Oman | Egypt Oil & Gas - Part 22
Iraqi Boosted Oil Output by 5,600b/d
Kuwait Energy Plc announced that the company has brought Iraq’s Faihaa-2 well’s production online. The well is situated in the Block 9 concession, in Basra , in the country’s southern region, reporte...
India Withdrew from Iran, Pakistan Gas Talks
The National Iranian Gas Company ‘s (NIGC) Managing Director, Hamidreza Araqi, said that India has rejected talking with Iran on gas import through Pakistan. He added that India is interested in transferring Ira...
Oil Output Grew by 5% at Tethys Oil Omani Assets
Swedish producer Tethys Oil said its share of oil production from two onshore operations in Oman, before the government’s take, was more than 12,400b/d in August, about 5% increase from July levels, United Press...
Oman, Iran LNG Pipeline to Cost $1.5b
A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project’s route and design to avoid waters controlle...
Arabian Drilling to Buy Dalma Energy
Saudi Arabia’s Arabian Drilling Company (ADC) has shown interest in purchasing Dalma Energy, in a deal which could value the land rig operator at more than $500m, Ecofin Agency Oil and Gas reported. ADC is inter...
Oman Extended Block 50’s EPSA until 2020
Oman’s Ministry of Oil & Gas has extended the exploration and production sharing agreement (EPSA) with Masirah Oil Ltd. for Block 50 for another 3 years from the end of the current phase, with the agreement&... Oman’s Crude Exports Grew by 6.2%
Oman’s crude oil exports grew by 6.2% to 190.71mb during the first seven months of 2016. However, the average price of Omani crude fell by 39.9% to $36.4 per barrel in the overseas markets during the same period of ti...
Gulf Petrochem to Distribute IPOL Lubricants in UAE
The Emirate-based Gulf Petrochem Group signed a 5-year agreement to distribute Indian IPOL brand of lubricant in the United Arab Emirates, with operations slated to fully commence during the third quarter of 2016, Reu...
