News / International
Subsea Gulf of Mexico Contracts Awarded to Technip
Technip has been awarded by Stone Energy Corporation both a flexible pipe supply contract and an installation contract for the Amethyst field, located on Mississippi Canyon 26, in the Gulf of Mexico.
Additional Areas of Arctic to be Off Limits for Drilling
The federal Department of the Interior will make additional areas of Arctic Ocean waters off-limits to drilling when it announces a new five-year offshore drilling plan, a member of the Alaska congressional delegation said Monday.
Iran MPs Want to Raise Gasoline Rate
Iran’s Parliament has approved a proposal to increase the rate of gasoline in the budget bill for the next calendar year of 1394 (to begin 21 March 2015).
UAE: No Need to Rethink Oil Projects
The UAE will continue to push ahead with its planned oil sector projects despite lower crude oil prices, energy minister Suhail al-Mazrouei said Monday.
Rival Minister: Libya Producing 363,000 b/d of Oil
The United Nations and Western powers do not recognize the administration which controls ministries in Tripoli.
Saudi: Moving from Oil to Innovation, Service Sector
Saudi Arabia’s new leadership will push forward efforts to diversify the growing but oil-dependent economy, while easing procedures for investors
Kenya Discovers Oil and Gas in Epir-1 Exploration Well
Tullow Oil PLC encountered oil and wet gas shows over a 100-m interval of non reservoir quality rocks—demonstrating a working petroleum system—by way of the Epir-1 exploration well on Block 10BB in the North Kerio basin of Kenya.
Fujairah Headed for Oil Trade Hub Future
Fujairah will emerge as an important oil and trading hub in the coming years with the number of facilities coming up in the port, industry experts at the Tank Storage Middle East conference said.
