Iran Contains Oil Pipeline Fire
A fire broke out at an oil pipeline in Southwest Iran after an accident occurred on May 06, yet the fire was controlled successfully.
A fire broke out at an oil pipeline in Southwest Iran after an accident occurred on May 06, yet the fire was controlled successfully.
Net profits reached $35 million in the three-month period, up from $14 million in Q1 2018.
TAQA plans two acquisitions in North America of companies working in the areas of oilfield services technology and manufacturing, by the end of the year.
Iraqi Oil Minister Thamer Ghadhban has entered discussions with his Qatari counterpart Saad al-Kaabi for joint cooperation and potential investments in oil, gas, and electricity.
Pearl Petroleum plans to increase its investments in the Kurdistan Region of Iraq (KRI), according to Patrick Allman-Ward, Dana Gas CEO.
The deal includes evaluating technology configurations and options for the recovery of refinery offgases, such as hydrogen, ethane, and LPG.
Siemens has signed an implementation agreement with Iraq’s Ministry of Electricity to rebuild the country’s power sector.
The five new blocks open for bidding are Offshore Block 3, Offshore Block 4, Offshore Block 5, Onshore Block 5 and Onshore Block 2, with the latter offering two separate licensing opportunities for conventional and unconventional oil and gas.
KBR has won a three-year extension for its maintenance services contract from Satrop, a joint venture between Saudi Aramco and French oil major Total.
Signing the EPSA agreement, that follows a joint study led by Eni in 2016, Eni will be responsible for the block’s exploration activities.