News / International
Iran’s Oil Exports to Drop by 8%
Iran's crude oil exports in December are set to fall 8% from November to a five-month low.
Pertamina to Increase Stake in Algerian Oil Block
Indonesian state-owned oil and gas firm Pertamina is aiming to increase its participation rights in Algeria’s Menzel Lejmat North (MLN) oil block.
Lekoil Pumped Oil from Otakikpo to Storage Tanks
Lekoil announced that oil is flowing at the Otakikpo marginal field in Nigeria to onshore storage tanks, where it will later be transferred upon completion of the offshore pipeline.
Russia to Study Iranian Oil Fields
Oil and gas investment capacity between Iran and Russia are slated to reach $10b, while Gazprom Neft and National Iranian Oil Company (NIOC) signed MoU for feasibility studies on the development of Changouleh and Cheshmeh-Khosh oil fields in Western Iran.
Bahrain LNG Obtained Funds for LNG Import Facility
Bahrain LNG completed limited recourse financing for the private-public partnership LNG import and regasification project, the first of its kind in the Middle East.
Oman, Russia to Monitor Production Cut Deal
Oman and Russia have been named to the committee set up by OPEC to oversee the implementation of oil production cuts agreed upon by OPEC and non-OPEC nations.
Zimbabwe to Import Fuel for High Demand Season
The Reserve Bank of Zimbabwe (RBZ) has signed a deal with local petroleum giant, Sakunda Holdings, for the importation and supply of fuel in the country.
Eni’s FPSO Arrived in Angola
Italian Eni’s floating production storage and offloading (FPSO) vessel, Armada Olombendo, has arrived and received at its final destination on Block 15/06 offshore Angola.
