Kingdom to increase output capacity to 12m bpd.
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Posted inProducts & Services
Insurance costs for Gulf oil projects decline
Insurance costs decline by as much as 30%.
Posted inProducts & Services
KRG Oil Minister investigated for insider trading
Ashti Hawrami under scrutiny after making $20m selling Heritage shares
Posted inProducts & Services
Iran: oil demand and price will rise
Iran’s OPEC governor states prices to rise in second half of 2010
Posted inProducts & Services
Iraq rules out further foreign oil contracts
Prime Minister says no more foreign firms will work on oilfields
Posted inDRILLING & PRODUCTION
Momentum bags Dragon Oil contract
Firm to provide new build jackup rig to Dragon
Posted inNews
Kurdish oil exports to resume soon: PM
Prime Minister says technical teams to discuss resuming exports
Posted inNews
Aramco to inject CO2 into world’s biggest oilfield
Project to attempt to reduce carbon emissions as part of global push.
Posted inProducts & Services
New oil, gas fields discovered in Oman
PDO says one of the discoveries could supply more than 1bn barrels.