A consortium of Indian companies, led by ONGC Videsh (OVL), is set to strike a deal with Iran by January for the development of Farzad-B gas field in the Persian Gulf.
The Nigerian National Petroleum Corporation (NNPC) stated that the 210,000b/d Port Harcourt refineries would soon commence the production of Aviation Turbine Kerosene (ATK).
Saudi Aramco has signed an amendment to extend its existing general engineering services plus (GES+) contract with KBR's joint venture engineering operation, KBR-AMCDE.
The Qatari Minister of Energy and Industry, Mohammed bin Saleh Al Sada, has declared that the rate of growth of demand for natural gas doubled in 2015 compared to the 2014.
The American trade corporation, ERHC announced that preliminary analysis of the Tarach-1, situated in Kenya's Block 11A, drilling results reveals encouraging information for further exploration.