News / International

Sao Tome and Principe Terminate Sinoangol Contract

Sao Tome and Principe has decided to terminate an oil concession granted to Sinoangol for breach and violation of contract.

India to Import Nigerian Crude Worth $3.85b

Indian state-run oil refiners have indicated interest to increase total crude oil consumption volume with additional 2m tons of crude oil import from Nigeria in 2017.

Congo’s Moho Nord to Produce 300,000b/d of Oil

Congo Republic expects oil output to rise to some 300,000b/d in 2018, up from current volumes of around 250,000b/d.

Iraq Started Basra-Aqaba Pipeline Bid

Iraq has invited energy companies and investors to bid to build and finance the first phase of a pipeline that will eventually connect the southern city of Basra with Jordan's Red Sea port of Aqaba.

NGC to Setup New Firm in Abu Dhabi

Omani National Gas Company (NGC) has announced the establishment of a new company in Abu Dhabi, in partnership with Professional Partnership Investments under the name of NGC Central Gas System LLC.

BAPCO Received Bids for Refinery Expansion

State-run Bahrain Petroleum Company (BAPCO) has received bids from international construction companies to expand its Sitra oil refinery.

Japan, Aramco Extended Oil Storage Agreement

State-run Japan Oil, Gas and Metals National Corp (JOGMEC) signed a contract with the world's top exporter Saudi Aramco to extend a crude oil storage deal on the island of Okinawa by three years.

Israel Approved Karnish, Tanin Gas Fields Sale

The Petroleum Council of Israel has approved the acquisition of 100 percent of the Karish and Tanin natural gas fields by Energean Oil & Gas from Delek Drilling and Avner Oil for $148m.

NIOC, PTTEP Signed A Deal to Study 3 Oil Fields

National Iranian Oil Company (NIOC) signed an oil agreement with Thailand's National Oil Company PTT Exploration and Production Public Company Limited (PTTEP).

Kuwait to Start Heavy Oil Production by 2018

Kuwait will begin heavy oil production by the end of 2018, with roughly 10,000 to 15,000 b/d at Ratqa refinery.

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