Iran Floods Force Closing 10 Oil Wells in Khuzestan
Closing the wells led to a production loss of up to 20,000 barrels per day (b/d) of crude oil.
News / International
Aramco to Acquire Shell’s Stake in SASREF
A deal is reportedly in place between the two oil giants who share the ownership of the refining complex.
Qatar Petroleum Wins Exploration Rights in Argentina
The company won the exploration rights as part of two consortia.
Iran to Award E&P Contracts to Local Companies
Three or four exploration blocks will be developed by local firms within a year, according to the National Iranian Oil Company.
Gazprom Sees OPEC-Led Deal Ending in H1 2019
Gazprom Neft now assumes the deal will be effective until the middle of the year.
Iraq’s Oil Exports Declines in April
Iraq's oil exports from its southern ports have declined during April to 3.25 million barrels per day (b/d).
Oman’s OOG Looks for Partners for Developing New Refinery
Oman’s Overseas Oil and Gas LLC (OOG) is seeking new partners for developing a $15 billion new refinery in Bontang, East Kalimantan.
Qatar Petroleum Invites Groups to Bid for LNG Train Construction
Constructing the LNG trains helps expanding the production from its North field reservoir.
Iraq to Build New Refinery in Kirkuk
The refinery will have a production capacity of around 150,000 b/d.
ADRPBF to Invest in ADNOC’s Infrastructure Assets
ADNOC has agreed with the ADRPBF on a follow-on pipeline infrastructure investment agreement.
