News / International
Myanmar Offshore Blocks Awarded to Shell, Mitsui
Mitsui Oil Exploration Co. Ltd. has succeeded in a joint bid in the Myanmar Offshore Bidding Round 2013 for three deepwater blocks located offshore Myanmar, namely blocks AD-9, AD-11, and MD-5.
Oil Platform Explosion in Brazil Kills 3
At least three workers were killed and 10 were injured Wednesday in an explosion at an offshore oil and gas platform in Brazil, according to the state oil company.
Angola to Cut Budget by 25% as Oil Revenue Plunges
Angolan President Jose Eduardo dos Santos said oil revenue in this year’s budget will plunge by almost half, forcing Africa’s second-largest crude producer to cut spending.
Oil Export Port Reopens After Strike Staged by Guards in Libya
The Hariga oil export port reopened after guards ended a strike over unpaid wages, Reuters reported Feb. 10.
Iran Ups Fuel Oil Revenues Even with Sanctions
Iran has earned $1.35 billion for selling more than 3 million tonnes of fuel oil in the 10 months to January 21, up 30% in revenue from the same period of last year, oil ministry news website Shana cited an official as saying.
Abu Dhabi: Oxy to Develop Al-Hail and Ghasha Oilfields
State-run Abu Dhabi National Oil Company (Adnoc) has signed a technical agreement with US-based Occidental Petroleum to develop the Al-Hail and Ghasha oilfields, Adnoc said in a statement on Tuesday.
Iran Revives Plans to Sell Gas to Kuwait
Iran has announced readiness to start exporting natural gas to Kuwait.
Canada’s Katch Kan Opens HQ in Bahrain
Canadian oil and gas industry solution provider Katch Kan has launched its Middle East headquarters in Bahrain.
