News / International
GE to Operate Iraqi 3 GW Power Plant
GE has signed a multiyear $520m agreement in Iraq with Mass Energy Group Holding. The contract includes operation and maintenance services, as well as GE’s advanced digital industrial solutions for the 3.0 GW gas-fired Basmaya power plant.
Iran Delivered 1mb of Crude to OMV
Austria's OMV, an international integrated oil and gas company, has received the first consignment of 1mb of crude oil from Iran, since 2012.
Oman, Iran LNG Pipeline to Cost $1.5b
A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project's route and design to avoid waters controlled by the UAE.
Cycle Oil Completed Morocco’s Pipeline Repairs
Circle Oil, an international oil and gas exploration and production company, declared the completion of repairs of its gas pipeline in Morocco.
Shell to Start Drilling Offshore Tanzania
Shell is making preparations to commence exploration drilling offshore Tanzania before the of end 2016.
Iraq to Resume Oil Exports via Kirkuk Pipeline
A pipeline linking Iraq’s Kirkuk field to Turkey’s Ceyhan port was repaired after it was halted. A flow test took place and operations are expected to return to normal exports levels of more than 90,000b/d.
Nigeria Lost 130,000b/d of Crude Output in August
Nigeria suffered the biggest decline among members of the Organization of Petroleum Exporting Countries (OPEC) with 1.468mb/d of crude oil in August.
Japan Will Not Invest in Aramco’s IPO
Japan's government declared it has no intentions to invest in state-run oil firm Saudi Aramco's planned initial public offering (IPO).
