Iran to Launch Pars Field Development Phases
South Pars has a production capacity of around 110 mcm/d.
South Pars has a production capacity of around 110 mcm/d.
Egypt discusses cooperation with German technological companies to develop petrochemical and refining complexes.
The 11 E&P projects in the oil and gas field will be located in the deep waters of the Mediterranean Sea, the Gulf of Suez, Delta and the Western Desert.
Qatar Petroleum has signed a deal with Eni to acquire a 35% stake in three of the Italian company's Mexican offshore oilfields.
Chinese President Xi Jinping on Tuesday pledged $20 billion in loans, and about $106 million in financial aid, to Middle East nations.
Two Russian firms are reportedly preparing bids and technical proposals to develop the Shadegan oil field in southern Iran.
Egypt has allocated EGP 25 billion to be spent on developing the national electricity grid over the next two years.
Russian presidential aide Yuri Ushakov announced on April 2 that Russia could invest more than $50 billion in Iranian oil and gas fields.
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.
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.