWL) will acquire 2D seismic data in the Iranian sector of the Caspian Sea. GWL announced that, in conjunction with the Geological Survey of Iran (GSI) and the Ministry of Industry, Mine & Trade, it will acquire about 4 800 km of 2D seismic, marine gravity and magnetic data i
Iranian president Hassan Rouhani officially inaugurated five phases of the South Pars gas field the country shares with Qatar.
Popular news, April 10 – 16, 2017
Polish LNG terminal in Swinoujscie, named President Lech Kaczyński is scheduled to receive a cargo of liquefied natural gas from Qatar next week.
Houston-based LNG engineer KBR has signed a deal with Chevron to provide services for the energy giant in multiple global locations. Under the ten-year master contract, KBR’s engineering offices in various global locations could provide Chevron with engineering and procurement services across all ph
Lebanese government has extended a deadline to announce the results of the country’s second pre-qualification round related to its first offshore licensing round, which was re-launched earlier this year. According to a Wednesday announcement by the Lebanese Petroleum Administration (LPA), a regulato
By Alex Lawler LONDON (Reuters) – OPEC cut oil output in March by more than pledged under a supply reduction deal and said oil inventories had fallen in February, suggesting that its effort to clear a supply glut that has weighed on world oil prices is succeeding. But the Organization of the Petrole
By Ron Bousso, Dmitry Zhdannikov and Rania El Gamal LONDON/DUBAI (Reuters) – Saudi Arabia and international oil companies have discussed gas venture opportunities inside the kingdom and abroad as part of the top crude-exporting country’s drive to diversify investments before the listing of national
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Oilfield services industry has laid off some 300.000 people since the collapse of oil prices in 2014, however the tide is now turning, according to a Norwegian energy intelligence group. Rystad Energy has carried out a research according to which service companies within the Shale business are now s
State-owned Qatar Petroleum and the U.S.-based energy giant ExxonMobil will start drilling for oil and gas offshore Cyprus next year under a new exploration and production sharing contract signed on Wednesday. The signing of the deal for offshore Block 10 in south-west of Cyprus, followed the succes
