News / International
Oman Floating Storage Facility Wins International Attention
Oman Tank Terminal Company (Ottco) has recently launched a new 2.1 million barrel capacity floating storage facility at Mina Al Fahal
South Africa to Transfer Critical Technology and Mediate Investors, if Iran Sanctions Lifted
According to Tansim News Agency, South Africa has formally announced its readiness to resume crude imports from Iran, once sanctions were fully lifted.
Gulf States a Thorny Priority for Iran’s Regional Gas Ambitions
“We are laying the necessary groundwork for gas exports” to the UAE, Kuwait, Bahrain and Oman, announced Managing Director of the National Iranian Gas Exports Company (NIGEC) Ali Reza Kameli
Total Selling Midstream Assets in the North Sea
French oil and gas major Total is selling its midstream assets in the North Sea, reported Offshore Post.
India’s ONGC Pursuing Gas and LNG Deal Worth $24b in Mozambique
India’s state-run exploration company ONGC is investing in a massive offshore Mozambique gas field with estimated reserves of more than 75 tcf, reported the India Economic Times.
Schlumberger Buys Cameron, Becomes Industry’s First Integrated Drilling and Production Company
Schlumberger has announced that it will buy oil services rival Cameron International for nearly $13b in cash and stocks, reported The Wall Street Journal.
Iran Launches Geothermal Project Amid Power-Draining Heat Wave
Trade Arabia reported that Iran is building the Middle East's first geothermal power plant.
Shell’s Global LNG Plans Hit Pipeline Snag in Nigeria
Royal Dutch Shell announced on Friday that gas supplies to Nigeria's LNG export terminal on Bonny Island had suffered a reduction thanks to the shutdown of a major oil pipeline in the country
