Iran | Egypt Oil & Gas - Part 44

OPEC to Decide on Output Cut

OPEC will debate an oil output cut of between 4.0-4.5% for all of its members except Libya and Nigeria by the end of November.

India to Develop Farzad-B Gas Field

A consortium of Indian companies, led by ONGC Videsh (OVL), is set to strike a deal with Iran by January for the development of Farzad-B gas field in the Persian Gulf.

DNO to Develop Changuleh Oil Field

DNO signed a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct a study on the development of the Changuleh oil field in western Iran.

Linde Group to Proceed with Iran LNG Projects

German Linde Group has received green lights from Euler Hermes to proceed with liquified natural gas (LNG) projects within Iran.

Iraq to Suggest Crude Restraint Options

Iraq will make three new suggestions at a meeting in Vienna of OPEC oil ministers at the end of the November to implement an agreement to restrain crude supply in order to push up prices.

Iran, Russia Signed MoUs

National Iranian Oil Company (NIOC) has signed memorandums of understanding (MoU) with the Lukoil, Tatneft and Zarubezhneft of Russia.

Saudi Arabia’s Oil Exports Grew in September

Saudi Arabia's crude oil exports rose to 7.812mb/d in September compared with 7.305mb/d in August, this comes to about 507,000b/d increase.

Iran, Poland to Create Oil Shipping Firm

The National Iranian Tanker Company (NITC) and Poland’s Ciech Trading S.A. are in talks in Tehran in order to establish a joint company for the marine transportation of crude oil, petrochemicals and liquefied gas.

Iran to Build Gas Condensate Refinery

Iran's Ghadir Group has reached an agreement with Italian Italian Saipem and Maire Tecnimont to cooperate on building a gas condensate refinery with a 120,000b/d capacity in southern city of Shiraz at the Fars Province.

Iran Launched Oil Fields

the first phase of production at Yadavaran, North Yaran and North Azadegan fields in its oil-rich Khuzestan province, with a total output of more than 220,000b/d.

Page 44 of 99

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password