Iraq’s Oil Revenue Reach $3.49 B

• Wednesday, 26th August 2020
• by Editorial Team

Iraq’s oil ministry has announced that oil revenues accounted for in excess of $3.49 billion after a total of 85.6 million barrels of oil (mmbbl) were exported.

Saudi Arabia to Expand Pipeline as Alternate Export Route

• Sunday, 28th July 2019
• by Editorial Team

Saudi Arabia plans to increase the capacity of the East-West Pipeline by 40% within two years in order to avoid exporting oil through the Strait of Hormuz.

Iran Hopes to Raise Oil Exports

• Monday, 8th July 2019
• by Editorial Team

Iran is hoping for an improvement in crude oil exports despite further sanctions imposed by the US.

Two Oil Tankers Evacuated in Gulf of Oman

• Thursday, 13th June 2019
• by Editorial Team

An unspecified incident took place in the Gulf of Oman and has reportedly affected two oil tankers.

McDermott Contracted Offshore Saudi Arabia

• Tuesday, 24th January 2017
• by Editorial Team

McDermott International has been awarded a substantial contract from Saudi Aramco for engineering, procurement, construction, and installation (EPCI) services in the Safaniya and Zuluf fields offshore Saudi Arabia.

Suez Canal Authorities Set New Fares for VLCCs

• Monday, 20th June 2016
• by Egypt Oil & Gas

New toll rates have been set by Egypt’s Suez Canal Authority, as part of a six-month experiment, for the oil tankers that will be using the vital waterway do deliver any very large crude carriers (VLCCs)