Iran Delays Tender for Azadegan Oilfield Again
Iran has pushed back its tender for the development of its Azadegan oilfield until at least 2018
Iran has pushed back its tender for the development of its Azadegan oilfield until at least 2018
In a move that could weaken the Kurdistan Regional Government (KRG), the Iraqi Oil Ministry said that it would reopen the federal Kirkuk-Ceyhan pipeline to Turkey.
Bahrain’s new liquefied natural gas terminal (LNG) should be completed in 2019.
The construction of an new oil pipeline connecting Saudi Arabia and Bahrain will be completed in 2018.
Saudi Arabia will cut crude shipments by 560,000 barrels per day (b/d) in November.
Both Iraq and Iran increased their crude oil exports in September.
Chevron and Total have expressed interest in taking over Royal Dutch Shell’s operations at the Majnoon oilfield.
The Oman Oil Company Exploration and Production (OOCEP) finalized an agreement for a $1 billion loan.
Abu Dhabi National Oil Company (ADNOC) is closing in on the syndication of a $6 billion loan.
Production resumed at Libya’s Sharara oilfield Wednesday.