EOR | Egypt Oil & Gas

Iraq Seeking Foreign Investments to Increase its Oil Output

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 Ir...

Oilfield Services to Expand Offshore in Middle East, Report Says

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, said Trade Arabia, ci...

Saudi Carbon Capture Project to Boost Recovery Rates

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, reported Reuters. “This pilot will...

First Ever Commercial Scale Solar-EOR Project Developed in Oman

GlassPoint Solar Inc will shortly begin work on the 1-GW Miraah solar thermal park in Oman, reported SeeNews Renewables. Here solar power will be used to heat water into steam for injection into the Amal oilfield, ext...

UK Helps Iran with EOR as Iran Develops Scottish Gasfield

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. Iranian Deputy Oil Minister ...

Austria’s OMV Bringing IOR/EOR Technology to Iran

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, reported UPI. One of these companies was Austrian o...

Chevron Boosts Efficiency Even as Profits Slide

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. San Ra...

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