News / International
Amec Wins Contact Extension for Second Largest Oilfield in Gulf
Amec Foster Wheeler was awarded the extension to its existing Project Management Consultancy (PMC) contract for the UZ750 project at the Upper Zakum (UZ) oil field in Abu Dhabi
Iran to Sell its Flared Associated Gas to French Company
Iran's Minister of Petroleum Bijan Zangeneh announced on Iranian TV that an unnamed French company wanted to buy associated gas from the offshore Forouzan platform, to be converted into LNG afterwards
GCC VAT Moves Delayed but UAE Forging Ahead
“An immediate announcement will be made once a final agreement on imposing a VAT law is reached,” said the UAE's Finance Ministry in a statement
South Africa Boosting Local Petroleum Sector, Balancing Ghana Relations
There has been a flurry of petroleum actively recently in South Africa. There was a Business Seminar on opportunities in the petroleum industry retail sector organized by the country's Department of Energy
Israel Agrees to Mediterranean Field Deals
Israel’s cabinet has reached agreements with Noble Energy and Delek Holdings to increase gas production in the East Mediterranean fields of Tamar and Leviathan, reported Quartz.
Algeria Calls for Non-OPEC Members to Cut Production Rates
The Algerian energy minister stated that non-OPEC nations need to help to stabilize international oil prices, reported Bloomberg.
Italy Revamps LNG for Transport
After failing to become a European hub for natural gas, Italy is looking for alternative ways to use the fuel, said Politico EU.
Iran Welcoming German Energy Companies with Open Arms
Iran's Deputy Energy Minister Houshang Falahatian announced that his country was on the verge of signing deals with German companies to establish new electricity generation plants
