News / International
Ghana to Launch Greater Jubilee Oil Field Integration Plan
Oil and gas field operators Tullow Ghana and Kosmos have presented a Plan of Development (PoD) for the Greater Jubilee Oil Field to the Ghana's government for the integration of the Jubilee, Mahogany, and Teak field discoveries.
GMS to Set up Zayed Port Facility for Offshore Oil&Gas Services
Abu Dhabi-based Gulf Marine Services (GMS), the largest operator of self-propelled self-elevating support vessels (SESVs) will set up a state-of-the-art facility at Zayed Port in Abu Dhabi, UAE, to construct and maintain its offshore support vessels that serve the region’s oil and gas industry
Norway to Help Kenya Develop its Oil Sector
Kenya has entered into a long-term 'Oil for Development' program agreement with Norway to develop its local oil sector by providing support in the management of Kenya's natural resources and protection of the environment.
Leviathan Partners and BG Negotiating $30b Egypt Gas Deal
The partners in Israel’s Leviathan Gas Field are close to an agreement with British Gas (BG) to export gas to Egypt. The $30b deal is expected be signed before BG is purchased by Shell in late January.
Caspian Crude Swaps Resume to Cure Iran Fuel Shortages
Iran has announced the resumption of swaps of crude oil for petroleum products with the Caspian littoral states – Turkmenistan and Kazakhstan, after a five year suspension.
Iran Seeking GDP Impetus in Mining, Downstream Sectors
In response to the declining oil prices, Iran plans to increase the mining sector’s share in the country's GDP from the current less than 1% to more than 2% within ten years.
China Establishes AIIB, Potential Rival to WB
The China-led Asian Infrastructure Investment Bank has been established end December as a potential rival to the World Bank and the Asian Development Bank - expected to be operational already in early 2016.
Gazprom to Increase Gas Supplies to Azerbaijan
Russian Gazprom and State Oil Company of Azerbaijan Republic (SOCAR) held negotiations seeking to increase Russian gas supply to the country above the volumes set by the existing agreements.
