Saudi Carbon Capture Project to Boost Recovery Rates

• Sunday, 8th November 2015
• by Egypt Oil & Gas

Saudi Arabia's first carbon capture and storage pilot project, located at its Ghawar oilfield, may boost oil recovery rates by 20% points, oil minister Ali al-Naimi said.

$600 Million Omani Oilfield Contract Renewed with Indonesia’s MedcoEnergi

• Thursday, 30th April 2015
• by Egypt Oil & Gas

The Petroleum Development Oman (PDO) has signed a $600 million pact with Indonesia-based oil and gas leader MedcoEnergi to continue developing the Karim Small Fields (KSF) project in southern Oman, a report said.