Nigeria is determined to cut the contracting cycle –the time between the bidding process and the actual award of contracts– in the country’s oil and gas industry from the current average period of two to four years, ...
Russian oil producer Rosneft is interested in oil and gas projects in Iran, according to the Energy Minister, Alexander Novak. However, the Minister added that "It is too early to talk about any concrete plans as Iran".
Multi-million dollar contracts were signed by corporate entities, including small and medium enterprises (SMEs), in various fields during the Business Opportunities Forum at the Oman International Exhibition Centre a ...
International oil companies could boost production in Iraq beyond current targets if production contracts were changed to give more incentives for investment, according to BP Plc and Royal Dutch Shell Plc.
Qatar Petroleum (QP) has decided not to assign any contracts by direct agreement with the relevant parties, including wholly or partly owned companies by QP or its subsidiaries
Libya will offer new production-sharing agreements to international oil companies on improved terms to existing contracts, but this won't happen this year, said the country's Minister of Oil and Gas, Abdurahman Benye ...