Russian Iran Hydrocarbon Investments May Exceed $50 B

• Tuesday, 3rd April 2018
• by Editorial Team

Russian presidential aide Yuri Ushakov announced on April 2 that Russia could invest more than $50 billion in Iranian oil and gas fields.

Oil Companies Eye Developing 11 Iraqi Oil, Gas Fields

• Sunday, 1st April 2018
• by Editorial Team

Some 16 companies, including Exxon, Chevron, and Total, have expressed interest in 11 Iraqi oil and gas fields, the bidding for which takes place on April 15.

Gazprom Mulls Developing Gas Fields in Iran

• Wednesday, 31st January 2018
• by Sarah Samir

Russia’s Gazprom is considering the development of four Iranian gas fields and is planning to present relevant offers by late March, said Bijan Zangened, Iranian Minister of Petroleum.

SDX Targets 4,422 boe/d from North West Gemsa in 2018

• Monday, 29th January 2018
• by Sarah Samir

SDX Energy Incorporation announced plans to maintain 2017 production rates from North West Gemsa during 2018, standing at 4,422 barrel of oil equivalent per day (boe/d).

EGAS to Boost Gas Production to 7 bcf/d by End of 2018/2019

• Tuesday, 23rd January 2018
• by Sarah Samir

EGAS plans to drill and develop natural gas fields in the Mediterranean Sea in order to boost production to around 6 billion cubic feet per day (bcf/d) by the end of fiscal year (FY) 2017/2018, which will graduall ...

Bahrain to Begin Development of Tight Gas in 2018

• Sunday, 14th January 2018
• by Sarah Samir

Bahrain plans to begin developing its tight natural gas reserves in 2018, despite its plans to bring a liquefied natural gas (LNG) import terminal online in 2019.

TransGlobe Energy Allocates $29.1 M for Egypt in 2018 Budget

• Thursday, 11th January 2018
• by Sarah Samir

TransGlobe Energy Corporation has announced its 2018 capital budget allocating $29.1 million for operations in Egypt and $12.2 million in Canada.

Oil Ministry Declines Rumors on Zohr Production Start Rate

• Sunday, 3rd December 2017
• by Sarah Samir

Ministry of Petroleum and Mineral Resources declined spreading news quoting the Minister of Petroleum, Tarek El Molla, saying that Zohr will start producing 1 billion cubic feet (bcf) of natural gas within days.

Iran, Iraq to Lead Middle East Oil Growth

• Wednesday, 22nd March 2017
• by Editorial Team

The research consultancy Rystad Energy indicated that the oil field development in Iran and Iraq is expected to drive the largest production growth in the Middle East over the next four years.

El Molla Ensures Operational Efficiency at Alexandria Company

• Monday, 27th February 2017
• by Dr. Mahinaz El-Baz

Tarek El Molla said that the Egyptian petroleum sector is successfully implementing the upgrading and development plan of refining.