Iran, Turkmenistan Produce 63 mcm/d from Gonbadli Field
Production in the joint field has a massive role in ensuring natural gas supplies to Iran.
Production in the joint field has a massive role in ensuring natural gas supplies to Iran.
Indonesia's PT Pertamina Internasional EP (PIEP) aims at achieving a 10% growth in production from its oil and natural gas production fields in Algeria in 2019 and 2020.
The agreement aims to shift towards increased dependence on renewable energy sources, in line with Saudi Vision 2030.
Prices for Asia are affected by the monthly average price of Platts Dubai and the Oman Dubai Mercantile Exchange (DME).
OPEC produced 29.6 million per day (b/d) in June, down by 170,000 b/d compared with May.
The agreement will allow Iraq to export crude oil to and import petroleum products from Oman.
The deal extends Eni's management of the trans-Tunisian gas pipeline to transport Algerian natural gas to Italy through Tunisia for another 10 years.
The two countries reportedly made significant progress in negotiations for the zone that could increase their oil production by 500,000 barrels per day (b/d).
Zentech will provide comprehensive engineering support for all ADNOC Drilling offshore and onshore rigs.
The project is expected to generate electricity for the houses of 2,213 families benefitting from the National Aid Fund (NAF).