Zvezda Shipyard Starts Work on Aframax Tanker
Russia’s Zvezda shipyard has commenced production on another Aframax tanker and the vessel will be named after Nursultan Nazarbayev, the first President of the Republic of Kazakhstan.
Russia’s Zvezda shipyard has commenced production on another Aframax tanker and the vessel will be named after Nursultan Nazarbayev, the first President of the Republic of Kazakhstan.
In light of the agreement, GPC and Rosneft will share their oil and gas expertise, know-how, and technology designs through research activities and training programs.
Production at the Zohr natural gas mega field surged in H1 2019 to reach a total of 11.3 billion cubic meters, increasing by 3.6 times compared to a year earlier.
The gas field's production increased around four times, reaching 3.1 bcm in the second half of 2018, compared to the first half's output.
The Qatar Investment Authority (QIA) sovereign wealth fund will pay roughly $4.23 billion for a half of 14.16% stake in Rosneft, the Russian oil giant announced on November 6.
Russia's Rosneft signed a cooperation agreement with Fleet Energy and Fleetliner Energy for supplying gas to Egyptian industry.
Indian company Essar Oil has paid $2.5 billion in debt to Iran.
Russian President Vladimir Putin lauded the work of the Russian energy company, Rosneft, in the semiautonomous Kurdish region in northern Iraq.
Rosneft plans to invest more than $2 billion in the Zohr natural gas field.
During a state visit by Russian President Vladimir Putin to Iran, the two countries announced preliminary energy agreements worth $30 billion.