News / International

Aramco to Launch IPO in 2018

Saudi Aramco's initial public offering (IPO) would be more suitable during 2018 when oil prices would have recovered and the market conditions improved.

Dubai to Generate 22MW Solar Power at Jafza

Dubai based DP World group commissioned the installation of 88,000 solar rooftop photovoltaic (PV) panelson its Dubai facilities.

Turkey, Russia Signed Pipeline Deal

The Russian Energy Minister, Alexander Novak, and his Turkish counterpart, Berat Albayrak, signed a bilateral agreement in order to build the TurkStream undersea gas pipeline.

Korea to Boost Tunisia’s Solar Power by 50MW

The Tunisian Electricity and Gas Company (STEG) agreed with the Korea International Cooperation Agency (KOICA) to carryout the feasibility study for the installation of five photovoltaic (PV) solar power plants in Southern Tunisia.

Iraq, Iran To Miss Istanbul OPEC Talks

The oil ministers of Iran and Iraq will not attend informal talks between member's of the Organization of the Petroleum Exporting Countries (OPEC) in Turkey during October.

Sound Energy Drilled 2nd Well at Tendara

Sound Energy Plc announced that it has completed drilling of its second gas well TE-7 at Tendara, Morocco.

Russia to Develop Iranian Oil Field

Russia's Tatneft and the National Iranian Oil Company (NIOC) signed a preliminary agreement to cooperate on the development of the Dehloran oil field which is located 120km from west of Dezful in western Iran.

Qatar to Export LNG to Pakistan

Qatargas, signed a 20-year Liquefied Natural Gas (LNG) sale and purchase agreement (SPA) with Pakistan based Global Energy Infrastructure Limited (GEIL).

Tullow Declared Force Majeure in Ghana

UK’s Tullow declared force majeure on Seadrill contract for the West Leo rig contract. Tullow sent the notice in early October, claiming the field the rig has been hired for, is subject to a drilling moratorium by the government of Ghana.

Nigeria to Start Output from Otakikpo Oil Field

Africa-focused Lekoil is expected to begin commercial oil production from Nigeria’s Otakikpo marginal field during October, following the completion of the Otakikpo-003 well.

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