News / International
Nigeria Discovered Offshore Oil Field
ExxonMobil Corporation announced a significant discovery with a potential recoverable resource of between 500m and 1b barrels of oil on the Owowo field offshore Nigeria.
Libya Produced 670,000b/d of Oil
Libya has experienced a remarkable increase in oil production hitting 670,000b/d. The rise in output came accordingly to NOC's work in some previously-shut oilfields.
Iran to Renovate Oil Terminals
Iran Oil Terminals Company's (IOTC) is in negotiation with a Dutch firm to renovate and develop Iran's oil terminals infrastructure in the Persian Gulf.
Turkey to Tender 1GW PV Plant
Turkey is to hold a tender in December for a 1GW photo voltaic (PV) plant located near the city of Konya.
India, Iran to Finalize Gas Deal
A consortium headed by ONGC Videsh Ltd (OVL) and Iran aim to strike a deal by March to develop the Iranian Farzad B gas field in the Farsi offshore block.
Kurdistan Fields Produced Less Oil
Genel Energy, mentioned that it expects a decline in production at its Kurdish oil fields.
Kenya’s Crude Exports to Start in 2017
Kenya together with UK’s Tullow Oil, Africa Oil, and Maersk Oil will export 2,000 barrels of crude in January 2017 produced from five wells.
Nersa, Rompco Disagreed over Gas Tariff
The National Energy Regulator of South Africa (Nersa) did not approve the Republic of Mozambique Pipeline Company’s (Rompco) $3.59/gigajoule tariff for gas that will be transported to South Africa during 2017.
