oilfield
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Iraq to Increase Nasiriya Output to 100,000 b/d
Wednesday, 13th June 2018
Production at Iraq’s Nasiriya oilfield will be expanded to 100,000 barrels per day (b/d) following a government vote.
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Russia to Work on Iranian Oil Fields
Wednesday, 7th March 2018
Russian oil firms may sign deals with Iran by March 21st which would enable them to work on Iranian oilfields.
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Dubai’s Dar Group Acquired 13.35% Stake in WorleyParsons
Wednesday, 1st March 2017
Dubai-based Dar Group has bought a 13.35% stake in the oilfield services provider WorleyParsons after its takeover bid in 2016 was rejected. -
Qatar Navigation to Buy Qatar Petroleum Stakes
Tuesday, 21st June 2016
Qatar Navigation (Milaha) has reached a preliminary agreement to buy Qatar Petroleum's stake in oilfield services firm Al Shaheen Holding. -
Cairn Energy Publishes Positive Well-Test Results Off Senegal
Tuesday, 5th January 2016
The Edinburgh-based oil explorer, Cairn Energy said it successfully flow-tested the SNE-2 well in the Sangomar Offshore block at a rate of 8,000 barrels a day. -
Moves to Compensate Kuwait over Saudi Oilfield Closure
Sunday, 2nd August 2015
Kuwait has said the continued closure of the Khafji oilfield it shares with Saudi Arabia will create huge losses Riyadh must compensate for in future, -
Iran’s Yaran Oilfield May Come Online in April, Says Official
Monday, 27th July 2015
The official in charge of the development plan of Iran's North Yaran oil field says the field will start producing crude oil as of next April. -
Iran Taps into Giant Oilfields Shared with Iraq
Sunday, 28th June 2015
Iran has accelerated drilling of its largest oilfield which it shares with Iraq in order to catch up with its western neighbor in production -
Maersk Oil Shares Fall with New Bidders for Qatar’s Al-Shaheen Oilfield
Thursday, 7th May 2015
Qatar Petroleum has invited international oil companies to compete to operate and develop its Al-Shaheen oilfield from mid-2017, a blow to current operator Maersk Oil which had hoped to extend its production sharing agreement. -
Kuwait Awards $4.2 Billion Contract to Develop Lower Fars Oilfield
Tuesday, 13th January 2015
Kuwait has awarded UAE-based Petrofac International and Greece-based Consolidated Contractors Company (CCC) a $4.2 billion contract to develop Lower Fars heavy oilfield in the north of the country.
Latest News
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Suez Canal Authority Reduces Transit Rebate on LNG Carriers to 15%
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Eni Announces 3 New Discoveries in Egypt’s Western Desert
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Gastec, Total Energies Sign Natural Gas Station Cooperation Protocol
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Egypt, Lebanon Discuss Arrangements for Egyptian Natural Gas Delivery
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Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 84.55 | +0.94% |
| Crude Oil (Brent) Brent | USD/bbl | 86.25 | +0.84% |
| NYMEX Natural Gas | USD/MMBtu | 5.55 | +5.13% |
| OPEC Basket Price | USD/bbl | 83.36 | +0.07% |
Last Modified October 25, 2021