News / International
Iraq to Build 3 Gas Processing Plants
Iraq will establish three gas processing plants to process the natural gas that is being flared at southern oil fields and use it in power generation.
Iran Inaugurates Projects Worth $20b
Iran officially inaugurated 10 major oil, gas, and petrochemical projects, including five phases of the South Pars gas field.
OPEC Cuts 153,000b/d in March
Supply targets from the members of the OPEC suggest a compliance of 104% with the cartel's deal to cut output.
BW Offshore Acquires Stake in Dussafu field, Gabon
BW Energy Gabon (BWEG), a subsidiary of BW Offshore, has fully acquired the a 66.67% stake in the Dussafu production sharing contract offshore Gabon, owned by Harvest Energia and plans to increase its interest through a deal with Panoro Energy which acquires the remaining 33.33%.
NNPC Reopens Mosimi Depot
The Nigerian National Petroleum Corporation (NNPC) announced this week that it has reopened the Mosimi oil depot in Nigeria’s Ogun state after it was shut down for a year.The reopening will facilitate the supply and distribution of petroleum product in the South West region.
OPEC, UAE to Launch Oil and Gas Big Data Project
The Organization of Petroleum Exporting Countries (OPEC) and the United Arab Emirates’ (UAE) Ministry of Energy will launch late April the first phase of a new global oil and gas database project.
Saudi Arabia Reduces Oil Output
Saudi Arabia reduced its oil production last month to the lowest since the beginning of 2017. The country decreased its output by 111,000b/d in March to 9.9mb/d.
GE, MGH Start Commercial Operations of 9F Gas Turbines in Besmaya
GE and Mass Group Holding (MGH) have successfully commenced simple cycle commercial operations of four advanced GE 9F gas turbines under phase I of the Ministry of Electricity’s Baghdad Power Plant in Besmaya.
