Iraqi Basra Oil Company (BOC) has signed two agreements with Halliburton to develop the Nahr Bin Omar and Sinbad fields, according to Iraqi news agency. This confidentiality agreement involves Iraq to provide Hallibur...
Chevron stated that production from its Tengiz oilfield, the largest one in Kazakhstan, is gradually to returning to normal after it was limited due to the recent protests, Reuters reported. The production from the fi...
Genel Energy plc negotiates further with the Kurdistan Regional Government (KRG) over the Iraqi oil field Bina Bawi, according to a press release. The documentation that requires further negotiation includes a new dra...
Kuwait and Saudi Arabia have brought in an international consultant to study the development plan for the Dorra offshore natural gas field and determine both countries’ shares in the field’s produced natur...
Prince Abdulaziz bin Salman, Saudi Energy Minister, announced on December 25 that the Kingdom would soon commence a new project at the Dorra offshore gas field, Saudi newspaper Eqtisadiah reported, according to Reuter...
The largest oil field in the world, Saudi Aramco’s Ghawar field, reached a production capacity of around 58 billion barrels of oil equivalent (boe) in combined reserves and 48. 3 billion in liquid reserves, Aramco sai...
Iraq started drilling the first well in the Huwaiza oil field near the Iranian border. “The field may contain 1b barrels in reserves”, said the Iraqi Oil Ministry, according to Reuters. Iraqi Oil Minister,...
International Oil Companies ( IOCs) have presented technical surveys for the development of the Azadegan oil field, according to Pipeline. Iran is looking to ramp up its crude output with 37bb of oil. Production is cu...
The Russian Direct Investment Fund (RDIF)’s Chief Executive, Kirill Dmitriev, said that RDIF would welcome Saudi investments in Russia’s largest oilfield services company Eurasia Drilling, according to Reu...
The National Iranian Oil Company (NIOC) announced that it will hold an international tender for the development of its major oil field in the southwest of the country, as informed on Xinhua. NIOC’s Managing Director, ...