Iraq Seeking Foreign Investments to Increase its Oil Output

• Tuesday, 29th December 2015
• by Egypt Oil & Gas

Iraq's state-run South Oil Co. (SOC) has approached PetroChina and ExxonMobil about investing in a multi-billion-dollar Integrated South Project to boost infrastructure that will allow to increase output from its sma ...

Oilfield Services to Expand Offshore in Middle East, Report Says

• Wednesday, 18th November 2015
• by Egypt Oil & Gas

Higher E&P expenditure, financial durability of the companies and customers are likely to drive the oilfields services (OFS) market in the Middle East to record revenues worth $13.4b by 2019.

Saudi Carbon Capture Project to Boost Recovery Rates

• Sunday, 8th November 2015
• by Egypt Oil & Gas

Saudi Arabia's first carbon capture and storage pilot project, located at its Ghawar oilfield, may boost oil recovery rates by 20% points, oil minister Ali al-Naimi said.

First Ever Commercial Scale Solar-EOR Project Developed in Oman

• Thursday, 8th October 2015
• by Egypt Oil & Gas

GlassPoint Solar Inc will shortly begin work on the 1-GW Miraah solar thermal park in Oman

UK Helps Iran with EOR as Iran Develops Scottish Gasfield

• Monday, 21st September 2015
• by Egypt Oil & Gas

According to Press TV the United Kingdom will pay Iran the country’s share of revenues from Scotland’s offshore Rhum Gas Field, but only after sanctions on the Islamic Republic are lifted.

Austria’s OMV Bringing IOR/EOR Technology to Iran

• Wednesday, 9th September 2015
• by Egypt Oil & Gas

Austrian President Heinz Fischer arrived in Tehran on Monday at the head of leading business delegates to review potential trade relations with the Islamic republic

Chevron Boosts Efficiency Even as Profits Slide

• Sunday, 2nd August 2015
• by Egypt Oil & Gas

For Chevron Corp., a dollar spent in the Permian Basin can get 35 percent more oil out of the ground than it could last year, as drilling costs have fallen and as the company works faster on more fertile wells.