Tracerco has been awarded a contract to provide unique pipeline technology to Halliburton's Pipeline and Process Services product service line (formerly PSL Energy Services) in a deal worth £250,000. The technique will be used during the laying of pipelines to a new installation off the coast of Egypt.
Algeria will carry out its major Gassi Touil gas project without seeking partners, after terminating an agreement with Spanish companies Repsol and Gas Natural, Energy and Mines Minster Chakib Khelil said in remarks published yesterday.
A US official today criticized an oil deal between Texas-based Hunt Oil Company and Iraq's Kurdistan Regional Government (KRG), saying it had "needlessly elevated tensions" in Iraq.
Iran warned France it was prepared to go ahead with a major gas project with Total using Iranian firms alone if the French oil giant gives in to political pressure and does not swiftly implement the deal.
The Minister Oil and Gas and Chairman of the National Oil and Gas Authority Abdul Hussein Mirza yesterday said that Qatar and Bahrain would continue to explore possibilities of joint ventures in oil and gas sectors as part of their joint initiative to tap the huge opportunities in these areas.
Kuwait wants to drop Royal Dutch Shell as a partner and is instead considering BP in a project to build a $5 billion oil refinery in Guangdong in China, Kuwait's state news agency Kuna reported yesterday.
Indonesia and ExxonMobil have halted negotiations on the disputed Natuna D-Alpha gas block, now controlled by the US company, an official at energy watchdog BPMIGAS said yesterday.
Iran, China, and Malaysia will reach an agreement on the development of the Ressalat oilfield in the near future, said the managing director of the Iranian Offshore Oil Company (IOOC) here on Saturday.