SONATRACH Affirms its Support for Reforestation Programs
SONATRACH Company reaffirmed its support for the reforestation and forest protection program.
News / International
Total Acquires Fonroche Biogaz
Total company has announced the acquisition of Fonroche Biogaz becoming the French leader pf renewable gas production.
Spain’s LDZ Gas Demand Reaches Record of 114 mmcm
Natural gas demand form Local Distribution Zone (LDZ) sector in Spain has recorded high on January 7 reaching 114 million cubic meter (mmcm) due to high heating demand on the back of the recent cold snap resulting increase in Liquefied Natural Gas (LNG), This increase is still higher than the December average of 86 mmcm and the January 2020 average of 94 mmcm.
Iran to Start Oil Production from Azar Joint Field
The CEO of Oil Industries Engineering and Construction (OIEC) Group, Gholamreza Manouchehri, announced that the first phase of production from Azar joint oilfield will be soon.
Consortium of Total, Eni, Novatech Continues Oil Activities in Lebanon
The Caretaker Minister of Energy and Water, Raymond Ghajar, stated that the consortium made up of Total, Eni and Novatech Companies, is continuing its oil activities in Lebanon under the leadership of the operating company, Total, especially in implementing the amended law 160/2020 (suspension of deadlines) with the first exploration period being extended in Blocks 4 and 9 of Lebanese territorial waters until August 13, 2022.
SNOC Starts New Gas Storage Project
Sharjah National Oil Corporation (SNOC) has announced that it started it new gas storage project. This came after conducting a small-scale pilot phase using existing infrastructure that has been running since 2017.
IOOC Studies to Raise Persian Gulf’s Production by 740 mmbbl
The Iranian Offshore Oil Company (IOOC) has conducted fast track comprehensive projects on four oil fields in the Persian Gulf, aiming to raise the estimated oil reserves by more than 740 million barrels (mmbl).
Sinopec Establishes First Phase of Weirong Gas Field
The Chinese Sinopec company announced the establishment of the first phase of a new shale gas field, Weirong, in southwestern Sichuan at a production capacity estimated at 1 billion cubic meters of natural gas per year (bcm/y).
Jordan Discusses Renewing Oil Import MoU with Iraq
The Jordanian Ministry of Energy and Mineral Resources stated that it is going into discussions with the Iraqi authorities about renewing the Memorandum of Standing (MoU) signed between Jordan and Iraq to supply oil.
Iraq to Invest 200 mscm/d of Gas from Dhi Qar Fields
The Undersecretary for Extraction Affairs of the Iraqi Oil Ministry, Karim Hattab announced that the ministry plans to invest the gas accompanied with oil operations in Dhi Qar Governorate through conducting contract with an international company to invest 200 million standards cubic meters per day (mscm/d) of natural gas.
