Iran to Develop West Karoun Oil Fields, Eyes 1 mb/d Output Increase
Iran plans to develop 11 oil fields in West Karoun to boost output by 1 million barrels per day (mb/d).
Iran plans to develop 11 oil fields in West Karoun to boost output by 1 million barrels per day (mb/d).
US shale oil production is projected to reach 8.1 million barrels per day (b/d) in September 2021, recording the highest production levels since May 2020.
This comes as the independent plants in China, also known as teapots, cut production in the middle of high inventories, tighter quotas, and weakening profits.
Eni started production from the Cuica Field, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo Floating Production Storage and Offloading (FPSO) vessel, just after four months from discovery.
TransGlobe Energy company announced that it recorded average production of 10,727 barrels per day (bbl/d) during Q2 2021.
United Oil and Gas Company (UOG) announced that it achieved maximum flow rate of production of 2,093 barrels per day of oil (b/d) and 3.63 million standard cubic feet per day (mmscf/d) from Al Jahraa-8 well in Abu ...
China National Offshore Oil Corp (CNOOC) announced that Liuhua 16-2 oilfield cluster, China's first independent deep-water oil and gas project, operates at its full capacity in the South China Sea.
Iranian President Hassan Rouhani has inaugurated several major gas projects in South Pars region.
The director of engineering and construction at the National Iranian South Oil Company (NISOC), Ebrahim Piramoun, announced that the implementation of the company’s desalination plant reached more than 90% and is ...
Petronas company announced that it achieved the first oil production from the East Cendor field in Block PM304 which is located 140 km offshore Peninsular Malaysia.